KIAVI


Associated tags: Housing, Ageing, Real estate, SAN, NMLS, ID, Reis

Locations: UNITED STATES, NEW JERSEY, GERMANY, CALIFORNIA, VIRGINIA

Kiavi Launches Construction Financing for Real Estate Investors

Retrieved on: 
Monday, April 8, 2024

SAN FRANCISCO, April 8, 2024 /PRNewswire/ -- Kiavi, a leading provider of capital to residential real estate investors, announced the launch of its construction financing product. This new product leverages Kiavi's technology platform and data advantage to offer competitively priced, transparent, and reliable capital to real estate developers looking to rebuild outdated houses or build new homes on vacant lots. Through this new offering, local developers will be able to leverage Kiavi's capital to execute their visions, and the communities they serve can be revitalized and enhanced by the creation of new, modern housing units.

Key Points: 
  • New loan product with fast, transparent, and customized terms to help real estate investors scale their businesses while combating the nation's housing crisis
    SAN FRANCISCO, April 8, 2024 /PRNewswire/ -- Kiavi , a leading provider of capital to residential real estate investors, announced the launch of its construction financing product .
  • Through Kiavi's construction loans, real estate developers can access capital to help close this gap by creating new housing stock with either build-to-sell or build-to-rent strategies.
  • Kiavi is one of the top lenders to real estate investors in the United States.
  • The company's technology platform, data-driven approach, and leading capital execution allow Kiavi to provide real estate investors with a fast, transparent online experience, competitive pricing, and reliable capital to scale their businesses.

Kiavi closes $350 million revolving securitization of residential transition loans

Retrieved on: 
Monday, February 26, 2024

SAN FRANCISCO, Feb. 26, 2024 /PRNewswire/ -- Kiavi, a leading provider of capital to residential real estate investors, today announced it closed an approximately $350 million unrated securitization of residential transition loans ("RTLs"). This is Kiavi's 16th transaction under its LHOME shelf, bringing the company's total issuance to $4 billion+ in offered notes since it began its securitization program in 2019.

Key Points: 
  • SAN FRANCISCO, Feb. 26, 2024 /PRNewswire/ -- Kiavi , a leading provider of capital to residential real estate investors, today announced it closed an approximately $350 million unrated securitization of residential transition loans ("RTLs").
  • This is Kiavi's 16th transaction under its LHOME shelf, bringing the company's total issuance to $4 billion+ in offered notes since it began its securitization program in 2019.
  • With significant interest from both new and repeat institutional investors, the deal was upsized and oversubscribed.
  • As with prior transactions, the deal includes a two-year revolving period, during which principal payoffs can be reinvested to purchase additional newly originated loans.

Kiavi closed 2023 with a $300 million revolving securitization of residential transition loans amid record origination volume

Retrieved on: 
Tuesday, January 23, 2024

SAN FRANCISCO, Jan. 23, 2024 /PRNewswire/ -- Kiavi, a leading provider of capital to residential real estate investors, today announced it funded a record $4 billion in fix-and-flip loans in 2023 and closed an approximately $300 million unrated securitization of residential transition loans ("RTLs"). This is Kiavi's 15th transaction under its LHOME shelf, bringing the company's total issuance to more than $3.5 billion in offered notes since it began its securitization program in 2019.

Key Points: 
  • SAN FRANCISCO, Jan. 23, 2024 /PRNewswire/ -- Kiavi , a leading provider of capital to residential real estate investors, today announced it funded a record $4 billion in fix-and-flip loans in 2023 and closed an approximately $300 million unrated securitization of residential transition loans ("RTLs").
  • Kiavi harnessed the power of data and technology to fund a record $4 billion in fix-and-flip/bridge loans in 2023.
  • The deal includes a two-year revolving period, during which principal payoffs can be reinvested to purchase additional newly originated loans.
  • Despite the challenging market and flipped home transactions being down about 30% year-over-year (per John Burns Research & Consulting), 2023 was a banner year for Kiavi.

