UK bridging lender launches in the US market

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Nikes Khagram

Bridging lender, KSEYE, has announced its move into the US market with the launch of KSEYE 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 grown from a two-man operation to a team of just under 40 and lending more than £700m in the process.

Nikes Khagram, (pictured), director at KSEYE, said: “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.”