Axiom Capital Arranges $12.3M Acquisition Loan for Upstate New York Shopping Center

by Taylor Williams

SARATOGA SPRINGS, N.Y. — Financial advisory firm Axiom Capital Corp. has arranged a $12.3 million permanent loan for the acquisition of a 62,980-square-foot shopping center in the upstate New York community of Saratoga Springs. The center sits on a 5.4-acre site, includes 298 parking spaces and is home to tenants such as Hello Nails and The UPS Store. The names of the borrower, a family-owned development and management group, and the direct lender, a local bank, were not disclosed.

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