Western Alliance Bank Finances $33M First Phase of Historic Marble Manor Redevelopment in Las Vegas - Financial Times

Western Alliance Bank Finances $33M First Phase of Historic Marble Manor Redevelopment in Las Vegas. 138-unit mixed-income community expands affordable housing access in historic westside neighborhood. PHOENIX--(BUSINESS WIRE)--Jul. 6, 2026-- Western Alliance Bank (NYSE: WAL) today announced $33 million in construction financing for Marble Manor Phase I, a 138-unit, mixed-income housing redevelopment located less than two miles northwest of downtown Las Vegas, Nevada. Rendering of Marble Manor Phase I, a 138-unit, mixed-income housing redevelopment in Las Vegas. “Western Alliance has supported the Las Vegas community for decades, and we are proud to extend affordable housing options for local families,” said Mieke Holkeboer, Director, Affordable Housing Finance, Western Alliance Bank. Marble Manor is being co-developed by Brinshore Development, a leading mixed-income real estate company, and Southern Nevada Regional Housing Authority (SNRHA), with construction by Metcalf Builders. “This project reflects continued investment in the Historic Westside and expands access to quality, attainable housing in Las Vegas,” said Philipp Smaczny, Senior Managing Director, Affordable Housing Finance, Western Alliance Bank.