News Summary
Kiavi has strengthened its construction financing division by hiring Tom Hallock as head of construction lending and Robert Jayne as head of originations. These executives bring extensive experience in construction finance aiming to drive growth and enhance service for real estate investors. Under their leadership, Kiavi plans to leverage advanced technology to improve lending processes and expand its reach into new markets, demonstrating a commitment to supporting the real estate investment sector. This strategic move reflects Kiavi’s ongoing success and ambition in construction financing.
Kiavi Strengthens Construction Financing Team with New Leadership
Kiavi, a leading lender based in Pittsburgh, has made significant strides in its construction financing segment through the recent hiring of two seasoned executives. Tom Hallock has joined the company as the head of construction lending, while Robert Jayne assumes the role of head of originations for construction lending. These appointments are part of Kiavi’s strategy to enhance its growth in the rapidly evolving real estate investment landscape.
New Roles for Experienced Executives
Hallock comes to Kiavi with an impressive background in construction financing and real estate investment lending. His prior experience includes high-level roles such as chief lending officer at both DPL Capital and Genesis Capital, along with a focus on loan products at PeerStreet. In his new position, Hallock will oversee all aspects of the construction lending vertical at Kiavi, focusing on product ownership, team management, and strategic growth initiatives.
Robert Jayne, with over two decades of expertise in construction finance, also brings a wealth of knowledge to Kiavi. His previous role was as head of national business development at Archwest Capital. Additionally, Jayne held the position of chief construction officer for Genesis Capital and founded a firm in Los Angeles that specialized in renovation projects. At Kiavi, Jayne’s responsibility will be to concentrate on growth initiatives within the construction lending segment.
Aiming for Elevated Growth
The CEO of Kiavi, Arvind Mohan, expressed enthusiasm about adding Hallock and Jayne to the team, highlighting their extensive experience and leadership abilities as crucial components of the company’s growth strategy. There is a collective aim to elevate the firm’s ground-up construction product, enhancing its offerings to meet the needs of real estate investors and developers.
Leveraging Technology for Better Service
Kiavi plans to utilize its advanced technology platform, incorporating artificial intelligence and machine learning models, to provide exceptional service to clients. These data-driven approaches will assist in making smarter investment decisions by utilizing valuable insights on after-repair values and anticipated investment returns.
The company’s construction lending product is tailored to offer competitively priced, transparent, and reliable capital to real estate developers. This financing is designed to assist clients in undertaking projects like rebuilding outdated houses or constructing new homes on vacant lots. Streamlined processes and simplified documentation are part of the package, making it easier for clients to navigate these complex transactions.
Significant Growth in Funding
In the first half of 2025, Kiavi reported a remarkable $3.9 billion in originations, marking a notable 30% increase compared to the prior year. This upward trend illustrates the company’s expanding influence in the construction financing market. Kiavi has also claimed the title of the first private lender to fund 100,000 loans to real estate investors, showcasing its commitment to supporting the industry.
Expansion into New Markets
To further its reach, Kiavi announced an expansion into 13 additional states, bringing its operational footprint to a total of 45 states plus the District of Columbia. This growth will allow Kiavi to tap into new markets and enhance its ability to serve clients across a broader geographic area.
Since the beginning of 2024, Kiavi has successfully closed multiple securitizations of residential transition loans, solidifying its position as a key player in the construction financing domain. With the addition of Hallock and Jayne, along with its innovative approach to lending, Kiavi is poised for continued success as it navigates an evolving marketplace.
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Additional Resources
- HousingWire: Kiavi Strengthens Construction Financing Team
- Wikipedia: Real Estate Investing
- HousingWire: Kiavi Expands into New Markets
- Google Search: Construction Financing
- HousingWire: Kiavi Reports $3.9 Billion in Originations
- Encyclopedia Britannica: Machine Learning
- HousingWire: Kiavi Appoints New Leadership
- Google News: Real Estate Financing
