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February 13, 2019  

LA Property Lender Lining Up LPs

A Los Angeles real estate lender, riding a wave of demand for short-term property loans, is soliciting foreign investors and U.S. non-profits to buy stakes in a small loan-origination fund it started in 2015.Parkview Financial disclosed the fund offering in a January investor letter. The firm, led by longtime real estate developer Paul Rahimian, launched the construction-loan fund in July 2015 with $21 million of its own money. It said it was...


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