Arixa Capital, a private real estate lender and alternative investment manager based in Los Angeles, said Wednesday it had surpassed $4 billion in cumulative loan originations. The company said the milestone underscores the loyalty and support of its base of real estate investors, developers and builders specializing in single-family and multifamily investment projects in supply-constrained urban markets.
“As Arixa surpasses the $4-billion mark, we’re profoundly grateful for our many longstanding clients who have trusted us as their preferred source for short-term financing,” said managing director Gregory Hebner. “With the significant uptick in demand for new loans, we’re focused on aggressively expanding our capital base to support our growing clientele across California, Arizona, and other new strategic markets.”
Simultaneously, Arixa has added Jonathan Fox as its first-ever chief credit officer. He brings more than two decades of experience in credit risk management and underwriting in real estate finance, including prominent roles at First Republic Bank, JPMorgan Chase and Citigroup.
Pictured: Arixa Capital headquarters at 10960 Wilshire Blvd.
How are deals getting financed in today’s uncertain climate? On May 1, Connect Los Angeles 2024 brings together John Manning of MMCC, Gary Bechtel of Red Oak Capital Holdings, Felix Gutnikov of Thorofare and TR Hazelrigg, IV of Avatar Financial Group on the Financing with Debt Panel. Register now to hear from these industry experts.
