The
deal
includes
a
two-year
revolving
period
that
allows
principal
payoffs
to
be
reinvested
into
newly
originated
loans.
Kiavi
said
that
the
feature
is
expected
to
create
about
$1.2
billion
in
additional
funding
capacity.

“Another
successful
rated
securitization
met
with
this
level
of
demand
reinforces
the
confidence
the
market
continues
to
place
in
Kiavi’s
unique
AI-powered
platform,”

Arvind
Mohan,
CEO
of
Kiavi,
said
in
a
statement.

“This
transaction
unlocks
over
$1
billion
in
new
liquidity.
By
seamlessly
connecting
capital
markets
with
our
infrastructure,
we
continue
to
deliver
the
reliable
capital,
speed,
and
transparency
that
investors
and

builders
rely
on
to
create
move-in
ready
homes
nationwide
—
all
while
generating
attractive,
risk-adjusted
returns
for
our
capital
partners,”
he
concluded.

Morningstar
DBRS
provided
a
credit
rating
on
the
deal.

Nomura
Securities
International
Inc.
served
as
the
sole
structuring
agent.

Nomura,

Barclays
Capital
Inc.,

Deutsche
Bank
Securities
Inc.
and

Performance
Trust
Capital
Partners
LLC
acted
as
joint
bookrunners
and
co-lead
managers.

Kiavi
said
recent
product
enhancements
to
its
AI-powered
platform
include
an
after-repair
value
and
cash-to-close
estimator
to
help
investors
assess
potential
returns;
an
automated
document
review
that
extracts
and
validates
borrower
data;
an
AI-driven
instant
scope-of-work
upload
tool;
expanded
mobile
draw
capabilities
that
allow
investors
to
upload
project
photos
through
a
mobile
app;
and
a
new

construction
financing
platform
with
technology-enabled
underwriting
for
ground-up
construction
and
redevelopment
projects.

In
2025,
Kiavi
reportedly
originated
$7.8
billion
in
loan
volume,
up
20%
from
the
prior
year.
The
company
also
said
it
closed
$1
billion
in
rated
securitizations
under
the
LHOME
shelf
in
2025,
expanded
into
17
additional
states
and
became
the
first
nonbank
lender
to
fund
more
than
100,000
loans
to

real
estate
investors.

The
company
closed
a

securitization
of
$300
million
in
February
2025.
At
the
end
of
last
year,
it

expanded
into
Mississippi,
New
Mexico,
Rhode
Island
and
Vermont,
ending
the
year
with
operations
in
49
states.