Kiavi, a tech-enabled lender focused on residential real estate investments, has closed a $400 million securitization, marking its 20th transaction under the LHOME shelf and the fifth of this year.
This transaction saw strong interest from institutional investors, including new participants, leading to an upsized and oversubscribed offering. The securitization was divided into four classes—A1, A2, M1, and M2—all of which were fully subscribed. The structure allows for a two-year revolving period, enabling principal repayments to be reinvested into new loans.
Kiavi provides financing solutions to residential real estate investors across the U.S., leveraging data and technology to offer competitive loan products. The additional capital from this transaction is expected to support the expansion of the company’s services, particularly in new construction financing and the broader product suite.
The company’s performance in 2024 has been strong, with nearly 15,000 loans originated, valued at $4.6 billion—a 44.5% increase compared to last year. This growth has been supported by new initiatives, including Kiavi’s first-rated securitization of residential transition loans (RTLs).
Kiavi CEO Arvind Mohan commented on the milestone, stating, “The closing of our 20th securitization demonstrates our strong track record, which has helped us attract a diverse range of institutional investors. We are pleased to continue supporting our clients by providing the capital they need to grow their businesses.”
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By Proptechbuzz
By Ravi Kumar
