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Press Releases

Westwood Financial Sells Ahwatukee Mercado, a Grocery-Anchored Center in Phoenix, Generating Excellent Returns

LOS ANGELES, CA – Westwood Financial, a leading commercial retail real estate investment firm, is pleased to announce the successful sale of Ahwatukee Mercado, a well-established grocery-anchored shopping center in Phoenix, Arizona. The property was sold to a private buyer after a hold period of 3.7 years, resulting in a profitable opportunistic return and an... Read more »

Press Releases

Westwood Financial Announces First Quarter 2023 Results

LOS ANGELES, CA – Westwood Financial, a leading commercial retail real estate investment firm, announced updates today on its financial and operational results for the three months ended March 31, 2023, which included: First Quarter 2023 Highlights Executed 16 new leases totaling 31,000 square feet and 45 renewals totaling 119,000 square feetAchieved total leased percent... Read more »

Press Releases

Westwood Promotes Two to C-Suite

Executives Lauren Ball and Juyuan Wei join CEO on a continued growth trajectory. LOS ANGELES, CA – Westwood Financial (Westwood), a leading retail real estate investment firm, announces the promotion of senior retail executives Lauren Ball and Juyuan Wei to the company’s C-Suite. Chief Operating Officer Lauren Ball and Chief Financial Officer Juyuan Wei will... Read more »

Press Releases

Aaron Johnson Joins Westwood Financial as the New Senior Vice President of Transactions

LOS ANGELES, CA – Westwood Financial, a leading retail real estate investment firm, has announced an essential addition to its executive team. Aaron Johnson joins Westwood as its new Senior Vice President of Transactions overseeing all acquisition and disposition efforts for the firm. Johnson brings more than 17 years of retail real estate experience to... Read more »

Press Releases

Westwood Financial Announces Fourth Quarter and Full Year 2022 Results

LOS ANGELES, CA – Westwood Financial, a leading commercial retail real estate 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... Read more »

Press Releases

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 »

Press Releases

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 »

Press Releases

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 »

Press Releases

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 »

NewsPress Releases

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 »

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