Residential deals drove lending activity at Parkview Financial in 2020. The firm closed a record loan volume last year, despite the pandemic, with a total of $600 million in construction loans. Residential projects, both apartment and condo, drove 90% of that activity.

“While we lend on all property sectors, last year multifamily comprised the bulk of our financing activity. Apartment and condo projects made up about 90 percent of our loan volume,” Paul Rahimian, CEO, Parkview Financial, tells “The majority of our sponsors in 2020 were small- to mid-sized developers who were looking to secure financing quickly and have hands-on support when it came to the entire lending process. The “time is money” theme was pretty consistent feedback we heard from them. They needed to get their projects going and done as soon as possible in order to capture their return on investment.”

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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