Arixa Capital Announces Record $1.4 Billion in 2024 Loan Originations; Welcomes Sujit Govindraj as Chief Revenue Officer
Arixa Capital Announces Record $1.4 Billion in 2024 Loan Originations; Welcomes Sujit Govindraj as Chief Revenue Officer
LOS ANGELES, Feb. 12, 2025 /PRNewswire/ -- Arixa Capital announced today that it achieved a record-breaking year in 2024, originating approximately $1.4 billion in short-term loans for single family and multifamily investment projects.
In the past year, Arixa Capital expanded deeply into several key markets, setting new origination records in Arizona, Florida, North Carolina, South Carolina, Tennessee, Texas, Utah, and Washington. The firm also launched a large balance program for institutional builders and developers of single family and multifamily projects, funding its largest loan to date—nearly $40 million to finance the ground-up construction of townhomes in Nashville, Tennessee.
"Arixa's record year reflects the enduring trust clients place in us to deliver, no matter the market conditions," said Greg Hebner, Managing Director of Arixa Capital. "As we scale our lending platform, we remain committed to our 'Peak Arixa' service: delivering a client-first, reliable, and flexible approach that helps our partners reach new heights."
To support its continued growth, Arixa Capital welcomes Sujit Govindraj as Chief Revenue Officer. Sujit brings over 25 years of experience in commercial and private banking, most recently with Flagstar Bank and First Republic Bank. His expertise in scaling financial solutions while upholding elevated customer service standards will be vital as Arixa helps its clients deliver exceptional real estate projects that expand the nation's housing stock.
"Arixa has built something truly special—a resilient and reliable lending platform that has withstood credit market challenges and continues to adapt and prosper," said Sujit Govindraj, Chief Revenue Officer. "I'm thrilled to join this outstanding team and help drive our next phase of growth by thoughtfully delivering capital in a complex market, where the need for housing has never been greater."
Since its inception, Arixa Capital has originated more than $5.0 billion in bridge, construction, and renovation loans for residential investment projects. Arixa's robust growth is powered by its in-house servicing and draw management platform, which is custom-built to deliver exceptional service every day.
"Arixa attracts institutional builders and developers who value consistency and flexibility at every phase of the loan process," said Seth Davis, Managing Director. "With Sujit on board and our aggressive expansion plans underway, we look forward to extending our reliable execution and elevated customer service to new partners."
About Arixa Capital
Founded in 2006, Arixa Capital is a leading private real estate lender and alternative investment manager with over $5.0 billion in originations completed since inception and over $1.5 billion of assets under management as of December 31, 2024. As an independent, employee-owned firm, we are personally invested in the success of our borrowers and investors. Our reputation for reliability, transparency, and exceptional service inspires long-term relationships and is the foundation of our growth and success. Arixa has been named one of the fastest growing private companies according to the Inc. 5000. The firm has offices in Los Angeles, CA and Phoenix, AZ.*
To learn more about Arixa Capital, please contact:
Greg Hebner
Managing Director
ghebner@arixacapital.com
Seth Davis
Managing Director
sdavis@arixacapital.com
Sujit Govindraj
Chief Revenue Officer
sgovindraj@arixacapital.com
For media inquiries, please contact:
Steve Pavlov
Vice President, Marketing
marketing@arixacapital.com
*Arixa provided Inc. de minimis compensation to be considered for the Inc. 5000 list of the fastest growing private companies in the U.S. For a full description of ranking methodology, please visit: https://www.inc.com/inc-5000-methodology-how-we-selected-these-companies.html.