Raises Additional $145 Million in Capital, Accelerating Long-Term Growth Strategy
Summary
The expanded facility includes meaningful spread compression, reflecting Westwood Financials improved credit profile, and provides additional capacity and flexibility to support the companys continued growth. We are pleased to continue leading Westwood Financials banking facility and to support the firms ongoing growth initiatives, said Andy McKown, Managing Director of KeyBanc Capital Markets Real Estate Syndications. The expanded revolving credit facility will provide additional low-cost liquidity, allowing the firm to capitalize on opportunities as they arise.In addition to this upsize, Westwood has completed the refinancing of The Boardwalk at Andersen Springs in Chandler, Arizona and The Shops at Walnut Creek in Westminster, Colorado, in a deal amounting to $50.8 million, putting the firms total capital raised in 2025 at nearly $200 million.Westwood Financial celebrated its 55th anniversary earlier this year. The firm owns and manages more than 125 properties with a 96% occupancy across its portfolio and has a dominant presence in the Sunbelt region.For more information about Westwood Financial, visit its website and follow along on LinkedIn and Instagram.About Westwood FinancialWestwood Financial owns, manages, and operates over 125 high-quality shopping centers in top U.S. metropolitan markets, including Atlanta, Charlotte, Dallas, Denver, Los Angeles, Orlando, Phoenix, and Raleigh. Established in 1970 by Howard Banchik and Steven Fogel, Westwood Financial is headquartered in Los Angeles, with regional offices in Atlanta, Dallas, and Phoenix.