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Friday, Jun 9, 2023

Top Lenders in Los Angeles: RACHEL MAGNER

Rachel Magner

Senior Vice President & Head of Commercial Real Estate for California

IDB Bank

Area of Expertise: Commercial Real Estate Lending

Rachel Magner is senior vice president and head of commercial real estate for California at IDB Bank, a private and commercial bank with full-service branches in Downtown Los Angeles and Beverly Hills. As head of CRE for California, Magner provides financial solutions throughout the Golden State. Her focus and expertise, though, is Southern California and specifically the greater Los Angeles metropolitan market. She has more than four decades of financial management experience at relationship-focused banks.

Before joining IDB in 2004, Magner served as vice president at Sumitomo Bank. There, she also held various senior management roles across operations, lifecycles, processes and teams. Prior to this, Rachel directed business operations at Crocker Bank, where she was selected as the first female factoring account executive in the U.S. She Rachel holds a Bachelor of Science in Finance from the University of South Carolina.

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