Nada, a Fintech company offering debt-free access to home equity for homeowners, has announced securing a revolving credit facility of up to $25 million from Kawa Capital Management.
Kawa, an alternative asset management firm with over $3 billion in assets under management, is renowned for its expertise in structured real estate and credit markets.
The partnership aims to support Nada’s expansion efforts by scaling its home equity agreement (HEA) origination platform and further developing its Cityfunds investment program, according to the announcement.
The credit facility, which includes an initial commitment of $10 million, provides Nada with the financial flexibility required to meet the growing demand for its HEA contracts.
These agreements allow homeowners to unlock their home equity without incurring debt, offering a flexible alternative to traditional home equity loans.
With the support of Kawa, Nada can accelerate its ability to deploy HEA contracts at scale, strengthening its Cityfunds platform with institutional-grade capital, security, and financial rigor.
Nada’s Cityfunds platform provides individual investors with access to the HEA asset class, a segment traditionally reserved for institutional investors.
By leveraging Kawa’s $25 million credit facility, Nada can continue to bridge the gap for individual investors seeking diversified exposure to residential real estate markets.
Cityfunds allows fractional investments in home equity, supported by robust financial structures that ensure transparency and security.
Kawa Capital Management, founded in 2007, specializes in providing capital solutions in real estate financing, structured credit, and ground leases.
Its partnership with Nada signals a commitment to supporting innovative fintech solutions in the real estate market. The infusion of capital from Kawa allows Nada to scale its HEA origination pipeline while maintaining the operational discipline expected in large-scale investment products.
By addressing the inefficiencies of traditional home equity access, Nada is setting a new standard in the home equity investment market.
Homeowners can now access their home equity without taking on additional debt, and investors can benefit from exposure to real estate markets that were previously inaccessible to them.
The partnership with Kawa underscores Nada’s commitment to revolutionizing home equity investments by providing a streamlined, secure, and debt-free alternative to conventional financial products.
