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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 »

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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 »

Press Releases

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 »

Press Releases

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 »

News

Westwood Acquires Caliber Collision for Hilgard Fund

Today, Westwood Financial announced the addition of Caliber Collision to its Hilgard STNL Fund. The property is located at 10754 Chapman Hwy in Seymour, TN. Caliber Collision is the nation’s largest collision repair company with over 1,500 locations across the US. The 16,500 SF building sits on a 2.12 acre parcel and is strategically positioned... Read more »

Press Releases

Westwood Financial Announces First Investment Offering with CrowdStreet

Westwood Financial, a leading retail real estate investment firm, announced today its first investment offering with CrowdStreet, the nation’s largest online private equity real estate investing platform. Village at Peachtree Corners, a 100% leased grocery anchored neighborhood shopping center in Atlanta, is being listed on CrowdStreet’s Marketplace. “We are excited to partner with CrowdStreet on... Read more »

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Westwood Financial Announces Second Quarter 2022 Results

Westwood Financial, a leading retail real estate investment firm, announced updates today on its financial and operational results for the three months ended June 30, 2022, which included: Same-Store 2022 vs 2021 GAAP Revenue and NOI were up +5.5% and +6.3%, respectively Executed 24 new leases totaling 62,000 square feet and 45 renewals totaling 110,000... Read more »

News

Westwood’s Hilgard STNL Fund Acquires Second Starbucks Location

Today, Westwood Financial announced another addition to its Hilgard STNL Fund with the acquisition of a Starbucks in Roanoke Rapids, NC. The 1,948 sf store is located at 298 Premier Blvd in Roanoke Rapids and ranks in the top 96% of traffic data for Starbucks stores nationally according to Placer Ai. Situated on an outparcel... Read more »

News

HILGARD™ STNL Fund Adds Two New Assets

Westwood Financial’s Hilgard STNL Fund, launched last July has acquired two new assets. A Dollar General in Wilson, NC and a Sherwin-Williams in Pigeon Forge, TN. The two properties bring the total asset count for the Fund to 15. Four additional assets are under contract and expected to close later this year. The 9,100 SF... Read more »

Press Releases

Westwood Financial Announces First 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 March 31, 2022, which included: Same-Store 2022 vs 2021 GAAP Revenue and NOI was up +4.4% and +5.9%, respectively Executed 27 new leases totaling 85,000 square feet and... Read more »

Press Releases

Westwood Announces Full Year 2021 Results

LOS ANGELES, CA – Westwood Financial, a leading retail real estate investment firm, announced updates today on its financial and operational results for the twelve months ended December 31, 2021, which included: Same-Store 2021 vs 2020 GAAP Revenue and NOI was +4.8% and +2.9%, respectively Executed 79 new leases totaling 165,000 square feet in full... Read more »

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