Redefining Possibility: How Chase's Alice Carr Is Transforming Community Development Banking
September 12, 2016

Redefining Possibility: How Chase's
Alice Carr Is Transforming Community Development Banking

A few moments after the “fasten seat belt” light dims some 33,000 feet over Nevada, Chase's Alice Carr gets back to work. WiFi slowly flickers back to life, and she begins reviewing the latest updates from her team on a deal in Seattle. The financials work, and the developer has an established track record with this kind of real estate project. In normal banking, this would be enough for a construction loan, but community development requires far more nuance and understanding of local concerns. With those thoughts in mind, Alice pauses for a second. “Is this the right project for this neighborhood at this time?”

Not Your Typical Banker

Alice Carr built a 20-plus-year career as a leader in finance precisely because she treated local needs with such care. As regional manager of Chase's community lending for the West and Southwest regions, Alice is responsible for leading the global…

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Please send news about deals in your neck of the woods to: karen.jordan@bisnow.com.