As featured in Commercial Mortgage Alert from Green Street News, Axonic Capital is expanding its lending platform in the middle-market multifamily sector, focusing on workforce housing properties where fundamentals remain resilient.
In partnership with CBRE, Greystone and Walker & Dunlop, the firm originated approximately $300 million in alternative-agency loans during the second quarter, with expectations to reach $600 million by year’s end. The platform is on track to exceed $3 billion in originations next year.
Axonic’s Principal and Portfolio Manager, Jonathan Salter, emphasizes: “We believe there are significant secular tailwinds in the middle-market multifamily space, and the sector is incredibly defensive.”
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