New Silver acquires New England lender Mayflower Venture Partners
What's the deal? New SilverDealroom has a profile for this one. Try Dealroom →, a tech-enabled lending platform for US real estate investors, has acquired Mayflower Venture PartnersDealroom has a profile for this one. Try Dealroom →, a Quincy, Massachusetts-based direct lender. Terms were not disclosed.
Mayflower, founded by Hussien Skaiky, specialises in fix-and-flip and new construction loans for single-family and small multifamily properties across New England. The company built a regional reputation for fast term sheets, hands-on underwriting, and a streamlined draw process for renovation and ground-up projects.
What's the endgame? The deal deepens New Silver's presence in New England, pairing Mayflower's local relationships with its national platform, technology, and capital base. Mayflower's team will continue serving clients under the New Silver platform.
What changes for customers? Mayflower borrowers gain access to a broader suite of loan products, including DSCR rental loans, and greater capacity to fund larger, more complex deals. New Silver also points to its AI-assisted underwriting and what it calls "more competitive pricing."
"This decision was made with our clients at the forefront," said Skaiky. He said joining New Silver gives borrowers "better pricing, more capital, and access to some of the best technology in the business."
New Silver chief executive officer Kirill Bensonoff said the combined team would bring "stronger relationships, additional technology like New Silver's AI-assisted underwriting, and even more competitive pricing."
The signal: The acquisition reflects how fintech lenders are absorbing regional specialists to blend local underwriting knowledge with national scale and technology. For real estate investors, it points to a market where speed, capital depth, and automated approvals increasingly set the competition.
Read more: GlobeNewswire