Kiavi's team driving innovation in construction financing.
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, a lender based in Pittsburgh, has announced the significant expansion of its construction financing team with the hiring of two key executives, Tom Hallock and Robert Jayne. These appointments are a strategic move aimed at bolstering the company’s growth and enhancing its capabilities in the construction lending sector.
Tom Hallock is set to take the helm as the head of construction lending. He comes to Kiavi with an impressive background that spans decades in the realms of construction financing and real estate investment lending. Hallock previously held the position of chief lending officer at DPL Capital and Genesis Capital, and was also in charge of loan products at PeerStreet. In his new role at Kiavi, he will oversee all facets of the construction lending vertical, responsible for product ownership, team oversight, and implementation of growth strategies.
Joining him is Robert Jayne, who will serve as the head of originations for construction lending. With over 20 years of experience in the construction finance industry, Jayne’s most recent role was as the head of national business development at Archwest Capital. His previous experience also includes serving as chief construction officer for Genesis Capital, alongside founding a firm based in Los Angeles that specializes in unique and historic renovation projects. At Kiavi, Jayne will focus on driving growth initiatives within the construction lending segment.
The additions of Hallock and Jayne are seen as pivotal in Kiavi’s ambition to elevate its ground-up construction product. The company’s CEO has indicated that their profound expertise in construction financing and leadership capabilities align perfectly with Kiavi’s growth strategy. Kiavi plans to leverage its advanced technology platform, including its AI/ML models and data advantages, to provide top-notch services to real estate investors and developers.
Kiavi’s construction lending product is specially designed to offer competitively priced, transparent, and reliable capital to real estate developers. The financing options are crafted to assist clients in rebuilding outdated homes or constructing new houses on vacant lots. By employing automated processes and simplified documentation, Kiavi aims to make the lending experience seamless for its clients.
The company also prides itself on helping clients make informed investment decisions using crucial data regarding after-repair values and anticipated investment returns. As the real estate market continues to evolve, Kiavi’s focus on providing dependable financing solutions positions it well to meet the needs of developers and investors.
In the first half of 2025, Kiavi reported a record $3.9 billion in originations, marking an impressive 30% increase year-over-year. This growth reinforces Kiavi’s status as a significant player in the construction lending market, where it claims to be the first private lender to fund 100,000 loans to real estate investors.
Earlier this year, Kiavi announced its intention to expand into an additional 13 states, thereby increasing its operational territories to 45 states and the District of Columbia. This strategic expansion reflects Kiavi’s commitment to broadening its reach and accessibility for clients in various markets.
Furthermore, since the beginning of 2024, Kiavi has successfully closed multiple securitizations of residential transition loans (RTLs), further solidifying its position in the construction lending landscape.
With experienced professionals like Hallock and Jayne joining the team, Kiavi is poised to enhance its construction financing offerings and drive significant growth. This evolution in leadership is expected to empower the company to better serve its clients and leverage advanced technologies, making strides in the competitive landscape of construction lending.
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