Kiavi tops $10 billion financing in loans to real estate investors

This milestone marks strong growth and momentum

SAN FRANCISCO, May 18, 2022 /PRNewswire/ — Kiavia leading provider of real estate investor (REI) financing, today announced that it has surpassed financing $10 billion loans to its REI customers since its inception in 2013. Kiavi has helped REIs unlock more than $4 billion in land value and financed more than 46,000 projects (as of 03/31/2022). Kiavi operates in 29 states and the District of Colombia supporting real estate investors as they renovate and deliver move-in-ready homes to families across the country.

“We are thrilled to reach these major milestones, which were only possible with the support of our REI customers who we partner with to modernize aging homes, make them move-in ready for millions of families and help people to live better through real estate.” mentioned Michael Bourque, CEO of Kiavi. “The United States is over 4 million homes running out of buyer demand and our customers are doing an amazing job of revitalizing older American homes. We still have a long way to go, but we are confident that with our technology and expertise, we will further help our clients create impact and unlock the full potential of their real estate investments.”

“Kiavi has been a great partner for Horus Homes as we grow our business and continue to transform local communities. We are not surprised to see Kiavi achieve these milestones in such a short time. Their technology platform and quick access to capital make it easier and more efficient for REIs to scale and gain a competitive advantage in a market when bidding on properties.” mentioned Lucas Vanagaitisco-founder and CEO, Horus Homes.

According to a recent survey Among REIs, a third of respondents said they use technology to help find and finance properties. Kiavi’s technology helps make the lending process efficient, transparent and reliable. With Kiavi’s data, customers can get a more accurate prediction of a home’s post-repair value, increasing their chances of success.

Kiavi was recently recognized on Inc. Magazine’s 2022 Best Workplaces List and won for the fifth consecutive year the HousingWire Tech100 Real Estate Award 2022 recognize the most innovative technology companies in the housing economy.

About Kiavi
Kiavi is using the power of data and technology to bring real estate investor lending into the digital age. Through Kiavi’s digital platform, real estate investors are able to make smarter decisions, access financing faster and scale their business. Founded in 2013, Kiavi, formerly known as LendingHome, has become one of the largest lenders to real estate investors in United States. The company is committed to helping its customers revitalize approximately 25 trillion dollars of aging housing stock in the United States and provide move-in ready homes and rental accommodations to millions of Americans1 Across the country. For more information, visit www.kiavi.comand follow us on Twitter. NMLS ID #1125207

1 We define older housing stock as homes that are more than 30 years old from the date of original construction. US Census Bureau, US Housing Survey, 2019

SOURCE Kiavi inc.