News:
Brokerage
Posted: August 29, 2023
Axiom Capital funds $22 million refinance
loan for mixed-use multifamily
Manhattan, NY Axiom Capital has structured and arranged a $22 million permanent loan (five years, fixed rate, three years I/O, five years ext. opt., non-recourse) for the refinance of a mixed-use multifamily property in the Financial District.
The property is an eight-story building with commercial space on ground level and apartments on the upper floors. The unit mix is heavy on studio and one-bedroom units, but the property also offers two-, three- and four-bedroom units. The commercial space is a mix of food and service-related uses.
The property is one block from the Fulton St. Station, with access to New York Penn Station. It is proximally located to employers, Pace University students and a short walk to parks (The Battery), shopping and dining.
Tags:
Brokerage
MORE FROM Brokerage
Island Associates negotiates lease extension for 2,160 s/f restaurant operated by Beef O’ Brady Bar and Grill at Lake Harris Square
Leesburg, FL Roger Delisle and Robert Monahan of Island Associates negotiated a lease extension for 2,160 s/f restaurant operated by Beef O’Brady Bar and Grill at Lake Harris Square located at
Quick Hits
Columns and Thought Leadership
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt
Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian
There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt
You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz
Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
.gif)
September Promotion
