Paul Rahimian Of Parkview Financial Closes $64 Million Construction Loan For Mixed-Use Project In Rancho Cucamonga

The asset involved in this transaction is a mixed-use development located at 8500 Haven Avenue in Rancho Cucamonga, California. The project consists of six residential buildings and one retail building, encompassing 248 garden style apartment units along with ground floor commercial space. It has secured a construction loan totaling $64 million. Completion of the project is anticipated in the third quarter of 2026.

Summary of transation details:

• Property Type: Mixed-use
• Transaction Amount: $64,000,000
• Units: 248
• Address: 8500 Haven Avenue
• Market: Rancho Cucamonga
• Lender: Paul Rahimian - Parkview Financial
• Originator: Brad Ross - Parkview Financial
• Loan Type: Construction

Paul Rahimian and Brad Ross are key individuals in this transaction, representing Parkview Financial, an alternative investment firm that specializes in U.S. commercial real estate credit. They played significant roles in facilitating the $64 million construction loan for this development project, which aims to enhance the mixed-use property landscape in Rancho Cucamonga.