Amzak Capital Management closed a $200 million warehouse facility with Axos Bank to support the continued expansion of its multifamily construction lending platform under Amzak Capital Partners. This is Amzak’s second warehouse facility in this asset space.
“This facility is a major milestone for us,” Luis Espinal, head of real estate at Amzak, said. “It gives us the capital flexibility to continue backing best-in-class developers and to respond quickly to opportunities in key growth markets. Having now secured our second warehouse facility in this space, we’re building on a proven track record and positioning Amzak’s construction lending group for the next phase of expansion.”
Mike Kazma, president of Amzak Capital Management said, “Axos has been a terrific partner, and their confidence in our platform speaks volumes about the strength of what we’ve built.”
Salvatore Salzillo, senior vice president, head of real estate lender finance at Axos Bank, said, “We are excited to expand our relationship with Amzak through this facility. Amzak has demonstrated a disciplined approach to underwriting and a strong track record in multifamily construction lending. This partnership aligns perfectly with our strategy of supporting experienced lenders with scalable platforms, and we look forward to seeing the continued growth of their business.”
