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New funding will fuel the continued growth of key assets in the firm’s national portfolio of retail properties Westwood Financial, a more than 50-year-old retail real estate investment firm based in Los Angeles, has announced via press release that it has closed on a $70-million term loan upsize to the firm’s unsecured credit facility.
Santa Monica-based Macerich Company acquired a 40% stake in Pacific Premier Retail Trust for $122 million on October 24.
