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| Matt Lougee |
“As a forward-looking
firm, we are committed to creating a best-in-class leadership team to drive the
expansion and management of our industry-leading portfolio,” explains Co-CEO Joe Dykstra. “This new appointment will
advance our long-term objective to grow our platform, refine our corporate
strategy, and strengthen our capital relationships, thereby positioning us to
better serve our clients and investors.”
In this role, Lougee will
be responsible for spearheading Westwood’s corporate strategy and finance. He
will also facilitate financing for the firm’s retail investments, oversee
capital formation and investor relations, and negotiate joint-venture
partnerships.
 |
| Joe Dykstra |
“Matt brings over a decade of real estate finance experience, specifically in value-oriented shopping centers, and will be integral in guiding the growth of our firm,” adds Co-CEO Randy Banchik.
“This new addition to our executive leadership team, coupled with our recent consolidation of 275 partnerships into a single entity, reflects our commitment to evolve from a traditional real estate sponsor into a sophisticated real estate institution, and will position us to stay competitive in this evolving retail landscape.”
Prior to Westwood, Lougee
served as a Senior Vice President of Finance at DDR Corp., a REIT that owns
over 300 open-air shopping centers, where he was involved in asset management,
transactions, capital formation, corporate finance and accounting, and investor
relations.
He graduated from Colgate
University and is also a graduate of DDR’s management training program.
For more information on the company, please contact:
Lauren Burgos / Lexi
Astfalk
Brower, Miller & Cole
(949) 955-7940
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