**Way Capital Appoints Kyle McDonough as Executive Director**
Way Capital has announced the appointment of Kyle McDonough as Executive Director. Based in Phoenix, McDonough will lead efforts to arrange financing for Build-to-Rent (BTR) projects on a national scale. In addition, he will focus on a variety of commercial real estate asset types across key U.S. regions—including the Sun Belt, Midwest, and Rocky Mountain markets. These asset types include multifamily, hotels, industrial, land, and master-planned community developments.
McDonough brings over a decade of experience to the role. He previously co-founded and served as Managing Partner at Tower Capital, a Scottsdale, Arizona-based real estate capital advisory firm. The firm was dissolved at the end of June 2025, after arranging nearly $4 billion in financing since its inception in 2015. This included bridge, construction, permanent, mezzanine, joint-venture, co-GP, and preferred equity financing.
A leader in the BTR sector, McDonough was instrumental in establishing Tower Capital as a national innovator in financing for the development of BTR communities. He led the capitalization of nearly $3 billion in financing for over 50 BTR communities representing more than 9,000 rental units. These developments spanned multiple states, including Arizona, Texas, Alabama, North Carolina, Colorado, and Indiana.
McDonough’s new role at Way Capital is expected to further enhance the firm’s capabilities in the fast-growing BTR segment and solidify its presence across emerging CRE markets nationwide.
