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Paul Rahimian Paul Rahimian: “Even if we hit correction, people still need a place to live, and they are going to live in a multifamily apartment as opposed to a new house.”

LOS ANGELES—Despite the national debate about an economic slowdown and a possible recession on the horizon, the capital markets remain bullish on the multifamily sector, according to Paul Rahimian, CEO at Parkview Financial. His firm continues to do a tremendous volume of construction loans on multifamily developments, and he doesn’t see the market slowing down any time soon.

“We definitely aren’t seeing a slowdown right now,” Rahimian tells GlobeSt.com. “We are seeing a lot of activity in the multifamily sector, and we expect that to continue through 2016. When you read the reports and look at the research, there is still a strong demand for multifamily, especially in Southern California, and the supply hasn’t been there. In the past seven or eight years, construction hasn’t been keeping up with demand.”

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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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