Lianjia Licai attracted $725mn of investment transactions in its 30,000, and its turnover is expected to reach $6.4bn this year. Lianjia Licai operates in a niche part of the market, providing short term bridging loans to property sellers who are required to repay outstanding mortgages ahead of completing the sale transaction. The firm is backed by Homelink Real Estate, the nations largest pre-owned home broker which lent money to sellers from its own fund before launching the platform.
Lianjia Licai attracted $725mn of investment transactions in its 2Q, and its turnover is expected to reach $6.4bn this year. Lianjia Licai operates in a niche part of the market, providing short term bridging loans to property sellers who are required to repay outstanding mortgages ahead of completing the sale transaction. The firm is backed by Homelink Real Estate, the nations largest pre-owned home broker which lent money to sellers from its own fund before launching the platform.