Kiavi Appoints Real Estate Investment & Finance Veteran Samuel Harrity as SVP, Capital Markets

Retrieved on: 
Friday, December 1, 2023

SAN FRANCISCO, Dec. 1, 2023 /PRNewswire/ -- Kiavi, a leading provider of financing to real estate investors, today announced the appointment of Samuel Harrity as SVP, Capital Markets. In this role, Harrity will drive Kiavi's capital markets strategy and program execution, including overseeing Kiavi's loan sales to a wide variety of institutional investors, managing its securitization programs, and driving the company's relationships with capital partners.

Key Points: 
  • SAN FRANCISCO, Dec. 1, 2023 /PRNewswire/ -- Kiavi , a leading provider of financing to real estate investors, today announced the appointment of Samuel Harrity as SVP, Capital Markets.
  • "We're thrilled to welcome Sam, a true authority in capital markets and residential real estate investing, to Kiavi."
  • "We're thrilled to welcome Sam, a true authority in both capital markets and residential real estate investing, to Kiavi," said Arvind Mohan, CEO of Kiavi.
  • Harrity brings nearly 20 years of experience in real estate finance and capital markets to his new role.

Kiavi Appoints Seasoned Finance Leader Alex Urmersbach as Chief Financial Officer

Retrieved on: 
Thursday, April 13, 2023

SAN FRANCISCO, April 13, 2023 /PRNewswire/ -- Kiavi, a leading provider of financing to real estate investors, today announced the appointment of Alex Urmersbach as Chief Financial Officer. In this role, Urmersbach will lead Kiavi's financial strategy and operations, including the company's Finance, Accounting, Capital Markets, and Business Operations functions. Urmersbach's deep experience in the lending and mortgage sectors will further bolster Kiavi's position as a reliable, trusted financing partner to real estate investors.

Key Points: 
  • SAN FRANCISCO, April 13, 2023 /PRNewswire/ -- Kiavi , a leading provider of financing to real estate investors, today announced the appointment of Alex Urmersbach as Chief Financial Officer.
  • In this role, Urmersbach will lead Kiavi's financial strategy and operations, including the company's Finance, Accounting, Capital Markets, and Business Operations functions.
  • Urmersbach brings more than 20 years of experience in financial management, driving growth, and operating scale to his new role.
  • Prior to joining Kiavi, he held Chief Financial Officer positions at private lender Athas Capital Group, global business process outsourcer Teleperformance, and mortgage lender Panorama Mortgage Group.

Kiavi Recognized as a Top Innovative Technology Company by HousingWire

Retrieved on: 
Friday, March 3, 2023

SAN FRANCISCO, March 3, 2023 /PRNewswire/ -- Kiavi, a leading provider of financing to real estate investors, was selected as a HousingWire Tech100 Real Estate winner for the sixth consecutive year. Kiavi is the only non-QM financing partner to real estate investors to be named a 2023 award winner, which recognizes the most innovative technology companies in the housing industry.

Key Points: 
  • Kiavi is the only non-QM financing partner to real estate investors to be named a 2023 award winner, which recognizes the most innovative technology companies in the housing industry.
  • "I am delighted to see Kiavi once again recognized by HousingWire for the ways in which our innovative technology platform helps meet the complex and unique needs of real estate investors," said Arvind Mohan, Chief Executive Officer, Kiavi.
  • Kiavi's technology platform provides real estate investors with a simpler, faster, and more reliable way to access the capital they need to scale their businesses.
  • For more than a decade, the HW Tech100 program has identified and recognized the most innovative technology companies serving the real estate industry.

