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.