Lucy Ray Headshot

Lucy Ray

Vice President Commercial Real Estate

Lucy Ray is vice president, commercial real estate, for Western Alliance Bank. In her role, Lucy is responsible for sourcing and providing acquisition, construction, bridge, and term financing solutions for commercial real estate investors and developers. Ms. Ray joined Western Alliance Bank in 2014 and is based in Phoenix serving clients throughout the western United States.

Ms. Ray is involved with AZCREW, a professional development organization for women in commercial real estate, and the Urban Land Institute Arizona, holding a leadership role in ULI Next,. She is a supporter of the Valley of the Sun United Way and sat on the founding steering committee of its young professionals group, the board of Women United, and on the United Way Campaign Cabinet.  She is a past board member of the Valley of the Sun Active 20-30 Club.

Ms. Ray is a graduate of the University of Wisconsin, Madison School of Business and holds a Bachelor of Business Administration degree in Real Estate and Urban Land Economics, and Marketing.

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About Us

Western Alliance Bank

With more than $85 billion in assets, Western Alliance Bancorporation is one of the country’s top-performing bank holding companies. Its primary subsidiary, Western Alliance Bank, Member FDIC, offers a full spectrum of tailored commercial banking solutions and consumer products, all delivered with outstanding service by industry experts who put customers first. Major accolades include being ranked as a top U.S. bank in 2024 by American Banker and Bank Director and receiving #1 rankings on Extel’s (formerly Institutional Investor’s) All-America Executive Team Midcap Banks 2024 for Best CEO, Best CFO and Best Company Board of Directors. Serving clients nationwide, Western Alliance Bank includes six legacy bank brands — Alliance Association Bank, Alliance Bank of Arizona, Bank of Nevada, Bridge Bank, First Independent Bank and Torrey Pines Bank — that continue to be part of the company’s heritage. 

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