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LOS ANGELES-A note secured by an apartment complex in Santa Monica has sold for 80 cents on the dollar, and a note on a mixed-use project in San Pedro has sold for 32 cents on the dollar, according to principal Matt Ayer of Agoura Hills-based RcmaGroup. Ayer tells GlobeSt.com that in both cases the buyer of the note intends to gain control of the underlying collateral.


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