KDM’s common-sense approach gives us the ability to provide our mortgage broker network and borrowers with an easy-to-use platform and a borrower-friendly program. Our goal is to keep the approval process as simple as possible: from the initial screening to approval and all the way to closing.
KDM provides flexible institutional capital to experienced borrowers, typically on a non-recourse basis. With our sharply focused attention to customer service and over 25 years of commercial real estate experience, we are establishing a new bar of excellence.
KDM is a vertically integrated originator, lender, servicer, underwriter, and securitizer of commercial real estate debt. Our vertical integration allows us to be a nimble and efficient lending partner to our borrowers while delivering excess returns to our investors. Our unique positioning has allowed us to unmoor ourselves from traditional lending boxes and venture into alternative asset types and custom structures all while maintaining an average 58% LTV and underwriting to a typical 1.40 DSCR. Our innovative strategies are grounded in common-sense, keen analytics, and over three decades of experience.
KDM identified the Middle-MoneyTM market as an under-served population of high-quality properties with few lenders competing in a fractured marketplace. This market has exploded for us, delivering stable cash flow, excess risk-adjusted returns, and not a single dollar of loss to investors to date. KDM’s products include our Mortgage Secured Notes (MSNs), loan participations, direct investments, and bespoke programs for our investors.
KDM lends on a variety of commercial real estate properties for 3-10 year terms. We have direct access to the capital markets, distinguishing ourselves from many of our peers, and allowing us to create customized loans for our borrowers. Our core thesis and bottom-up approach take us beyond the basic asset classes and vanilla structures, allowing us to bring excess risk-adjusted returns to our investors.