Westwood Financial is a privately held retail real estate investment firm based in Los Angeles that owns and operates grocery-anchored and service-oriented shopping centers. Founded in 1970 by Howard Banchik and Steven Fogel, the company has built a portfolio of more than 120 shopping centers across top U.S. metropolitan markets. The firm focuses on acquiring and managing neighborhood and community shopping centers that serve daily consumer needs, with properties strategically positioned in high-growth Sunbelt markets including Atlanta, Phoenix, Dallas, Charlotte, Denver, Orlando, and Raleigh. The company's investment approach centers on value-add opportunities within necessity-based retail, targeting grocery-anchored centers and service tenants. Westwood Financial maintains a vertically integrated platform that includes acquisition, asset management, property management, and leasing operations. The firm has completed over $4 billion in transactions throughout its history and has recently expanded its debt capacity, securing nearly $80 million in new debt capital and extending its credit facility by $145 million to $470 million total in 2025. In July 2025, the firm appointed KC Bills as Chief Executive Officer, marking a generational leadership transition after more than five decades under founders Banchik and Fogel, who now serve as Co-Chairmen. Bills joined from Phillips Edison & Company, where he served as Senior Vice President and President of the West Portfolio. Under current leadership, the portfolio achieved 97.4% leased occupancy and 5.9% same-store NOI growth in 2025, with the firm executing 249 lease transactions totaling 922,100 square feet. Recent acquisitions include Eastway Square in Charlotte, Shops at Stone Creek in Rockwall, Texas, and Glenwood Park in Atlanta, while the firm strategically exited the Albuquerque market through the sale of Wyoming Mall.