New York Real Estate Journal

Parkview Financial opens NYC office as loan origination activity intensifies

February 4, 2022 - Brokerage
Luke Hingson

 

Paul Rahimian

 

New York, NY Parkview Financial, a direct private lender specializing in construction and short-term bridge loans, announced it has opened a New York City office. Located at 1 Rockefeller Plaza in Midtown Manhattan, the office will be led by senior loan officer Luke Hingson who is focused on further expanding the firm’s loan origination activity throughout the region. He shares the new space with marketing director, Karina Parada. Over the next 24 months, the firm is seeking to recruit four additional team members to this office.

“Launching a New York City office is a very significant and strategic milestone for Parkview Financial,” said Paul Rahimian, CEO and founder of Parkview Financial. “It is important for us to be physically in the heart of the financial capital of the U.S. as we grow our platform. We have originated close to $500 million of loans in the Tri-State area over the past 12 months, and we believe that activity will snowball as we continue to gain momentum with our expanding pool of borrowers and investors.”

The new office marks Parkview’s fourth U.S. location with its headquarters in Los Angeles and offices in Atlanta and Denver. In 2021 the firm originated more than $1.2 billion in loans nationwide, doubling its activity from 2020. This year it intends to place at least $1.5 billion in financing for a variety of property sectors, with the majority of that being for multifamily construction.

With more than 12 years of experience, Hingson joined Parkview in December 2021. He has spent his entire career specializing in commercial real estate capital markets. In this capacity, he has been involved in the origination, underwriting, due diligence, and/or deal management totaling in excess of $3 billion in commercial real estate financing transactions, and more than $100 million in investment sales transactions.

Parada joined Parkview in 2014 and relocated from Los Angeles late 2021. She is involved in developing and implementing Parkview’s strategic marketing plan and handles the creation of the firm’s graphic design and digital media as well as coordination of press releases and real estate event involvement.