Churchill Real Estate

What Churchill Real Estate does

Churchill Real Estate is a privately-held, vertically integrated real estate investment and lending firm founded in 2014 in New York by Justin Ehrlich and Sorabh Maheshwari. The company operates two core business platforms: a Lender Finance platform providing senior secured lending facilities to residential mortgage originators and aggregators (over 80 facilities with more than $11.8 billion outstanding as of December 2025), and a Residential Transition Loan (RTL) origination business focused on short-term bridge, fix-and-flip, ground-up construction, and long-term DSCR investor-purpose rental loans (more than $11.9 billion originated since 2019). Churchill manages approximately $16.2 billion in assets under advisory for a global institutional investor base as of December 31, 2025.

The firm differentiates itself through a proprietary asset management technology platform called Canopi, which comprises integrated sub-products including Spyglass (analytics), Repo Pilot (credit facility management), Loan Maven (loan onboarding), Streamline (borrower/lender interface), Data Visualizations (reporting), Data Gator (ETL), File Sockets (document repository), Data Czar (data quality control), and Command Control (administrative access). This technology stack underpins the full loan lifecycle from origination through asset management.

Churchill's business model combines recurring interest income from Lender Finance facilities with transaction-based origination and aggregation revenue from RTL/DSCR loans, distributed via direct B2B origination channels and third-party correspondent originator relationships. The firm serves three customer segments: residential mortgage originators (primary), real estate developers and investors (primary), and homebuilders/land developers (secondary). Operations are conducted from offices in New York (headquarters), Charlotte, and Tokyo, with the Japanese subsidiary (Churchill Finance Japan K.K., established November 27, 2020) operating as a registered investment management firm under Japan's Kanto Local Finance Bureau. The firm is founder-led, with no disclosed external private equity, venture, or strategic ownership.

Name

Churchill Real Estate

Legal name

Churchill Finance LLC

Website

https://churchill-realestate.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Short description

Churchill Real Estate is a vertically integrated real estate lending firm operating two core platforms — senior secured Lender Finance facilities for residential mortgage originators and RTL/DSCR loan origination for developers and investors — managing approximately $16.2 billion in assets under advisory via its proprietary Canopi technology stack for a global institutional investor base.

Ownership category

akta.pro rank

Product category

Residential Real Estate Lending

NAICS

Real Estate Credit (522292)

SIC

Mortgage Bankers & Loan Correspondents (6162), Short-Term Business Credit Institutions (6153)

akta.pro primary industry

Private Credit — Real Estate Debt (Bridge, Mezz, CMBS-like) (FSAHAJAI)

akta.pro secondary industries

CRE Bridge & Transitional Lending (FSALADAC), Hard Money & Private Mortgage Lending Intermediation (FSAEAEAH)

Keywords

• Residential mortgage lending
• Lender finance solutions
• Residential transition loans
• Senior secured credit facilities
• Real estate asset management

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Lender Finance Interest Income: Interest income from senior secured lending facilities provided to originators and owners of residential mortgages. The Lender Finance platform has over 80 facilities with more than $11.8 billion outstanding as of December 2025.
2. RTL and DSCR Loan Origination: Origination and aggregation revenue from Residential Transition Loans (RTL) and DSCR loans. Since 2019, Churchill's RTL business has originated more than $11.9 billion of RTL and DSCR loans as of December 2025.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Churchill Real Estate provides senior secured lending facilities to originators and owners of residential mortgages through its Lender Finance platform, and originates short-term bridge residential transition loans (RTL) and long-term investor purpose rental loans (DSCR) through direct and third-party origination channels. The firm manages approximately $16.2 billion in assets under advisory as of December 31, 2025, for a global institutional investor base, supported by its proprietary Canopi technology platform that handles the full loan lifecycle from origination through asset management.

