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Westwood Financial Announces Third Quarter 2023 Results
Westwood Financial, a leading commercial retail real estate investment firm, announced updates today on its financial and operational results for the three months ended September 30, 2023, which included: Third Quarter 2023 HighlightsSame-Store Q3 2023 vs Q3 2022 GAAP NOI increased by 10.9%Executed 16 new leases totaling 64,000 square feet and 46 renewals totaling 290,000... Read more »
Westwood Financial's Commitment to Community: Giving Back to Local Boys and Girls Clubs
At Westwood Financial, one of our core values is service. We believe that our success as a company is intertwined with the well-being of the communities we serve. As part of our ongoing commitment to corporate social responsibility, we take pride in giving back to our local communities each year. This past quarter, we were... Read more »
Westwood Launches New Investor Portal
Westwood Financial announces the launch of its highly anticipated Investor Portal, designed with its investor’s financial success in mind. The platform offers innovative features and unparalleled convenience, empowering investors to take charge of their investments like never before. Key Features:Comprehensive Investment Performance: Investors now have full access to the performance of their investments in each... Read more »
Westwood Financial Announces Second 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 June 30, 2023, which included: Second Quarter 2023 Highlights Same-Store Q2 2023 vs Q2 2022 GAAP NOI increased by 2.9%Executed 26 new leases totaling 119,000 square feet... Read more »
Westwood Financial Successfully Closes Off-Market Acquisition of Northview Plaza in Dallas, TX
Los Angeles, CA – Westwood Financial, a leading commercial retail real estate investment firm, announced the successful completion of its off-market acquisition of Northview Plaza in Dallas, Texas. This significant transaction was executed directly with existing ownership due to Westwood Financial’s excellent relationships within the shopping center industry. “We are excited to have closed the... Read more »
Westwood Financial Announces Successful Sales of Sycamore Plaza and Yosemite Center
Los Angeles, CA – Westwood Financial, a leading commercial retail real estate investment firm, is pleased to announce the recent sales of two of its assets, Sycamore Plaza and Yosemite Center. These successful transactions highlight Westwood Financial’s commitment to delivering exceptional value to its investors and the strategic execution of its investment strategy. Sycamore Plaza,... Read more »
Westwood Financial Sells Yosemite Center in Greenwood Village, CO
LOS ANGELES, CA — Westwood Financial, a leading commercial retail real estate investment firm, has successfully sold Yosemite Center, a prime retail property located just south of the Denver Tech Center at 6570 South Yosemite Street in Greenwood Village, Colorado. The property was sold for $8.08 million, showcasing attractive overall returns to investors and the... Read more »
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 »
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 »
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 »
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 »
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 »
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