Category: all-News

Westwood Financial Announces Fourth Quarter and Full Year 2022 Results

LOS ANGELES, CA – Westwood Financial, a leading cre investment firm, announced updates today on its financial and operational results for the three months and full year ended December 31, 2022, which included: Fourth Quarter 2022 Highlights Executed 19 new leases totaling 45,000 square feet and 40 renewals totaling 91,000 square feetAchieved total leased percent… Read more »

Brett Johnston Promoted to Senior Vice President

Brett has been integral to Westwood’s success for over 20 years. Most recently, Brett facilitated the relocation of the corporate headquarters to its new location in Westwood Village. He has successfully steered the firm’s strategic vision for I.T., improved corporate operations, and elevated business functions to conform to institutional standards. Brett has proven his dedication… Read more »

Westwood Financial Acquires Regional Community Center in Denver, Colorado MSA

Los Angeles, CA – Westwood Financial, a leading retail real estate investment firm, announced today the acquisition of The Shops at Walnut Creek, a 225,224 square-foot, Super Target shadow-anchored community center in Denver, Colorado. “The Shops at Walnut Creek is a great addition to our substantial Colorado portfolio,” said Mark Bratt, CEO of Westwood Financial…. Read more »

Westwood Financial Announces Third Quarter 2022 Results

LOS ANGELES, CA – Westwood Financial, a leading retail real estate investment firm, announced updates today on its financial and operational results for the three months ended September 30, 2022, which included: Same-Store 2022 vs 2021 GAAP Revenue and NOI were up +3.5% and +2.0%, respectivelyExecuted 22 new leases totaling 54,000 square feet and 50… Read more »

Westwood Financial Completes an Initial Offering on CrowdStreet’s Real Estate Platform

Westwood Financial, a leading retail real estate investment firm, announced today the success of its first investment offering with CrowdStreet, the nation’s largest online private equity real estate investing platform. “Our initial offering with CrowdStreet was very successful. We exceeded our goal and raised over $7 million dollars” said Mark Bratt, Chief Executive Officer. Village… Read more »

Westwood Announces $100 Million Accordion

Westwood Financial, a premier national grocery-anchored and essential retail real estate investment firm, announced today that it has executed a $100 million accordion to its existing unsecured credit facility. The accordion comes in the form of a 5-year term loan, increasing the Company’s credit facility commitments to $255 million. The term loan bears interest at… Read more »

Westwood Announces the Appointment of Ella Neyland to its Board of Directors

Westwood Financial, a leading retail real estate investment firm, announced today the appointment of Ella Neyland to its Board of Directors. “We are very excited to welcome Ella to the Board of Directors. Her broad experience in the real estate sector will prove invaluable,” said Mark Bratt, CEO. “She provides a different and needed perspective… Read more »

Westwood Financial Moves Corporate Headquarters to Westwood, California

Westwood Financial, a leading retail real estate investment firm, announced today the relocation of its Los Angeles corporate headquarters from Brentwood to Westwood, California effective August 29, 2022. The company’s offices were initially located in Westwood when the firm was started over 50 years ago. “We are thrilled to be relocating back to Westwood where… Read more »