Axiom News

Archive

2016

2015

2014

2013

2012

2011

2008

2007

2002

1998

1995

1991

1989

Axiom News

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

We are happy to report that along with Whispering Trails Apartments, we have also purchased  11 S. Testa, a 12 unit multifamily apartment building that was once a part of Whispering Trails but sold in 1992. Ranked the nation’s …

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, …

Location: DeKalb, IL

Asset Type: Apts

Apartment Units: 192

 

Purchased underperforming student property. Increased monthly income by 15% in the first year. Since acquisition in December 2012, over 89% of equity has been returned to Investors.  

Location: Portage, IN

Asset Type: Apts

Apartment Units: 342

 

Acquired well-maintained underperforming asset. Increased revenue by upgrading amenities and restructuring rents. Increased net income by 15% in the first year. Current distributions exceed 12% cash on cash return. 

Location: Madison, WI

Asset Type: Apts

Apartment Units: 140

 

Acquired LLC from seller that was poorly managed.  Increased occupancy from 70% to 95% in 5 month leasing season. Refinanced at the end of year one, returning 100% of original …