KSEYE, the UK-based bridging lender, has announced its foray into the US commercial real estate market with the introduction of KSEYE US.
This strategic move comes as the company aims to capitalise on the current high demand for refinancing in the US and follows its growth commitment.
The launch has been bolstered by the financial backing of two US family offices, each pledging $50 million to fund the new venture and future loans.
Additionally, Wayne Potters has been appointed as managing director and head of US operations to spearhead the expansion.
Established in 2012, KSEYE has financed over £700m and expanded its team to nearly 40. The firm plans to adapt its proprietary lending technology to the US market.
Nikes Khagram, director at KSEYE, remarked on the expansion: “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.”
