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Paul Rahimian is the CEO of Parkview Financial in Los Angeles, CA. Paul Rahimian is the CEO of Parkview Financial in Los Angeles, CA.

LOS ANGELES—Developers are loosening up on their underwriting of new projects, according to Paul Rahimian, the CEO of Parkview Financial. Rahimian’s has been incredible busy funding short-term construction loans on the West Coast, but says that he is starting to see more and more risky deals come in. We are reaching cycle peaks but developers are still factoring in significant rent growth to meet their pro forma. It’s a scary trend considering that it is eerily reminiscent of the 2008 financial crisis. We sat down with Rahimian for an exclusive interview to get the inside scoop.

GlobeSt.com: Tell me about the approvals process and some of the challenges that you are seeing in approving deals?

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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 GlobeSt.com 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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