CONTRACTPENDING

Western Alliance Bank Identified as Project Construction Lender

Disclosed value: $27,500,000; From staffreport
Document date: Feb 11, 2026

What it covers

Western Alliance Bank is identified as the anticipated senior construction lender for the 171-unit Lents Town Center project. The project budget includes a $27.5 million construction loan, subject to final lender documentation and Prosper Portland review.

Who holds it

Western Alliance Bank holds this financial services contract with Prosper Portland. Its other public contracts on record include work for City of Lynwood and Deerfield Public Library.

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Contract details

Contract type: Financial Services
Amount: $27,500,000
Document date: February 11, 2026
Vendor: Western Alliance Bank
Agency: Prosper Portland
Source document: Prosper Portland StaffReport Approving a Loan to Palindrome 92H LLC 2026-02-11 (StaffReport)

Western Alliance Bank's other public contracts

City of Lynwood, CaliforniaWestern Alliance Bank Lease Revenue Payment Approved · Nov 3, 2026$377.9K Deerfield Public Library, IllinoisLibrary Reserve Portfolio Holds Western Alliance CD · Oct 21, 2026$231.4K Avoca SD 37, IllinoisWestern Alliance Bank CD Held by Avoca School District · Oct 15, 2026 Burleigh County Water Resource District, North DakotaWestern Alliance CD Included in Investment Review · Oct 14, 2026$250K Greenburgh-North Castle Union Free School District, New YorkDistrict Approves Western Alliance Bank Wire · Sep 30, 2026$2.3M All Western Alliance Bank contractsVendor profile

More Prosper Portland contracts

Oregon Casket Redevelopment LLCProsper Portland Approved Oregon Casket Project Loan · Oct 14, 2026$7M Oregon Casket Redevelopment LLCPCEF Pilot Loan Approved for Oregon Casket Project · Oct 14, 2026$2.9M Oregon Casket Redevelopment LLCProsper Portland Seeks $5.366 Million Oregon Casket Loan · Oct 14, 2026$5.4M Oregon Casket Redevelopment LLCProsper Portland Seeks $2.89 Million PCEF Loan · Oct 14, 2026$2.9M Oregon Casket Redevelopment LLCOregon Casket Commercial Loan Principal Reduced · Oct 14, 2026$5.4M All Prosper Portland activityAgency profile

Questions about this contract

Who was awarded the financial services contract by Prosper Portland?

Western Alliance Bank was awarded this financial services contract by Prosper Portland, as recorded on February 11, 2026. The contract value is $27,500,000.

How much is the Western Alliance Bank contract with Prosper Portland worth?

The Western Alliance Bank contract with Prosper Portland is valued at $27,500,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a staffreport record.

Where was this contract approved?

This contract appears in Prosper Portland StaffReport Approving a Loan to Palindrome 92H LLC 2026-02-11 (StaffReport), dated February 11, 2026 from Prosper Portland. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Western Alliance Bank hold?

Western Alliance Bank may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Prosper Portland currently buying?

Explore Prosper Portland's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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