The Kiavi Group, one of the leading providers of financing to real estate investors (REIs), has announced today that it has reached the milestone of funding $10 billion in loans to its REI customers since its founding in the year 2013.. As of March 31st, 2022, Kiavi has helped REIs unlock over $4 billion in real estate value and funded over 46,000 projects.. With over 29 states and the District of Columbia covered, Kiavi supports real estate investors in their efforts to renovate and deliver move-in ready homes to families across the country
With over 29 states and the District of Columbia covered, Kiavi supports real estate investors in their efforts to renovate and deliver move-in ready homes to families across the country
The Kiavi CEO, Michael Bourque, said, "We are thrilled to be able to reach these important milestones, which we can only achieve thanks to the support of our REI customers, with whom we partner to modernize aging homes, make them move-in ready for millions of families, and assist them in improving their lives through real estate.". "The United States". As a result, there are more than 4 million housing units short of what is needed by buyers, and our customers are doing a tremendous job of revitalizing America's aging housing stock. While we still have a long way to go, we are confident that with our technology and expertise, we will be able to further assist our customers in creating an impact and unlocking the full potential of their real estate investments.
While we still have a long way to go, we are confident that with our technology and expertise, we will be able to further assist our customers in creating an impact and unlocking the full potential of their real estate investments.
Throughout the growth of Horus Homes, we have found Kiavi to be an excellent partner to help us scale our business and transform local communities. It's not surprising to see Kiavi reach such milestones in such a short time frame. In my view, Horus Homes' technology platform and access to capital makes it easy and efficient for REIs to scale up and gain competitive advantage in the marketplace when they make offers on properties," said Lukas Vanagaitis, co-founder & CEO.  
According to a recent survey of REIs, a third of respondents said they use technology to assist in finding and financing properties. Kiavi's technology helps improve the efficiency, transparency, and reliability of the lending process. By using Kiavi's data, customers will be able to determine a home's after-repair value more accurately, increasing the chances of them exiting their property successfully.
As a result of its recent recognition on Inc. magazine's 2022 Best Workplaces list, Kiavi also received for the fifth consecutive year the HousingWire Tech100 Real Estate Award, which recognizes the most innovative technology companies in the housing industry.
In order to bring lending to the digital age, Kiavi uses the power of data and technology to bring the power of data to real estate investors. As a result of Kiavi's digital platform, real estate investors are able to make smarter decisions, access capital more quickly, and scale their businesses faster than ever before. After it was founded in 2013, Kiavi, previously known as LendingHome, has grown to become one of the largest lenders to real estate investors in the United States today.. There are approximately $25 trillion worth of aged U.S. assets that the company is committed to helping customers revitalize. As a result, millions of Americans1 across the country will have access to move-in ready homes and rental housing. Visit the website for more information about the program.I am Kiavi.You can follow us on Twitter by going to www.twitter.com. The NMLS ID for this listing is #1125207
The NMLS ID for this listing is #1125207
In this survey, aged housing stock is defined as homes that are over 30 years old from the original construction date. U.S. Census Bureau, American Housing Survey, 2019.
The source of this information is Kiavi Inc.
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