Welcome to Archwest’s Latest Securitization Announcement
Archwest, under the leadership of CEO Shawn Miller, has announced the successful issuance of a securitization that will further enhance their ability to provide certainty and scale for real estate investors. With a focus on speed, reliability, and consistency, Archwest aims to deliver exceptional service across market cycles.
The securitization includes notes in four classes (A1, A2, M1, M2) that were rated by Morningstar DBRS. The collateral pool consists of 318 loans totaling approximately $274 million in unpaid principal balance along with $41 million in cash reserves.
Structured with a two-year revolving period, the securitization allows for reinvestment of principal payoffs into new loans. Key credit protections such as subordination, overcollateralization, and excess spread are in place to safeguard investor interests.
Joint bookrunners for the transaction were Goldman Sachs and Barclays, with Resolute providing due diligence services and FCI Lender Services Inc. serving as the servicer.
Having surpassed $1 billion in cumulative originations, Archwest is on track to exceed $2 billion by the end of 2025. The company has originated over $1.5 billion across 44 states since its establishment, with Bain Capital acquiring a majority stake in 2024.
Chief Financial Officer Kieran Brady expressed pride in closing the inaugural rated securitization, highlighting the significance of deepening capital and attracting a diverse investor base to support the housing industry.
Archwest’s securitization adds to a series of similar RTL deals reported by HousingWire. Recent transactions include Rithm Capital’s partnership with a major institutional investor and Fidelis Investors’ successful rated securitization of RTLs.
Leading private lender Kiavi remains active in RTL securitizations, having offered over $5.8 billion in notes since 2019.