{"id":11135,"date":"2024-04-02T15:17:41","date_gmt":"2024-04-02T20:17:41","guid":{"rendered":"https:\/\/1reason.com\/re\/axsys-capital-announces-initial-closing-of-axsys-capital-fund-i-lp\/11135\/"},"modified":"2024-04-03T10:17:41","modified_gmt":"2024-04-03T15:17:41","slug":"axsys-capital-announces-initial-closing-of-axsys-capital-fund-i-lp","status":"publish","type":"post","link":"https:\/\/1reason.com\/re\/axsys-capital-announces-initial-closing-of-axsys-capital-fund-i-lp\/11135\/","title":{"rendered":"AXSYS Capital Announces Initial Closing of AXSYS Capital Fund I, LP"},"content":{"rendered":"<div> The fund will focus on acquiring medical office buildings (MOBs) across the Midwest over the next 6-12 months, including Illinois, Missouri, Ohio and Wisconsin.  <\/p>\n<p>\u201cThe initial closing of AXSYS Capital Fund I enhances our firm\u2019s capabilities and emphasizes our focus on identifying and capitalizing on properties we consider to be high quality, \u2018recession-proof\u2019 assets with stable, creditworthy medical and professional services tenants that we can hold long term,\u201d said <strong>David Meggs<\/strong>, Co-Founder &amp; CEO of AXSYS Capital.<\/p>\n<p>AXSYS Capital has identified a niche in high-quality properties, primarily medical, in the $2M to $6M price point, that are off the radar of institutional investors and have above-market returns. To date, AXSYS Capital has successfully executed the acquisition, renovation, repositioning and sale of more than 25 transformative commercial and mixed-use properties across the Midwest totaling more than $74M.<\/p>\n<p>The AXSYS Capital Fund I acquired three properties in the second half of 2023, including 853 Medical Drive in Wentzville, MO; W175 N11056 Stonewood Drive in Germantown, WI; and 9120-30 Loomis Road, Franklin, WI, respectively. These properties all contain a mix of medical and professional tenants with long-term leases in place.<\/p>\n<p>\u201cWe believe that these types of properties can provide a hedge against inflation and add diversity to portfolios where so often there is an overreliance on the stock market via stocks and bonds,\u201d added Meggs. Over the next few months, AXSYS Capital expects to close on up to five additional properties across the Midwest utilizing funds from AXSYS Capital Fund I.<\/p>\n<p><strong>About AXSYS Capital:<\/strong><br \/>AXSYS Capital is a dynamic property investment company committed to unlocking strong risk-adjusted returns within an often-overlooked niche of the real estate market\u2014smaller, suburban medical office and or \u201cmedtail\u201d buildings. Rooted in the belief of cultivating robust investment portfolios, we employ a strategy centered on tangible assets that provide a compelling alternative for investors seeking diversification beyond the stock market. AXSYS Capital offers stability and growth through a meticulously curated selection of buildings home to primarily medical, financial, and insurance businesses\u2014entities we consider &#8220;Amazon proof.&#8221;<\/p>\n<p>What sets AXSYS Capital apart is our unwavering dedication to people and community. We understand the significance of fostering strong, enduring relationships with tenants and neighbors, recognizing that this commitment contributes directly to the vitality of our properties and, ultimately, the success of our investments. With affordable purchase prices and a proven model, AXSYS Capital stands as a beacon of stability and prosperity in the realm of property investment. For more information, please visit: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=9NSDfOvOckDp6ztiXPWOXJgJQfhDrdyVexgJ0IlJhfmPTlddA_zb-Y8nIcRA11EB8twtULTOYivA6ClXX24QOfbFnuQo9y8yX3RE2181t0w=\" rel=\"nofollow noopener\" target=\"_blank\" title=\"\">https:\/\/axsyscapital.com\/<\/a>.<\/p>\n<p>Note: This document is intended for informational purposes only. It is not an offer to sell, or a solicitation of any offer to buy, any security, nor does it purport to be a complete description of the terms of or the risks or potential conflicts of interest inherent in any actual or proposed security or transaction described herein.<\/p>\n<pre>CONTACT: Greg McGunagle&#013;\nPresident, Transmitter PR&#013;\n(212) 967-1449&#013;\ngmcgunagle@transmitterpr.com<\/pre>\n<p><img src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"lazyload\" data-src=\"https:\/\/ml.globenewswire.com\/media\/MzQ0MGMzMzAtZDJjNy00OTVkLTk5YzQtNTdhZTY2OTI2MDU3LTUwMDEyMjcxNQ==\/tiny\/AXSYS-Capital.png\"><\/div>\n","protected":false},"excerpt":{"rendered":"<div>\n<p>New Fund Will Be Used to Acquire High Quality Medical\/Medtail properties Across the Midwest<\/p>\n<p align=\"left\">LIBERTYVILLE, Ill., March 07, 2024 (GLOBE NEWSWIRE) &#8212; AXSYS Capital, an emerging leader in medical property investments, is pleased to announce a successful initial closing of its premier AXSYS Capital Fund I, LP.<\/p>\n<\/div>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":[],"categories":[11],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/11135"}],"collection":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/comments?post=11135"}],"version-history":[{"count":1,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/11135\/revisions"}],"predecessor-version":[{"id":11149,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/11135\/revisions\/11149"}],"wp:attachment":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/media?parent=11135"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/categories?post=11135"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/tags?post=11135"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}