Paul Rahimian, CEO and Founder of Parkview Financial is pleased to announce Ted Jung has been named Chief Credit Officer out of the firm’s Los Angeles headquarters.
In this new position, Jung will be responsible for serving as the head of the underwriting team as well as providing credit oversight for the firm. He is responsible for directly supervising seven underwriters, analysts, and a closing administrator. Jung brings extensive knowledge of underwriting and originating large loans for all major asset types with institutional sponsors across both primary and secondary markets throughout the U.S. His experience across the capital stack includes senior perm mortgages, mezzanine debt, construction loans, CTL’s, and equity.
“With more than 17 years of institutional life insurance and banking experience in the commercial real estate lending industry on a national platform, Ted brings a depth of experience and leadership that will contribute to our firm’s continuing growth,” said Rahimian.
“As Chief Credit Officer, my vision for Parkview Financial involves instilling a strong credit culture through strict credit policies, and underwriting standards and procedures that will take the company to the next level of institutional best practices,” said Jung.
Jung has provided credit approvals for in excess of $12 billion in loans over his career. He most recently served as Director, New Loan Origination and Head of Underwriting at Guggenheim Partners in Santa Monica. Previously, he held positions at JP Morgan as well as Pacific Life.
CONTACT INFORMATION
Ted Jung
Chief Credit Officer
P 310-996-8999 x128
E ted@parkviewfinancial.com
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About Parkview Financial
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 $2.5 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 (headquarters), 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.