Private real estate lender Arixa Capital has closed its second residential transition loan (RTL) securitisation, securing $200m (£148.9m) of investor commitments.
The alternative investment manager said the securitisation offered Class A1 and Class A2 notes totalling $180m, while Arixa retained the remaining $20m tranche.
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“Arixa’s second RTL securitisation expands our access to institutional capital and strengthens our capacity to reliably finance residential and multifamily projects nationwide,” said managing director Seth Davis.
The securitisation is backed by a diversified pool of US loans and includes a two-year revolving period, allowing principal repayments from underlying loans to be reinvested into newly originated assets.
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Performance Trust Capital Partners acted as sole structuring agent and bookrunner on the transaction.
Headquartered in Los Angeles, Arixa Capital has completed more than $8bn of originations since inception and has a servicing portfolio exceeding $2.5bn. The securitisation comes after the firm generated more than $2bn in annual loan originations during 2025.
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