Arixa Holdings LLC, an affiliate of Arixa Capital, and Belay Investment Group have formed a programmatic joint venture to originate bridge, renovation and construction loans on small-balance multifamily and homebuilding projects. The venture will enable Arixa to broaden the scope and scale of its origination platform across major Western U.S. real estate markets, while providing Belay with durable cash flow generated from real estate debt investments. The venture will focus on $1 million to $10 million loans to local real estate investors and developers, who are improving and expanding the supply of residential real estate in their respective markets.
"Our programmatic joint venture with Belay fits with Arixa's long-term goal of building a stable base of capital that includes both institutional investors as well as our existing base of high-net-worth individual investors," said Jan Brzeski, managing director CIO of Arixa.
"We are thrilled to build a relationship with a
