Parkview Financial Closes $64 Million Construction Loan for Mixed-Use Development in Rancho Cucamonga, CA

Parkview Financial, an alternative investment firm specializing in U.S. commercial real estate credit, today announced it has closed on a $64 million construction loan for a new mixed-use development located at 8500 Haven Avenue in Rancho Cucamonga, California. The project will feature six residential buildings, one retail building, and one mixed-use building comprising 248 garden style apartment units and ground floor commercial space. Completion is expected in Q3 2026.

Rancho Cucamonga is a supply-constrained sub-market east of Los Angeles, offering strong multi-family demand. It is relatively affordable compared with Los Angeles and boasts proximity to major Southern California employment hubs and access to a high concentration of well-compensated jobs. The area’s established retail and entertainment infrastructure further enhances its residential appeal, supporting long-term rent growth and stable occupancy.

“This is a highly strategic investment in a market with strong underlying fundamentals,” said Paul Rahimian, CEO and Founder of Parkview Financial. “With conservative underwriting, experienced sponsors, and a de-risked construction timeline, we’re confident this project is well-positioned to deliver long-term value.”

Parkview acted as a one-stop solution for the borrower, providing a highly customized loan structure that is set to start being drawn down midway through the construction process. Combined with a significant equity infusion, the loan enables the borrower to confidently continue construction towards a successful completion.

Southern California’s Inland Empire region is notoriously slow in adding new housing inventory, driving demand for developments such as 8500 Haven Avenue. The premier resort-style multifamily property will include a gym, pool, pickle ball court, secured parking spaces, coworking space, clubhouse and activated rooftop and patios. The modern, luxury units will include in-unit laundry, dishwashers, wine coolers, high ceilings, and premium interior finishes.

Contact our Originations Team at lending@parkviewfinancial.com

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About Parkview Financial

Parkview Financial is an alternative investment manager specializing in commercial real estate credit in the U.S. Over its 15-year history, Parkview has successfully executed more than $4 billion in short-term bridge and construction first-lien financing across 200 loans. The firm is active in major U.S. markets and is primarily focused on middle-market loans for the development, acquisition, renovation or refinancing of multifamily, single family residential, industrial, retail and mixed-use projects.

Headquartered in Los Angeles with offices in New York and Las Vegas, Parkview has grown exponentially since it was founded in 2009 by CEO Paul Rahimian. The firm has earned a reputation within the commercial real estate industry as a respected private lender known for its ability to provide swift, creative financing solutions to borrowers requiring certainty of execution.

Parkview's success is driven by its team of seasoned in-house experts across originations, credit underwriting and construction, who bring creativity and agility to even the most complex projects. This combination of expertise and flexibility has solidified Parkview's standing as a trusted partner to experienced and well-capitalized borrowers.