Product overview

Churchill Real Estate operates as a proprietary technology-enabled lending platform combining its Canop[i] technology suite with lending services for the U.S. residential real estate sector. The platform consists of Lender Finance (senior secured lending to residential mortgage originators and owners) and Residential Transition Loan (RTL) origination business for short-term bridge and long-term investor purpose rental loans. The Canop[i] technology ecosystem includes multiple integrated tools: Spyglass (analytics), Repo Pilot (credit facility management), Loan Maven (loan onboarding), Streamline (borrower/lender interface), Data Visualizations (reporting), Data Gator (ETL), File Sockets (document repository), Data Czar (data quality control), and Command Control (administrative access). The company manages approximately $16.2 billion in assets under advisory as of December 31, 2025.

Differentiator

Problem solved

Functional benefit

Brands

• Canopi: Proprietary technology platform that provides data-driven portfolio insights and analytics, system quality control, file management, and administrative access for loan lifecycle management.
• Repo Pilot
• Loan Maven
• Streamline

Products and services

• Lender Finance Senior secured lending platform that provides debt solutions to originators and owners of residential mortgages, covering investor-purpose single family, condominium, multifamily, townhome, and build-to-rent property loans. As of December 2025, the platform has over 80 facilities with more than $11.8 billion outstanding.
• Residential Transition Loan (RTL) Business purpose loan origination and aggregation platform providing short-term bridge residential transitional loans for fix-and-flip projects and ground-up construction, plus long-term investor-purpose rental loans (DSCR). Distributed via direct origination and third-party correspondent channels to developers and rental property investors across the United States. RTL is a registered trademark of Churchill Real Estate.
• Canopi (canop[i]) Asset Management Platform Churchill's proprietary asset management technology platform that streamlines the entire lifecycle of a loan for borrowers, from origination to asset management, providing data-driven portfolio insights, system quality control, file management, and administrative access for investors, partners, clients, and employees.

Quantifiable outcome

• Over 80 Lender Finance facilities with more than $11.8 billion outstanding as of December 2025
• +2 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature10 records

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Kiavi (formerly LendingHome): Kiavi is one of the largest direct residential transition lenders in the U.S., originating bridge and DSCR loans to real estate investors — directly comparable to Churchill's RTL/DSCR business.
• Anchor Loans: Anchor Loans is a major U.S. residential bridge lender focused on fix-and-flip and new construction investors; one of the closest scale comparables to Churchill's Residential Transition Loan business.
• Roc Capital (formerly RCN Capital): Roc Capital is a direct private lender to residential real estate investors offering bridge, DSCR and construction loans — directly overlapping Churchill's RTL/DSCR product set.

Broad incumbents

• Pretium Partners: Pretium is a large institutional real estate asset manager with significant exposure to single-family rental and residential transition lending, anchoring the broader residential credit market in which Churchill operates.
• Arbor Realty Trust: Arbor Realty is a publicly traded specialty finance REIT focused on agency and non-agency residential and multifamily mortgage servicing and lending; comparable in product category though more servicing-heavy.
• Ares Real Estate Group: Ares is a major alternative asset manager with a sizable real estate debt business that competes for institutional capital mandates with Churchill's lender finance and whole-loan strategies.
• HPS Investment Partners: HPS is a large private credit manager with a real estate debt vertical competing for institutional Lender Finance-type mandates that Churchill also serves.

Emerging players

• Angel Oak Capital Advisors: Angel Oak is a non-bank lender active in non-QM residential mortgages and bridge lending; smaller and more focused than Churchill but competes for some of the same investor/developer borrower base.
• NewSilver / Bungalow Capital: NewSilver is a tech-enabled private lender originating business-purpose residential bridge loans with strong originator relationships — a comparable emerging competitor in the RTL/DSCR niche.
• Verus Mortgage Capital: Verus is a non-QM and investor-purpose residential mortgage investor and aggregator; comparable to Churchill's whole-loan aggregation and RTL/DSCR programs.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/churchill-re

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Churchill Real Estate