Arixa Capital Selected for GlobeSt.com Rainmakers in Finance, Debt & Equity
By Erika Morphy | February 04, 2022
The last twelve months have been good for the people who work in finance. Capital markets have been robust and the cost of capital has been relatively low. The latter, at least, will be changing this year to a certain extent requiring the men and women in this space to bring their best game to the table. We have no doubt that the people we have selected for this year’s Rainmakers are more than well positioned for the task.
Arixa Capital has played a leading role in changing the landscape of bridge and construction lending for smaller projects, traditionally the domain of the mom-and-pop industry for amounts under $10 million. The company was founded in 2006 to provide capital to smaller residential developers and real estate investors and launched its first lending fund in 2010. Arixa first focused on the West Coast and has expanded to major job centers across the Western U.S. The firm is led by founder, managing director and chief investment officer Jan Brzeski, and managing directors Greg Hebner and Seth Davis. Arixa’s borrower satisfaction consistently scores above 90, and about three-quarters of all of its loans are to repeat borrowers. The firm’s borrowers typically build for-sale or for-rent residential and mixed-use projects and need a source of flexible capital that allows them to move quickly when opportunities arise. The company counts one of its greatest accomplishments as its ability to help its borrowers after the pandemic hit as some lenders drew back. Arixa stayed focused on taking care of all of its existing clients and existing loans and picked up many new clients as a result. Other achievements include surpassing $2 billion of total loans funded; signing a joint-venture with Belay Investment Group that connects Arixa to institutional capital from one of the nation’s largest pension funds; and numerous awards. Many of the company’s team members participated in ULI’s Young Leader Group Partnership Forum program, and Brzeski mentors a dozen young adults each year through the program.