- Property Type : Multi Family
- Loan Type : Construction Loan
- State : Florida
- City : Kissimmee
- Funded Amount : $28,500,000
Bridge Loan | |
Property Types | Industrial, Mixed use, Multi Family, Office, Retail |
Lendding Area | NATIONWIDE |
Loan amount Minimum | $5,000,000 |
Loan amount Maximum | $20,000,000 |
Interest Only or Amortized | Interest Only |
Lien Position | 1st |
Fixed or Adjustable | Adjustable |
Updated as of | 2022-01-01 |
Construction Loan | |
Property Types | Industrial, Mixed use, Multi Family, Office, Retail |
Lendding Area | NATIONWIDE |
Loan amount Minimum | $5,000,000 |
Loan amount Maximum | $20,000,000 |
Interest Only or Amortized | Interest Only |
Lien Position | 1st |
Fixed or Adjustable | Adjustable |
Updated as of | 2022-01-01 |
Summary of all Guidelines | |
Loan Types | Bridge Loan, Construction Loan |
Property Types | Industrial, Land Non-Entitled, Mixed use, Multi Family, Office, Retail, SFR |
Lendding Area | NATIONWIDE |
Loan amount Minimum | $5,000,000 |
Loan amount Maximum | $200,000,000 |
Interest Rate Minimum | 8% |
Interest Rate Maximum | 11% |
Points Minimum 1st TD | 2 |
Points Maximum 1st TD | 4 |
Terms | 2 years, 3 years |
Interest Only or Amortized | Interest Only |
LTV Bridge | 75 |
LTC Construction | 75 |
Dutch Interest (Interest paid on entire balance) | No |
LTC Rehab | 60 |
Personal Guarantee /Recourse Required | Recourse, No Recourse |
Intended Occupancy | Non-Owner |
Parkview Financial is a direct private lender specializing in ground up commercial and residential real estate financing. Through a private real estate debt fund, we provide short-term bridge and construction loans secured by first trust deeds to developers throughout the United States. Since launching the Fund in 2015, Parkview has successfully executed more than $4 billion in financing for multifamily, retail, office, industrial and mixed-use projects with executed loans ranging from $5 million to $200 million.
With offices in Los Angeles, New York, Denver and Atlanta, our firm has grown exponentially since it was founded in 2009 by Paul Rahimian, its CEO. Parkview has earned an unparalleled reputation within the commercial real estate industry as one of the most respected private construction lenders in the nation. This has been accomplished through our proven ability to provide fast, creative financing solutions to borrowers who need more leverage and certainty of execution. Fortified with an experienced team of in-house experts, Parkview is able to be nimble and creative even when it comes to some of the most challenging projects.
Parkview Financial is located in Los Angeles, CA. They offer financing for Bridge Loans and Construction Loans. The property type they primarily lend against is SFR, Multi Family, Office, Industrial, Retail, Mixed use and Land Non-Entitled. Their minimum loan amount is $5,000,000. Their maximum loan amount is $200,000,000. They offer loans for a minimum Term of 6 months. Maximum duration of 2 years;3 years. Although rates can change they are typically lending at a minimum rate of 8%. Maximum interest rate of 11%. Points charged are deal specific, but historically have charged a minimum of 2. Maximum points charged are 4.
These descriptions are limited information and meant for general reference purposes.