WAY Capital Arranges $131.2 Million Financing Package for The Whitney Multifamily Development in Phoenix
WAY Capital has arranged a $131.2 million financing package for The Whitney, a multifamily real estate project in Phoenix, Arizona, the firm announced May 28, 2026.
Deal Overview
The financing package, totaling $131.2 million, is structured to support the development of The Whitney, a multifamily property in Phoenix. WAY Capital arranged the package. The firm described the transaction as "another example of capital flowing toward high-conviction development opportunities in Phoenix."
The specific composition of the capital stack — including any breakdown between senior debt, mezzanine financing, or preferred equity — was not disclosed in the source material. The unit count, building height, street address, and developer identity were also not disclosed in the available source material.
The announcement was published through WAY Capital's press channel on May 28, 2026, with additional coverage appearing in AZ Big Media.
WAY Capital's Recent Activity
In October 2025, WAY Capital closed a $14.5 million preferred equity financing for a Southwest multifamily development. Further details on The Whitney asset are available through AZ Big Media's coverage of the transaction.