Axiom Capital announces a closing in New York City, NY
Axiom Capital has structured and arranged a $22,000,000 permanent loan for the refinance of a mixed-use multifamily property in Lower Manhattan in the Financial District, New York City, New York. 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 […]
Read MoreAxiom Capital announces a closing in Latham, NY
Axiom Capital has structured and arranged a $8,600,000 permanent loan for the refinance of a retail plaza located in the Latham area of the Town of Colonie, Albany County, New York. The property consists of approximately 107,245 square feet of retail, with some office space, in 9 separate buildings situated on approximately 15.77 acres. The […]
Read MoreThe Squeeze Is On by Gary Carmell
As this chart shows, the yield continues to invert with 3-month Treasury Bill yields substantially higher than 10-year Treasury Note yields. As I wrote about previously, Fed Chairman Jay Powell discounted traditional yield curve indicators such as the differential between 10s and 3-month T Bills and 10s and 2-year Treasury yields. He found research done by […]
Read MoreAxiom Capital announces a closing in Lewisville, TX
Axiom Capital has structured and arranged a $6,392,000 permanent loan for the acquisition of a single tenant specialty grocer located in Lewisville, Denton County, Texas. The property consists of a 48,427 square foot building situated on 3.20 acres. The property is located within a shopping center, that totals more than 106,000 square feet. The property […]
Read MoreAxiom Capital announces a closing in Farmington, MO
Axiom Capital has structured and arranged a $3,000,000 permanent loan for the refinance of a freestanding retail building located in Farmington, St. Francois County, Missouri. The property was built in 2016 and contains a 51,373 square foot single tenant building with 162 surface parking spaces situated on 3.90 acres. The property is located on Bray […]
Read MoreAxiom Capital announces a closing in Clifton Park, NY
Axiom Capital has structured and arranged a $38,500,000 permanent loan for the aquisition of a regional retail center located in Clifton Park, Saratoga County, New York. The property consists of six separate buildings on five separate parcels with ample parking. The property is currently home to 64 tenants including a strong line up of national/ […]
Read MoreAxiom Capital announces a closing in Burbank, CA
Axiom Capital has structured and arranged a $9,840,000 permanent loan for the refinance of a mixed-use property located in Burbank, Los Angeles County, California. The property offers 30,176 square feet of rentable space prominently situated in the heart of downtown Burbank. Situated on a 0.36- acre site, the property is on a prime corner with […]
Read MoreAxiom Capital announces a closing in Torrance, CA
Axiom Capital has structured and arranged a $17,000,000 permanent loan for the refinance of a medical office building located in Torrance, Los Angeles County, CA. The property offers 60,516 square feet of rentable space with on-site parking of 291 spaces situated on a 2.45-acre site. The mix of tenants include orthopedics; ear, nose and throat; […]
Read MoreAxiom Capital announces a closing in Utica, NY
Axiom Capital has structured and arranged a $25,356,396 construction to permanent loan for a Class A, multi-tenant medical office building located in Utica, New York. The project entails the construction of a 3-story, 76,393 rentable square foot building situated on approximately 1.46 acres and will offer on-site surface parking on two nearby parcels that are […]
Read MoreAxiom Capital announces a closing in Palm Coast, FL
Axiom Capital has structured and arranged a $3,100,000 bridge loan for the refinance of a 139,801 rentable square foot multi-tenant, industrial property located in Palm Coast, Flagler County, Florida. The property consists of one single-story building with 228 parking spaces situated on 17.44 acres. The property is conveniently located approximately 2 minutes from Palm Coast […]
Read MoreAxiom Capital Corp. announces a closing in Daniel Island, SC
Axiom Capital Corp. has structured and arranged a $9,000,000 bridge loan for the refinance of an office building located in Daniel Island, Charleston, South Carolina. The property consists of a 65,846 square foot, two-story multi-tenant office building with 309 onsite parking spaces. The property is situated on a 11.6-acre parcel along the marshes of Beresford […]
Read MoreWhat Are Rates Going To Do Next?
Written by: Chuck Cronin on 1/26/23 We believe this is a critical question you must consider when developing your Commercial Real Estate (CRE) financing strategy. Attached please find a 2-page PDF interest rate history graph we think will help; it is plotting: The Fed Funds Rate (GREEN LINE) from 1954 to 2023. The 10-year treasury […]
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