Insights from Paul Rahimian at the PERE America Forum: What’s Next for Real Estate Debt

Parkview Financial was pleased to attend the PERE America Forum in New York City this week. Paul Rahimian, Founder of Parkview Financial, spoke on the keynote panel, Key Trends Shaping Real Estate Debt Ahead of the Coming Cycle, offering valuable insights into the current state and future of the industry.

Key takeaways from the forum included:

• General consensus is that this is a good vintage for commercial real estate debt.

• Seeing transaction volume increase—not like in 2021, but beginning to see a return to normal volumes, which would be welcome for lenders.

• Funds launched in 2021 and 2022 are now nearing the end of their investment period, with significant capital to deploy. We expect that to also drive activity in 2026.

• Construction costs are plateauing, and with lower interest rates and a large undersupply of housing, we expect to see increased multifamily construction activity.

The forum provided a range of perspectives and a clearer view of the trends shaping real estate debt as the industry looks toward 2026.