NewMark Merrill Companies Promotes Jessica Ramirez to New Director of Finance
Woodland Hills, CA (September 7th, 2021) – Newmark Merrill Companies, Inc., a Woodland Hills, California-based retail shopping center owner, is pleased to announce the recent promotion of longtime veteran Jessica Ramirez to the newly created position of Director of Finance. In her new role, Mrs. Ramirez will work directly with President and Chief Executive Office Sandy Sigal and the entire Acquisitions and Development Department analyzing financial information for new properties, existing properties, and new investor opportunities across the entire California, Colorado, and Illinois portfolio. She will also support the Operations Department in budgeting and forecasting.
Mrs. Ramirez previously held the position of Controller, overseeing the day-to-day operations of the Accounting Department and managing the financial services for over 85 properties and 25 employees. Starting at NewMark Merrill over 25 years ago, Mrs. Ramirez is one of the longest tenured employees at the company currently and started in Accounts Payable before transitioning to a Property Accountant and then to her previous position as Controller for over the last 10 years. There she managed and worked closely with the entire Accounting Department on various financial and accounting processes from budgeting to accounts payable/receivable to reporting, construction accounting oversight and payments, forecasting, risk and insurance oversight and investor relations throughout the organization.
In her new role as Director of Finance, Mrs. Ramirez will focus on the financial analysis of potential developments, acquisitions, and existing assets, help create mid and long-range cash flow studies, help generate analysis and packages for perspective lenders, investors, and team members and provide a perspective of both projected and actual performance of all NewMark Merrill assets. Mrs. Ramirez will work closely with the NewMark Merrill Acquisitions team creating and analyzing financial models to support valuation, planning, and provide input as the company continues to look for new shopping center acquisition and development opportunities.
“Jessica is a tremendous talent and team member for us here at NewMark Merrill, not only being one of longest standing employees who started with the formation of this company in 1997 but has always been and remains someone who brings her knowledge and passion to every project she is involved in, and with each team members she mentors,” commented Sandy Sigal, President and Chief Executive Officer of NewMark Merrill Companies. “Watching Jessica succeed in various positions since our inception, her outstanding work ethic and dedication to her position has been an example to all of our employees over the years and I am excited to continue to work with her in this new position as we continue to grow. NewMark Merrill’s best years are ahead, and with the focus strong operators being the most successful in the shopping center space, we are well positioned with the team we have built to continue to grow and succeed.”
NewMark Merrill Companies continues to hire for multiple positions currently open across the portfolio. If you are interested in learning more about joining our team, please visit NewMarkMerrill.com/careers.
About NewMark Merrill Companies
NewMark Merrill Companies, Inc. owns or manages a portfolio of over 85 shopping centers valued at more than $2 billion. Since 1987, President and Chief Executive Officer Sandy Sigal has led the company of shopping centers representing over 1,800 tenants and 10 million square feet in California, Colorado, and Illinois. The company has founded and invested heavily in BrightStreet Ventures, its technology company, which is working on leading edge solutions for property owners and merchants to succeed in today’s retail environment. For more information, please visit NewMarkMerrill.com.