Arixa Capital has expanded its joint venture with funds managed by Oaktree Capital Management, L.P. to originate senior secured loans backed by residential real estate. Launched in August 2023 with an initial $100-million commitment, the JV now has an additional $100 million, with the potential to leverage these funds through a credit facility structured to help enhance returns and increase deployment capacity.

“Our focus on reliable capital access, rapid execution, and exceptional customer service has driven substantial deal flow, with our pipeline at its highest level to date,” said Seth Davis, managing director of Arixa Capital. “With the support of Oaktree, Arixa can expand its capacity to serve highly experienced and financially sound clients who are seeking reliable alternatives to the regional and community banking sector.”

Added Jason Keller, managing director and head of residential investments for Oaktree’s real estate group, “Arixa Capital has proven to be a trusted partner for Oaktree over the past year, strategically deploying capital, maintaining strong credit quality and delivering attractive returns. We are excited to expand our commitment to this joint venture and support the growth of Arixa’s lending program.”

Founded in 2006, Arixa has originated more than $4 billion in loans since inception.

Pictured: Arixa Capital offices in Los Angeles.