2024 Insider: Alexander Foster

Alexander Foster

Alex Foster is the director of loan servicing at Arixa Capital, a leading private real estate lender with over $4 billion in total originations. Foster, who brings over 10 years of loan origination and servicing experience, spearheaded the development of Arixa’s cloud-based lending platform, revolutionizing the company’s technology infrastructure. His enduring commitment to innovation helps ensure that Arixa’s lending operations remain efficient, flexible, and transparent across a growing team.

In the past year, Foster has made significant contributions to Arixa’s operations by leading a critical technology project to automate its construction management and funding processes. This involved developing a comprehensive system for building budgets, managing costs, completing inspections, and processing construction draws, made accessible across the company via its CRM platform. The result is a transparent view of all budgets and actual costs, enabling quicker and better-informed loan decisions.

Foster demonstrates excellence and leadership through his focus on improving efficiency, helping limit financial risks, and enhancing communication and transparency in a rapidly growing company. His proactive approach to streamlining operations and increasing automation in the loan origination process has significantly enhanced Arixa’s efficiency, even as originations surge to $100-plus million per month. Foster has successfully deployed automated construction management processes, improving visibility into budgets and costs, and enhancing credit risk monitoring. His commitment to clear communication and prompt support has been recognized across the company, setting standards of excellence at Arixa.

Name:

Alexander Foster

Title:

Director of Loan Operations

Company Name:

Arixa Capital

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