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Westwood Financial, the Los Angeles-headquartered retail real estate investment firm, announced that CEO Mark Bratt will retire at the end of the month.

Bratt has been Westwood’s CEO since January 2019. He was previously a senior managing director at CBRE, and earlier in his career he served as chief investment officer at DDR Company and executive director at Morgan Stanley Real Estate.

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The company, which has a portfolio value of over $1.5 billion across 90 assets primarily in Sunbelt and growth markets, did not immediately name a successor to Bratt.

“After six fulfilling years at Westwood Financial, I have decided it was time to begin the next chapter in my career,” Bratt said. “I want to express my gratitude and appreciation for the opportunity to work with many talented and dedicated colleagues, our investors, the brokerage community, our bankers, the founders and board.”

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