KSEYE launches in the US market with KSEYE US

By Bridging Loan Directory 3rd April 2024

Bridging lender, KSEYE, has announced its expansion into the US market with the launch of KSEYE US.

The property finance specialist, which was established in 2012, will enter the US commercial real estate market as part of its commitment to growth, at a time when a record level of refinancing presents an opportunity for KSEYE to help clients in the US.

The launch has been made possible following the financial commitment of two US-based family offices and the hiring of Wayne Potters as Managing Director and Head of US Operations.

The family offices have each allocated $50 million to seed the operation and fund new loans.

With 12 years of experience, KSEYE has developed proprietary technology providing a fast and flexible approach to lending, growing from a two-man operation to a team of just under 40 and lending more than £700m in the process.

Designed with speed in mind, KSEYE US intends to adapt this technology for the US market as a priority.

Brokers who use KSEYE will still benefit from the same strong service levels, an in-house legal team still continue to identify and overcome any potential issues at the outset, alongside its diverse funding line allowing a broader risk appetite than other lenders.

This has and will continue to enable KSEYE to build strong relationships with their brokers who have often called them ‘a brokers best kept secret’.

Nikes Khagram, Director at KSEYE, commented:

“This is a historic moment for KSEYE and the US commercial real estate industry.

We are thrilled to bring our innovative and customer-centric approach to the US market, and with the combination of our US-based investors, Wayne’s experience, and our bespoke software offering, we have the resources and expertise needed to fill a void in the US CRE lending market.”