A dedicated team at Western Alliance Bank working on innovative multifamily housing finance strategies.
Western Alliance Bank has appointed Charles Jones as Senior Director for its Multifamily Housing Finance Group. With over 25 years of experience, Jones aims to enhance financing solutions specifically geared toward affordable housing projects. Based in Los Angeles, he will lead a dedicated team to meet the growing demand for multifamily developer financing. His extensive background in real estate finance, coupled with a strong educational foundation, positions him to make a significant impact in the sector. This appointment reflects the bank’s commitment to supporting affordable housing initiatives across the United States.
Western Alliance Bank has recently announced the appointment of Charles Jones as the new senior director of its Multifamily Housing Finance group. This strategic move is expected to enhance financing solutions for developers, specifically in the rapidly evolving sector of multifamily housing. Operating out of Los Angeles, Jones will take on a crucial role in leading a dedicated team aimed at meeting the financial needs of multifamily developers across the nation.
One of the key responsibilities of Jones will be to develop financing options that cater to workforce housing projects, which are crucial for providing affordable living solutions in urban areas. This particular focus underscores the bank’s commitment to supporting projects that have a positive impact on communities and contribute to alleviating the housing crisis faced in many regions of the U.S. Jones’ extensive background in commercial real estate finance will be instrumental as he shapes the bank’s offerings in this vital segment.
With over 25 years of experience in the field, Jones brings a wealth of knowledge to his new position. Prior to joining Western Alliance Bank, he was managing director and vice president of originations at M&T Realty Capital Corporation, where he specialized in providing debt solutions for commercial real estate. His prior experience includes significant roles at notable firms such as Hunt Real Estate Capital and Fannie Mae Multifamily, where he developed tailored financing strategies for large multifamily real estate operators.
Before his endeavors in financial institutions, Jones served as vice president and investment manager at Citylink Investment Corporation in San Diego, further rounding out his impressive portfolio. His array of skills encompasses mortgage banking, construction lending, equity capital raises, real estate development, and corporate real estate account management, making him a well-rounded asset to the bank.
Jones is equipped with solid academic credentials that complement his professional experience. He earned a Bachelor of Science in Industrial Engineering and an MBA from Northwestern University, completed at the renowned Kellogg School of Management. His educational background helps to reinforce his capability in navigating the complexities of the finance industry.
Western Alliance Bank stands out as a top-performing banking institution in the United States, boasting over $80 billion in assets. The bank has garnered acclaim for its exceptional customer service and a range of products that effectively meet the needs of diverse clients. In 2024, Western Alliance Bank was recognized with significant accolades from industry evaluations, achieving high rankings by both American Banker and Bank Director, a testament to its commitment to excellence.
The addition of Charles Jones to the Multifamily Housing Finance group is expected to bring innovative solutions to the forefront of the bank’s offerings, further solidifying Western Alliance Bank’s position as a leader in financing multifamily housing projects. His expertise will likely contribute to a stronger, more responsive financial environment for developers, positioning them to address the demands of the evolving housing market.
In conclusion, the appointment of Charles Jones offers promising prospects not only for Western Alliance Bank but also for the multifamily housing industry. By prioritizing workforce housing and enhancing access to financing, the bank looks forward to impacting communities positively while supporting developers in bringing vital projects to fruition.
Sheboygan Falls, Wisconsin, August 29, 2025 News Summary Marcus & Millichap Capital Corporation arranged an $8.7…
Charleston, SC, August 29, 2025 News Summary The Housing Authority of the City of Charleston closed…
Cape Coral, Florida, August 29, 2025 News Summary Cape Coral city council approved a set of…
Hoboken, New Jersey, August 29, 2025 News Summary A $162 million senior construction loan has closed…
St. Louis, Missouri, August 29, 2025 News Summary Ralph Korte, founder of a prominent Midwestern construction…
Southeast Asia, August 29, 2025 News Summary A global construction software company is expanding its digital…