Los Angeles-based Parkview Financial has reported a solid first half of 2022, originating $724 million in new construction and bridge loans, easily hitting its $600 million target. Additionally, the firm has had 37% investor equity growth so far in 2022.
“Given the number of economic and geopolitical concerns, we are pleased to have exceeded our expectations and anticipate breaking our firm’s all-time financing record, set last year,” said Parkview Financial’s CEO and Founder, Paul Rahimian.
Rahimian added, “Our private debt fund platform enables us to execute on unique deal structures by being creative in our analysis, as well as our ability to underwrite loans efficiently and ultimately make decisions that result in loan closings that are beneficial both to Parkview and our clients. This has boded well for us, especially in volatile times like these when other lenders choose to wait on the sidelines to see how things will shake out.”
Mark comes to ConnectCRE with an extensive background as a business and news reporter in San Francisco radio, as well as 35 years as a traffic reporter on several stations including KGO, KNBR, KCBS and KFRC. As a business reporter, Mark covered the tech world in Silicon Valley where he became familiar with real estate transactions in the hot Bay Area marketplace. He attended San Jose State University with a BA in Radio and TV Broadcasting and currently resides in the Lake Tahoe area where he gets to frequently enjoy all of his favorite activities: Golfing, Fishing, Hiking and Skiing.