Axiom Capital Corp. structured and arranged a $13.5 million permanent loan

Saratoga Springs, NY Axiom Capital Corp. has structured and arranged a $13.5 million permanent loan. The 10-year, fixed rate, non-recourse loan will be used for the refinance of a class A mixed-use property located in Saratoga County.

The property is three miles from Exit 15 off I-87 and located at the corner of New York State Route 9N and West Ave., just a few blocks from downtown. The property consists of 63 units of apartments and 5,423 s/f of commercial space.

Additional details were not disclosed.

Axiom Capital Corp. is a leading boutique commercial real estate finance and advisory firm offering a wide spectrum of creative value added financing and investment strategies for all commercial property types nationwide.

They have deep rooted relationships with their clients, unparalleled access to capital market partners, respect of industry peers, and have structured over $7.0 billion in debt, equity, and advisory transactions over nearly 30 years in operation.

Tags: Brokerage

Reprint

Previous Story Next Story

Marcus & Millichap brokers $2.8 million sale of free-market mixed-use property in Brooklyn

Brooklyn, NY Marcus & Millichap brokered the sale of 733 Dekalb Ave., a fully free-market multifamily and retail property in the Bed-Stuy neighborhood. The asset sold for $2.8 million.

Investment Property Realty Group’s Team Friedman brokers seven Bronx closings totaling $12.07 million

IPRG’s Team Friedman brokers 7 Bronx closings totaling $12.07m

Highcap Group sells Astoria 17 unit elevatored apartment building

OPEN Impact R.E. helps Coney Island Prep. secure 39-year leasehold condominium for new 45,190 s/f high school

OPEN Impact helps Coney Island Prep. secure leasehold condo. for new high school

New York restaurant group acquires Upper West Side retail co-op for $4.135 million in deal arranged by Lee & Associates NYC

N.Y. restaurant group acquires Upper West Side retail co-op for $4.135m in deal arranged by Lee & Associates NYC

READ ON THE GO

DIGITAL EDITIONS

Browse Now

Quick Hits

Finance

JLL secures $617 million in total capitalization for Grubb Properties

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

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.

Positive forecast for New York’s pro-housing push? - by Philip Butler

New York’s housing crisis remains a hot button topic despite growing consensus that varied and affordable housing is desperately needed statewide. Governor Hochul has recently introduced several initiatives to overcome N.Y.’s anti-housing

A guide to finding the right NYC property management company - by Sanjay Gandhi

Being a small to midsize landlord in NYC is an increasingly demanding endeavor. From navigating complex regulations, increased compliance demands to dealing with tenant issues and remediating violations. It is wise to enlist the assistance of a partner, a professional