Kiavi, a San Francisco-headquartered private lender to residential real estate investors, announced it has expanding into 13 states, bringing its nationwide presence to 45 states and the District of Columbia.
According to the company, it is now able to serve real estate investors in Alaska, Delaware, Hawaii, Idaho, Iowa, Louisiana, Maine, Montana, Nebraska, New Hampshire, North Dakota, South Dakota, and Wyoming.
The company added that its market expansion follows a record year of activity, with the origination of a record $6.5 billion in loan volume – a 46% year-over-year increase – and the expansion of its active customer base to more than 5,500, a 30% year-over-year increase.
“Kiavi’s expansion into these 13 additional markets provides an immediate opportunity to equip more real estate investors with the fast, reliable, and transparent capital they need to create move-in ready housing while scaling their businesses,” said Arvind Mohan, CEO of Kiavi. “Independent, local real estate investors play a critical role in combatting the nation’s housing crisis, and we couldn’t be more excited to help these entrepreneurs grow their impact on these local communities.”
