Philipp Smaczny is senior director of Western Alliance Bank’s Affordable Housing Investments. Based in Phoenix, he directs investment efforts for on-book construction and permanent low-income housing bond opportunities for clients throughout the United States, with a focus on partnering with tax credit syndicators and other lending institutions.
Mr. Smaczny has more than 20 years of experience as a commercial real estate finance professional. Prior to joining Western Alliance in 2017, Mr. Smaczny spent over four years with Morgan Stanley’s commercial real estate lending group, originating commercial mortgage-backed securities.
He holds a Master of Business Administration degree with a concentration in finance from Texas Christian University.
Affordable Housing Investments
Western Alliance Affordable Housing Investments, a national banking group within Western Alliance Bank, Member FDIC, specializes in purchases of tax-exempt and taxable bonds through tax credit syndicators and other lending institutions serving the growing need for affordable housing. The group’s expert bankers purchase bonds for acquisitions, bridge structures, construction and permanent take-out financing. Western Alliance Bank is the primary subsidiary of Phoenix-based Western Alliance Bancorporation, with more than $50 billion in assets. The bank is again #1 best-performing of the 50 largest public U.S. banks in the S&P Global Market Intelligence listing for 2020 and ranks high on the Forbes “Best Banks in America” list year after year. Serving clients across the country wherever business happens, Western Alliance Bank operates individually branded, full-service banking and financial services divisions and has offices in key markets nationwide.