By Proptechbuzz
By Ravi Kumar
Amzak Capital Management (“Amzak”) has secured a $200 million warehouse facility with Axos Bank to expand its multifamily construction lending operations under Amzak Capital Partners. This marks the firm’s second warehouse facility in this asset class, underscoring its continued focus on scaling within the multifamily housing sector.
Since the launch of its construction lending platform, Amzak has originated more than $800 million in debt, financing 21 multifamily projects that together represent over 5,500 residential units. These projects span across Florida, South Carolina, Texas, Arizona, Connecticut, and New Jersey.
The new facility is expected to increase Amzak’s lending capacity, enabling the firm to continue funding large-scale developments in high-demand, supply-constrained markets across the U.S.
“This facility is a major milestone for us,” said Luis Espinal, Head of Real Estate at Amzak. “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, added, “Axos has been a terrific partner, and their confidence in our platform speaks volumes about the strength of what we’ve built.”
“We are excited to expand our relationship with Amzak through this facility,” said Salvatore Salzillo, Senior Vice President, Head of Real Estate Lender Finance at Axos Bank. “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.”
Amzak is a diversified investment manager with interests spanning private equity, real estate, fixed income, and industrial ventures. Its real estate division originates, structures, and services both debt and equity investments nationwide. Since inception, the group has contributed to the financing and development of more than 35,000 housing units across the country as a senior lender, equity investor, or preferred equity partner.
Amzak’s multifamily construction lending platform has become a central pillar of its real estate strategy, having originated over $800 million to date and supported the development of more than 5,500 units across 21 projects.
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