Yoohoo! Kiavi’s Pocket Just Got Heavier with $350 Million!

I. Kiavi Scored Big… No, Extra Large

• Kiavi marks another step in their financial journey with a whopping $350 million securitization, their 16th to date. This funding does not just scream ‘money,’ it sings an entire Broadway musical about it.

II. Record-Breaking Party

• With this move, Kiavi is not only making bucks but also breaking records. This deal is their biggest score since November 2021. The champagne must be popping over at Kiavi headquarters!

III. A $4 Billion Baby

• And, let’s just not mug the biggest news with our eyebrows raised to our hairlines. This transaction brings Kiavi’s total issuance since 2019 to a mind-boggling $4 billion. That’s billion with a ‘B,’ like in ‘buying more properties.’

Hot Take

Kudos to Kiavi, who’ve once again proven that they can play the real estate game not just well, but spectacularly. Ladies and gentlemen, we’re not dealing with a normal player here – this is the Ivan Drago of the real estate market. This securitization deal isn’t just a victory, it’s a parade with confetti, marching bands, and possibly a collaborative performance between Beyoncé and Jay-Z.

The lightning-paced race of real estate was already leaving spectators (and other businesses) gasping for breath and now, here comes Kiavi, smashing records and setting new ones all while barely breaking a sweat. The word ‘impressive’ seems like an understatement here. It’s like calling the Titanic a ‘nice little boat.’

They have more than just money in their pockets, they’ve got verve, nerve, and an applause-worthy knack for big moves. With their total issuance amounting to $4 billion since 2019, they’ve not just upped the ante, they’ve salsa danced on the playing table. Here’s to watching their future steps – no pressure, Kiavi, but we are expecting cartwheels and backflips next!

Original article: https://www.inman.com/2024/02/26/institutional-investors-are-scooping-up-kiavis-fix-and-flip-bridge-loans/