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Axiom News

Location: Sun Prairie, WI

Apartment Units: 98

 

Axiom Properties has successfully closed on the purchase of the Axiom ABW Portfolio consisting of Arlington Apartments and Belmont Apartments located in Sun Prairie, WI. Arlington is a 50 unit garden style community built in 1970, consisting of 5 …

Location: Madison, WI

Apartment Units: 128

 

Axiom Properties has increased it's presence in the Madison market by successfully negotiating the purchase of Heather Downs, a 128 unit multifamily apartment community in Madison, Wisconsin.  Built between 1980 and 1996, prominently located at the corner of McKenna Boulevard and Raymond …

Location: Roselle, IL

Apartment Units: 216

 

Axiom Properties has successfully negotiated the purchase of The Moorings Apartments, a 216 unit multifamily apartment community in Roselle, Illinois.  Built in 1976, the property is well located in a quiet area of a bustling suburb of Chicago.  …

Location: Lombard, IL

Apartment Units: 230

 

The 230 unit multifamily apartment community is located in Lombard, Illinois. The property was built in 1968 and is located in DuPage County, one of the wealthiest counties in the nation.  Lombard has an outstanding reputation as one …

Location: Monona, WI

Apartment Units: 48

Cardinal Place Apartments, in Monona, Wisconsin is located in the heart of the city. Close to  Monona Grove schools, La Follette High School, a pharmacy, church, banking and dining, just a short drive to Stoughton Road/Hwy 51 and the Beltline. …

Location: Naperville, IL

Apartment Units: 108

Closed two contiguous, separate deals of 96 units and 12 units with bridge loans and immediately rolled into one agency loan.  Renovating a well located, under-performing asset with various levels of updates and market rents into one uniform Axiom …

Location: Waukesha, WI

Asset Type: Apts/Retail

Apartment Units: 310

 

Purchased a property in a prime location that had been well-maintained by the original owner. We have begun the repositioning process with the renovation of selected units as well as …

Location: St. Charles, IL

Asset Type: Apts

Apartment Units: 228

 

Acquired a well located, underperforming asset. Within the first 7 weeks with Axiom Management, 39% of the entire property had renewed or signed new leases at increased rent in …

Location: Valparaiso, IN

Asset Type: Apts

Apartment Units: 152

 

Acquired the property that was just converted from Affordable Housing to conventional. Property reached stabilized occupancy in 6 months. Distributions exceed 18% on the original capital investment.  

Location: Sharon, WI

Asset Type: Apts

Apartment Units: 160

 

Acquired non-performing 10 year old property at 25% of construction cost. Physical repositioning and stabilized occupancy was achieved after 15 months. Property value increased 100%. Following refinancing of the asset, …