Kiavi, a powerhouse in the private lending sector, recently made waves with its latest $300 million securitization deal for residential transition loans (RTLs). These loans, predominantly used by real estate investors for fix-and-flip endeavors, have become a hot commodity in the financial market.
Institutional investors clamored to get a piece of the action, drawn by the two-year revolving period that allows for reinvestment of principal payoffs into fresh loans. With Barclays Capital taking the reins in structuring the deal, and Nomura Securities International and Performance Trust Capital Partners playing key roles, Kiavi solidified its position as a force to be reckoned with in the industry.
Arvind Mohan, the CEO of Kiavi, highlighted the company’s innovative data models, technology platform, and strong performance history as the driving forces behind the continued institutional demand for Kiavi’s RTL assets. This successful securitization comes on the heels of a previous $350 million deal in March and showcases Kiavi’s rapid growth trajectory.
As Kiavi forges ahead with its ambitious expansion into construction financing and reports a significant uptick in loan origination, it’s clear that the company is not only meeting but exceeding market expectations. The seamless blend of innovation and reliability positions Kiavi as a key player in shaping the future of residential real estate investment.
