Hailing from the Dhir family, Amit and Vikas, a successful healthcare tech entrepreneurs, sold their venture in 2018. Since then, they began investinf in the RTL space, directing investments through brokers. On the other side, Shaurya, a proud University of Pennsylvania alumnus, carved a niche with his B-to-C technology venture, Teleparty, which boasts of over 20 million users. With the Jain family's legacy in the medical field and their adeptness in first trust deed investments since 2012, Shaurya represented a lineage of excellence and foresight.
Collectively, the families have seen over $300 million in first trust deed transactions on their balancesheet. Identifying gaps in technology and operations within the RTL domain, the Dhir and Jain families merged their visions. The outcome? Cityscape Finance, birthed in May 2022.
Cityscape Finance manages the American Private Lending Fund I, an open-ended private lending initiative backed by first trust deeds on real estate. Our very first hire, Lisa Pyne, is an industry veteran with two decades of expertise in real estate lending. As the former chief underwriter at RCN Capital, she has overseen loans amounting to over $3 billion annually.
At Cityscape, our goal is clear: to evolve into a leading origination hub, harnessing efficient technology paired with smart capital and returning secured consistent returns to our investors. The future looks promising, and our story has just begun.