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

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%

Percentage of Loans Secured by Residential Property

10%

Our Team

Paul Rahimian

Chief Executive Officer

CalDRE - 01087960

Larry Perry

Vice President Loan Originations

Contact Parkview Financial

Parkview Financial pays us to be listed, so there is no fee to connect with them directly.

Stay Informed About Private Lending

Receive our monthly newsletters with valuable insights and industry updates
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BEFORE YOU CONTACT THIS LENDER

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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