Leading private real estate lender Arixa Capital has recently appointed Jonathan Fox as its Chief Credit Officer. Jonathan contributes substantial residential credit expertise to the Arixa Capital team through his over two decades of experience in credit risk management and underwriting in real estate finance, including notable positions at First Republic Bank, JPMorgan Chase, and Citigroup.
In conjunction with Jonathan Fox's addition to its staff, the company announced a noteworthy milestone: the cumulative origination of loans has surpassed $4 billion. This accomplishment highlights the dedication and backing of Arixa's esteemed network of builders, developers, and real estate investors specializing in investment projects involving single-family and multifamily properties in urban areas with limited supply. Additionally, it underscores the unwavering commitment and diligence of the Arixa team, which daily endeavors to provide outstanding service to the organization's clientele.
Commenting on Jonathan Fox's recent appointment, Managing Director Seth Davis stated:
We are thrilled to introduce Jonathan Fox as Arixa's first Chief Credit Officer. We've assembled a team that is built for substantial growth, and Jonathan will play a pivotal role in scaling our credit management processes while upholding our rigorous underwriting standards as we expand our lending platform.
As Arixa Capital commemorates this achievement and extends a warm greeting to Jonathan Fox, the organization is steadfast in its fundamental principles: providing dependable financial support and outstanding client care that empower clients to thrive amidst ever-changing market conditions. Since its inception in 2006, Arixa Capital has offered professional real estate investors, developers, and builders with senior secured, short-term loans to finance the purchase, renovation, and construction of investment properties. Constraints on the credit market that continue to affect numerous regional banks and private lenders position Arixa favorably to capitalize on the multibillion-dollar funding vacuum for residential real estate bridge, construction, and fix-and-flip loans.
I'm excited to join the Arixa Capital team and build on their legacy of strong credit quality combined with a robust service offering that sophisticated real estate investors expect from an institutional private lender.
Chief Credit Officer Jonathan Fox
With the achievement of exceeding $4 billion, Arixa expresses appreciation to its numerous enduring clients who have placed their trust in the organization as their go-to provider of short-term financing. The organization will prioritize the expansion of its capital base in response to the substantial increase in demand for new loans to support its expanding clientele in Arizona, California, and other emerging strategic markets. Arixa has meticulously designed a preeminent investment platform that provides loans that appeal to its investor base while enabling borrowers to attain profitable investment results in residential real estate.