Arixa Capital forms JV with Oaktree
Arixa Capital Advisers has formed a $100 million joint venture, with the ability to upsize via funds managed by Oaktree Capital Management.
Arixa Capital is a leading private real estate lender and investment manager, operating throughout the Western United States. The joint venture 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 markets.
“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,” said Seth Davis, managing director of Arixa Capital.