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 Enhances Construction Financing with New Executive Appointments
Pittsburgh-based lender Kiavi has made significant strides in its construction financing division by appointing two seasoned professionals, Tom Hallock and Robert Jayne, to lead key operations. These appointments aim to accelerate growth and enhance the company’s offerings in the construction lending market.
Leadership Changes to Boost Construction Lending
Tom Hallock has been appointed as the head of construction lending. He brings with him decades of experience in construction financing and real estate investment lending, previously serving as chief lending officer at DPL Capital and Genesis Capital. Hallock also held the position of head of loan products at PeerStreet. In this new role, he will oversee Kiavi’s construction lending vertical, focusing on product ownership, team oversight, and strategic growth initiatives.
Joining him is Robert Jayne, who will serve as the head of originations for construction lending. Jayne has accumulated over 20 years of experience in construction finance, most recently with Archwest Capital as the head of national business development. His past roles include chief construction officer for Genesis Capital and founding a firm in Los Angeles that specialized in unique and historic renovation projects. At Kiavi, Jayne will concentrate on expanding growth initiatives for the construction lending segment.
Strategic Vision for the Future
Kiavi’s CEO, Arvind Mohan, expressed excitement over the addition of Hallock and Jayne, viewing their extensive expertise in construction financing and leadership as integral to advancing the company’s ground-up construction product. The leadership changes aim to position Kiavi more favorably in the competitive construction lending landscape.
To enhance its offerings, Kiavi plans to leverage its advanced technology platform, utilizing AI and machine learning models, alongside data advantages. This technological approach aims to provide better services to real estate investors and developers, streamlining the lending process.
Targeted Solutions for Real Estate Developers
Kiavi’s construction lending product is designed to be competitively priced, transparent, and reliable, specifically targeting real estate developers. This innovative product will help clients rebuild outdated homes or construct new houses on vacant lots by employing automated processes and simplified documentation. Such solutions are critical for enabling clients to make smarter investment decisions based on data concerning after-repair values and potential investment returns.
Record Growth and Ongoing Expansion
Kiavi has shown impressive growth, reporting a record $3.9 billion in originations during the first half of 2025, which marks a 30% increase year-over-year. The company also claims to be the first private lender to fund over 100,000 loans to real estate investors, underscoring its significant presence in the market.
Earlier this year, Kiavi also expanded into 13 additional states, bringing its operational footprint to a total of 45 states and the District of Columbia. This expansion reflects a strategic move to tap into new markets and cater to a broader range of clients in the construction financing sector.
Since the beginning of 2024, Kiavi has successfully closed multiple securitizations of residential transition loans (RTLs), further solidifying its position as a formidable player in the construction financing landscape.
With Hallock and Jayne at the helm of its construction lending operations, Kiavi is poised to enhance its product offerings and drive growth in the construction finance sector, ultimately benefiting both investors and developers alike.
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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
