Western Alliance Bank Provides $35 Million Financing for Marina City Club Upgrades
Western Alliance Bank has provided $35 million in financing to Marina City Club Homeowners Association for major capital improvements. The funds will be used for structural repairs, recreation deck and elevator upgrades, and new amenities without requiring a special assessment from homeowners. The financing was structured in collaboration with Marina City Club Owners Association, Essex Property Trust, and Los Angeles County.
Western Alliance Bank, through its Alliance Association Banking group, has provided $35 million in financing to the Marina City Club Homeowners Association for major capital improvements at the iconic Marina City Club in Marina del Rey, California. The financing will enable structural repairs, recreation deck and elevator upgrades, and the addition of new amenities without requiring a special assessment from homeowners. The agreement was structured in collaboration with the Marina City Club Owners Association, Essex Property Trust, and Los Angeles County, which owns the land the property sits on. Western Alliance Bank tailored the financing to address the property’s unique ownership structure, supporting the continued preservation and enhancement of this landmark community. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Western Alliance Bancorporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20251202496477) on December 02, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)
