Direct Private Lender for Construction Projects Nationwide

Parkview Financial is a direct private money construction lender. We specialize in construction loans for commercial properties throughout the United States, but we also offer bridge loans for a property acquisition or refinance. Parkview was founded by real estate developers and general contractors who have developed over $350MM in commercial and residential projects in Southern California. We offer fast approvals for our construction loans. No tax returns needed and no minimum FICO score is required. All we need is a Cost Breakdown Sheet.

Property Types We Consider: Multifamily, Mixed Use, Retail, Office, Industrial, Large Spec Homes

 

Property Geographic Area Details
Primary Markets Nationwide
Loan Amounts
$5,000,000 to $100,000,000
Interest Rates
7.99% to 11.99%
Loan Terms
12 months to 36 months
Origination Fees
1% to 3%
Lien Position
1st
Collateral Types
  • Residential Property
  • Commercial Property
Loan Purpose
  • Development Project
Property Occupancy
  • Vacant

Property Types

  • Condominium
  • Industrial
  • Mixed-Use
  • Multifamily
  • Office
  • Retail
  • Single Family Residence

Loan Types

    Deposit Required

    Deposit required after LOI is singed.

    Fees which are mandatory for all new borrower clients

    • Deposit

    Details and Requirements

    Typical Closing Time (Days)

    30

    Fastest Closing Time (Days)

    20

    Payment Structure
    • Interest Only
    Pre Payment Penalty

    no

    Will lend to a foreign national

    yes

    Will Allow Junior Position Mortgage(s) Behind Our Senior Mortgage

    no

    Will Consider Collateralizing Multiple Properties in One Loan

    no

    Will Consider Equity Joint Venture

    no

    Borrower Entity Types Considered
    • LLC
    • Limited Partnership
    • Trust
    • Corporation
    Documentation Required
    • Bank Statements
    Personal Guaranty (Recourse) Required
    Sometimes
    Credit Check Required

    no

    Appraisal Required for Residential Property

    Never

    Appraisal Required for Commercial Property

    Never

    Broker Price Opinion (BPO) Accepted for Residential Property

    Never

    Broker Price Opinion (BPO) Accepted for Commercial Property

    Never

    Parkview Financial Testimonials

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    Parkview Financial is a private money construction lender based in Los Angeles, California. Our company was founded by real estate developers who have many years of experience in building all types of asset classes – custom homes, multifamily, office, industrial, retail, mixed use and others. Having been developers ourselves, we have the ability to effectively underwrite and manage construction loans in most Western States. Our experience and expertise enables us to help real estate developers achieve their goals. Parkview Financial is well-know and has a solid reputation in the commercial real estate industry.

    Parkview Financial is the manager of Parkview Financial Fund GP, Inc.

    License

    CA DRE Lic. 01979740

    Company Size (Number of Employees)

    10

    Year Established

    2009

    Associations

    • International Council of Shopping Center (ICSC)
    • Commercial Real Estate Professionals (CREPOC)
    • Southern California Development Forum (SCDF)
    • Bay Area Mortgage Association (BAMA)
    • Los Angeles Mortgage Association (LAMA)
    • Westside Urban Forum

    Office Locations

    11601 Wilshire Boulevard, Suite 2100, Los Angeles, California 90025

    Primary Capital Source
    • Debt Fund We Manage
    Alternative Capital Sources
    • Own Funds
    Loan Structure for Majority of Loans
    • Own Balance Sheet
    Percentage of Loans Secured by Commercial Property

    90%

    Our Team

    Paul Rahimian

    Chief Executive Officer

    CalDRE - 01087960

    Larry Perry

    Vice President Loan Originations

    Funded Deals

    Get In Touch

    Parkview Financial pays us to be listed, so there is no fee to connect. Share your loan request, send a simple email, call, or visit their website.

    Stay Informed About Private Lending

    Receive our monthly newsletters with valuable insights and industry updates
    subscribe-illustration
    Before You Contact Us

    Our Minimum Loan Amount Is

    $5,000,000

    What We Do

    • Ground-Up Construction Financing
    • Lending Experienced Builders
    • Bridge Loans for Commercial Properties
    • Loan-to-Cost up to 75%
    • 25% Cash Required for Total Budget

    Not Available

    • NO 100% Financing
    • NO Land or Horizontal Development
    • NO Specialty Property Types
    • NO Assisted Living Facilities
    • NO Hotels

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