Arixa Capital Achieves Record Loan Originations of $1.4 Billion in 2024 Amid Key Market Expansion
Arixa Capital Achieves Historic $1.4 Billion in Loan Originations for 2024
Arixa Capital has made headlines by achieving a remarkable record of approximately $1.4 billion in loan originations for short-term investment projects in 2024. This significant benchmark marks the company’s largest yearly total to date, reflecting both robust growth and a strong demand for real estate investment financing.
Expansion into Key Markets
In its pursuit of growth, Arixa Capital has strategically expanded its footprint across multiple vital markets, establishing new origination records in states like Arizona, Florida, North Carolina, South Carolina, Tennessee, Texas, Utah, and Washington. A noteworthy highlight of their expansion is the launch of a large balance program tailored for institutional builders, which recently funded a substantial loan nearing $40 million for the construction of townhomes in Nashville, Tennessee.
According to Greg Hebner, Managing Director of Arixa Capital, this successful year underscores the confidence clients place in the firm, even amid varying market conditions. He noted, "As we scale our lending platform, we remain committed to our 'Peak Arixa' philosophy—providing a client-first approach that’s both reliable and flexible."
New Leadership
To further consolidate its growth trajectory, Arixa Capital welcomes Sujit Govindraj as its new Chief Revenue Officer. With over 25 years of seasoned experience in commercial and private banking, Sujit previously excelled at Flagstar Bank and First Republic Bank. His focus on elevating customer service standards and scaling financial solutions is expected to play an instrumental role as Arixa assists clients in delivering outstanding real estate projects that contribute to the expansion of the nation’s housing stock.
Sujit expressed his excitement about joining the team, stating, "Arixa has crafted a resilient lending platform that has not only survived challenges in the credit market but continues to innovate and thrive. I'm eager to contribute to this exceptional team’s growth in our complex financial landscape, especially given the pressing need for housing."
A Proven Track Record
Since its inception in 2006, Arixa Capital has successfully originated over $5 billion in loans, including bridge, construction, and renovation financing for residential investments. The firm’s rapid growth is supported by its in-house servicing and draw management platform, which is specifically designed for optimal service delivery.
Seth Davis, another Managing Director at Arixa Capital, emphasized the importance of reliability, stating, "Arixa appeals to institutional builders and developers who look for consistency and adaptability during the loan process. With Sujit joining our ranks and our ambitious expansion plans in motion, we are enthusiastic about extending our reliable service to new partnerships."
Arixa Capital has established itself as a leading player in the private real estate lending sector, building a reputation anchored in reliability and transparency. Having been recognized as one of the fastest-growing private companies in the U.S. according to the Inc. 5000 list, Arixa boasts over $1.5 billion in assets under management as of the end of 2024. The company’s dedication to forging long-lasting relationships with borrowers and investors alike continues to fuel its growth.
For media inquiries regarding Arixa Capital and its impressive milestones, interested parties can reach out to the firm’s management team, including Greg Hebner (Managing Director), Seth Davis (Managing Director), and Sujit Govindraj (Chief Revenue Officer). Their insights and expertise can shed further light on this dynamic firm’s future and strategic vision in the real estate financing landscape.