By Wayne Schutsky | East Valley Tribune
The East Valley is a prime spot for real estate investment in the Phoenix metro area, with one Valley lender providing over $255 million worth of loans for projects in the past 18 months.
Alliance Bank financed a number of projects in the area, including office and industrial parks and further development in Mesa’s Eastmark master-planned community.
“We are very confident in the market, and we think the fundamentals are strong now,” said Paul Engler, Alliance Bank senior vice president.