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Axiom News

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with axiom news and events.

Lincolnshire West 100% Occupied for the 14th consecutive year.

Lincolnshire West in DeKalb, Illinois home of Northern Illinois University (NIU) reached 100% occupancy for the 14th consecutive year.  Lincolnshire also enjoys consistently being voted best place to live by NIU students.  Lincolnshire West is again one of Axiom's top performers.

Axiom Properties has arranged the acquisition of two apartment communities. The first property consists of 218 units in Rockford, Illinois known as Arlington Place Apartments.  Yes this is the same property we operated from 1999 until 2006.  The second property is Rimrock Hills in Madison, Wisconsin.  This property is 140 units located just south of the Beltline on Rimrock Road.  This brings Axioms total units managed to over 4,850.

Axiom Properties....Always Home

The Birches in Joliet, IL just opened a brand NEW Office, with a State of the Art Fitness and Business Center!!!!!!!

100% Occupancy in Joliet, IL

Both Pheasant Run and The Birches apartment communities in Joliet, IL hit 100% occupancy in February!!!  Great Job team!!

Lincolnshire West 100% Occupied for the 13th consecutive year.

Lincolnshire West in DeKalb, Illinois home of Northern Illinois University (NIU) reached 100% occupancy for the 13th consecutive year.  Lincolnshire also enjoys consistently being voted best place to live by NIU students.  Lincolnshire West is again one of Axiom's top performers.

Chateau Knoll, 396 Units Bettendorf, IA refinanced with Wells Fargo Bank.  Terms of the transaction withheld.

Springtree Apartments, Middleton WI celebrates its Grand Opening for New WiFi lounge, Business and Fitness Center. With the success of other properties, Springtree repurposed a one bedroom apartment into the three amenities. This improvement sets Springtree ahead of its competition in the Middleton market.

Park Village, Madison Wisconsin achieves 100% occupancy.  Our second property to reach 100% occupancy this summer.  Congratulations to the Team.  River Oaks maintains its 100% occupancy.  Keep up the good work.

An elusive goal in this industry is to achieve 100% occupancy.  River Oaks in Moline has achieved this in June, 2010.  Congratulations to the entire staff for their hard work in making this achievement happen.

Lincolnshire West DeKalb, IL refinanced its current debt with Grandbridge Real Estate Capital, LLC on April 30^th 2010. Terms of the transaction are withheld.  The proceeds of the transaction will be used for capital improvements for the property and distribution to ownership.   Lincolnshire West’s debt is now fixed for the next 10 years.

River Oaks in Moline, Illinois closed on a new mortgage with First Midwest Bank.  Terms of the transaction are withheld.

Axiom Properties received the Better Business Bureau (BBB) Complaint Free Award for 2009

Park Village Madison, WI

January 15th Grand Opening of the Park Village Clubhouse.  The Clubhouse features New WiFi Lounge, Business Center and Expanded Fitness Center.  The New Clubhouse replaces the 2,600 SF Indoor Pool.  Over 1,000 SF is dedicated to the fitness center with state of the art equipment.  Students at Park Village will be able to complete and print their term papers in the Business Center featuring Dell computers and Highspeed internet access . Finally the WiFi Lounge will allow our residents to sit by the fire and surf the internet.   The entire project was complete within the budget of $275,000 and on time. 

Park Village Apartments in Madison, Wisconsin breaks ground on a new clubhouse project

The obsolete indoor pool building at Park Village is under renovation to become a state of the art clubhouse.  The improvements include Business Center, WiFi Lounge with Fireplace, Fitness Center over looking outdoor pool and expanded office space.  Completion is expected before the end of 2009.

Lincolnshire West 100% Occupied for the 12th consecutive year.

Lincolnshire West in DeKalb, Illinois home of Northern Illinois University (NIU) reached 100% occupancy for the 12th consecutive year.  Lincolnshire also enjoys consistently being voted best place to live by NIU students.  These two factors allow Axiom to push rents and make Lincolnshire West one of Axiom's top performers.

For the second year in a row Middleton, WI home to Springtree Apartments, is in the Top Five cities in the US to live in.

Town and Country completes a 30 K plus project to move the properties main entrance from the less traveled Kerr Avenue to Cunningham Avenue.  Since the completion last year of the 44 new units at the corner of Oakland and Cunningham the preferred traffic flow.  Last fall the driveway to the office was extended to connect to Oakland Avenue.  This Spring new landscaping including Flag Poles, Irrigation, Dry River bed, Trees, Shrubs and Perennials were added to improve the curb appeal of the new route to the site office.   (Photos are available on the Town and Country and Town and Country II websites.)

The letter grade for Axiom Properties is "A+". This new letter grade will be available for the public June 1st to view on your BBB Reliability Report at the BBB Web site (www.bbb.org/chicago).

28 West receives certificates of occupancy for 2841 Highland building comprising of 54 new apartment homes.