Arixa Capital and Oaktree Capital Management, L.P. have expanded their joint venture to originate senior secured loans backed by residential real estate. The JV was launched in August 2023 with an initial commitment of $100 million and has now increased to a total of $200 million, with the potential for further leverage through a credit facility. This strategic partnership allows Arixa to provide reliable capital access, quick execution, and exceptional customer service to experienced clients seeking alternatives to traditional banking.
According to Seth Davis, managing director at Arixa Capital: “Our focus on providing reliable capital access along with our efficient execution process has resulted in significant deal flow for us. With the support of Oaktree’s expertise and resources, we are able expand our capacity even further.”
Jason Keller from Oaktree’s real estate group also expressed excitement about expanding their commitment towards this joint venture: “Arixa has been a trusted partner for us over the past year as they have consistently delivered strong credit quality and attractive returns while strategically deploying capital.”
Since its establishment in 2006, Arixa has successfully originated over $4 billion in loans.
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