Kiavi Appoints Arvind Mohan as Chief Executive Officer

Retrieved on: 
Wednesday, February 15, 2023

SAN FRANCISCO, Feb. 14, 2023 /PRNewswire/ -- Kiavi, one of the nation's largest lenders to real estate investors, today announced that the company's Board of Directors has appointed Arvind Mohan as Chief Executive Officer. Mohan will assume day-to-day leadership of the company and will also join Kiavi's Board of Directors. Mohan, a financial markets veteran, has served as Kiavi's Chief Operating Officer since 2020 and has held various other leadership positions since he joined the company in June 2016. Michael Bourque has stepped down from his role as Chief Executive Officer. This will help the company drive continued growth despite challenging market conditions, and accelerate the company's position in the real estate investment market. 

Key Points: 
  • SAN FRANCISCO, Feb. 14, 2023 /PRNewswire/ -- Kiavi , one of the nation's largest lenders to real estate investors, today announced that the company's Board of Directors has appointed Arvind Mohan as Chief Executive Officer.
  • Mohan, a financial markets veteran, has served as Kiavi's Chief Operating Officer since 2020 and has held various other leadership positions since he joined the company in June 2016.
  • Michael Bourque has stepped down from his role as Chief Executive Officer.
  • Prior to Kiavi, Mohan spent 10+ years in the fixed income division at Barclays overseeing teams in the securitized products group.

Kiavi Funds Over 50,000 Bridge and Fix-and-Flip Loans to Real Estate Investors

Retrieved on: 
Monday, November 28, 2022

SAN FRANCISCO, Nov. 28, 2022 /PRNewswire/ -- Kiavi,a leading provider of financing to real estate investors (REIs), today announced it surpassed 50,000 funded bridge and fix-and-flip loans since its inception in 2013. Citing property data powered by ATTOM, Kiavi is the first and only non-QM lender to real estate investors to achieve this milestone.

Key Points: 
  • Tech-enabled lender is the first and only non-QM financing partner to U.S. real estate investors to achieve this milestone
    SAN FRANCISCO, Nov. 28, 2022 /PRNewswire/ -- Kiavi ,a leading provider of financing to real estate investors (REIs), today announced it surpassed 50,000 funded bridge and fix-and-flip loans since its inception in 2013.
  • Citing property data powered by ATTOM, Kiavi is the first and only non-QM lender to real estate investors to achieve this milestone.
  • Over the past nine years, Kiavi has helped investors unlock more than $4.1 billion in real estate value by funding more than $12.3 billion in fix-and-flip loans.
  • Kiavi uses the power of data and technology to bring lending for real estate investors into the digital age.

Kiavi Announces the Appointment of Four New Members to Its Board of Directors

Retrieved on: 
Tuesday, January 11, 2022

The newly added board members bring a unique skill set and broad leadership experience in segments essential to Kiavis business and critical to helping the company scale.

Key Points: 
  • The newly added board members bring a unique skill set and broad leadership experience in segments essential to Kiavis business and critical to helping the company scale.
  • We are very excited about the caliber of these board appointments, said Kiavi CEO Michael Bourque.
  • I am thrilled to join the Kiavi board and play a role in helping the company further its mission, said Grannis.
  • Im excited to join the Kiavi board as we work together to solve the unmet needs of real estate investors.

Kiavi Names Vinay Goel as Senior Vice President Products

Retrieved on: 
Monday, November 29, 2021

Kiavi , one of the nations largest lenders to real estate investors (REIs) and formerly known as LendingHome, today announced that Vinay Goel has joined the company as senior vice president, products.

Key Points: 
  • Kiavi , one of the nations largest lenders to real estate investors (REIs) and formerly known as LendingHome, today announced that Vinay Goel has joined the company as senior vice president, products.
  • Goel comes to Kiavi with extensive leadership experience in product management for technology companies.
  • Prior to that, Goel held various leadership roles at Google Inc., including leading all developer and imagery products for Google Maps.
  • On behalf of the entire Kiavi team, I am excited to welcome Vinay to Kiavi, said Michael Bourque, Kiavi CEO.