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LOS ANGELES-Santa Monica-based Ocean West Capital Partners has completed the acquisition of an eight-building 295-unit apartment portfolio in Costa Mesa, CA. The transaction was completed off-market in a direct negotiation with the seller, a private trust. 

The recently formed real estate investment, management and advisory firm, formed by five veteran real estate executives, was launched in early March to focus on distressed assets on behalf of lenders and owners. The company serves its clients through three primary avenues: advisory services, direct investment and property management.

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