Western Alliance Bancorporation's (WAL) Western Alliance Bank provided $33 million in construction financing for the first phase of the Marble Manor redevelopment, a 138-unit mixed-income housing project in Las Vegas, the bank said late Monday.
The financing includes a construction loan of $31 million in tax-exempt bonds and $2 million in taxable bonds, as well as $19.5 million in tax-exempt permanent bonds, the bank added.