Non-bank lender Arixa Capital will begin selling some of its fix-and-flip loans, which carry a 8%-10% loss-adjusted yield, directly to investors in the next few months, according to Jan Brzeski, chief investment officer.
For those who invest in real estate in the Golden State, it makes sense to ask where the greatest need for investment lies. But the most pressing need is likely for additional housing close to jobs, which therefore represents the most interesting opportunity for investors. Jan Brzeski, Managing Director and Chief Investment Officer of Arixa Capital shares his insight to the growing opportunities in California.
What we saw: A newly-built "Class A" apartment community was temporarily under performing due to the opening of other new apartments nearby. We provided a mezzanine loan, providing the developer with financing until the property stabilized and delivering an attractive return to our capital source.