Pacific Western Bank Archives

Banc of California to Merge with PacWest Bancorp

Banc of California signed a definitive merger agreement with PacWest Bancorp. The combined holding company and bank will operate under the Banc of California name and brand following closing of the transaction.

Kennedy Wilson Acquires First Tranche of $5.7B Loan Portfolio from Pacific Western Bank

Global real estate investment company Kennedy Wilson closed on the initial tranche of loans as part of a $5.7 billion loan portfolio acquisition from Pacific Western Bank.

June 12, 2023 Kennedy Wilson | Matt Windisch | Pacific Western Bank | Paul Taylor | William McMorrow Ian Koplin

Harbor Group International Provides $90MM Senior Mezzanine Loan to Extell Development Company

Harbor Group International provided a $90 million senior mezzanine loan to Extell Development Company to finance the construction of a 30-story, 420,000 rentable square foot office building in Manhattan’s Upper East Side.

PacWest and Pacific Western Bank Name Taylor President

PacWest and Pacific Western Bank appointed Paul W. Taylor president of both the company and the bank, effective July 1. Taylor currently serves as a director of the company and the bank and is a member of each of their respective asset/liability management and risk committees.

June 14, 2022 Matthew P. Wagner | Pacific Western Bank | Paul W. Taylor Ian Koplin

Pacific Western Bank Adds Frederick to ABL Team

Scott Frederick joined Pacific Western Bank as a senior vice president and business development officer on its asset-based lending team. He will be located in Oak Park, IL.

March 23, 2022 Matt Lernor | Pacific Western Bank | Scott Frederick Ian Koplin

Pacific Western Bank Provides $25MM Credit Facility to Truvian Sciences

Pacific Western Bank provided a $25 million debt facility to existing client, Truvian Sciences, a healthcare company paving the way in the blood testing industry with its automated diagnostic system that provides lab-accurate results at point-of care.

September 14, 2021 Jeff Hawkins | Pacific Western Bank | Scott Foote | Truvian Sciences Ian Koplin

Pacific Western Bank Appoints Schwimmer EVP, Chief Innovation Officer

Pacific Western Bank hired Steven Schwimmer to serve in the newly created position of executive vice president and chief innovation officer. In this role, Schwimmer will be responsible for Pacific Western Bank’s systems and applications environment, as well as various bank operations groups.

June 22, 2021 Mark Yung | Pacific Western Bank | Steve Schwimmer Ian Koplin

Pacific Western Bank Provides $30MM Senior Credit Facility to Kate Farms

Kate Farms secured a $30 million senior credit facility with Pacific Western Bank to help fuel growth and expansion.

Fintech Provider Prelim Helps Pacific Western Bank Rebound from Pandemic

Prelim, a fintech provider that optimizes digital banking experiences for financial institutions, has expanded its capabilities to assist more banks assist more small businesses.

May 21, 2021 Heang Chan | Mark Yung | Pacific Western Bank | Prelim Ian Koplin

Ibey Joins Pacific Western Bank’s Asset-Based Lending Team as SVP, BDO

Janice Ibey joined Pacific Western Bank’s asset-based lending team as a senior vice president and business development officer. She joined Pacific Western Bank after spending the past four years working with Crestmark as vice president of business development in Southern California.

March 1, 2021 Janice Ibey | Matt Lernor | Pacific Western Bank Phil Neuffer

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