Affinius Capital and Axonic Capital have formed a strategic partnership, which will deliver mid-market first mortgage financing for new development projects, funded through Axonic’s insurance platform.
“Axonic’s expertise in developing agile financing structures is a natural match with Affinius’ strong presence in construction lending,” said Matt Weinstein, Axonic Capital co-CIO. “We’re able to deliver creative, flexible financing solutions to an area of the middle market that is showing strong signs of opportunity, and we look forward to scaling this platform together.”
“We have been seeking the right partner to help fill what we perceive to be a gap in the market for construction loans in the middle market space,” said Michael Lavipour, Affinius Capital senior managing director/head of lending. “Combining our construction lending infrastructure and sourcing capabilities, which we have spent the last decade plus building, with Axonic's flexible i
