
Arixa, Oaktree Forge JV to Originate Secured Loans in Western U.S.
Arixa Capital Advisors, LLC said Thursday it launched a $100-million strategic joint venture, with the ability to upsize in the future, with funds managed by Oaktree Capital Management, L.P. to originate senior secured loans backed by residential and commercial real estate.
The JV is designed to provide bridge, renovation and construction loans across residential and small balance commercial real estate projects. The partnership will focus on urban infill markets, targeting opportunities in California, Arizona and other Western U.S. markets.
“Arixa is known for its long-term relationships, built over the course of originating more than $3.5 billion in real estate loans,” said Seth Davis, managing director of Arixa Capital. “With the support of Oaktree, a premier global investment manager, we will expand Arixa’s capacity to meet the needs of professional real estate investors and developers who continue to generate attractive investment opportunities and require reliable access to capital for their success.”
Connect Orange County will take place Sept. 27, 2023 at VEA | Newport Beach Marriott in Newport Beach, concurrently with Connect Healthcare Real Estate on Sept. 27 and 28. Click here to register for Connect Orange County, and here to register for Connect Healthcare Real Estate.
- ◦Development
- ◦Financing