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Ocean West Capital Partners

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Namestring
Ocean West Capital Partners
Legal namestring
Ocean West Capital Partners
Websiteurl
oceanwestcp.com
Company typeenum
Private
Founded yearint
2009
Descriptiontext

Ocean West Capital Partners is a privately-held, full-service commercial real estate investment and management firm founded in 2009 and headquartered in El Segundo, California. The firm pursues Core, Core-Plus, and Value-Add/Opportunistic investment strategies across office, industrial, multifamily, and student housing properties in US gateway cities, with a portfolio encompassing 17.8 million square feet of commercial space and 6,185+ residential beds/units across 17 states, representing over $8.5 billion in lifetime commercial real estate transactions.

The firm operates a vertically integrated platform that combines investment management with in-house asset management, property management, construction management, capital markets, and loan advisory services. Its core customer base is institutional, comprising US pension funds, insurance companies, dedicated real estate funds, and family offices, with a particularly deep relationship network among Korean institutional investors (insurance companies, pension funds, and alternative asset managers) that has produced more than $3 billion in completed transactions and is served through a Seoul office opened in May 2024. Repeat joint venture partners include Tiger Alternative Investors, NH Investment & Securities, VEREIT, Rockwood Capital, and Camden Pacific Partners.

Ocean West generates revenue through a mix of recurring management and asset management fees on assets under management, property management service fees, loan advisory fees (with $6.6B+ in distressed loan advisory experience), and episodic transaction/capital markets fees from acquisitions, dispositions, and financings. Distribution is relationship-driven enterprise sales to institutional LPs, supported by content marketing (Leading Indicators podcast, white papers), PR, and direct engagement across its five-office US-Korea footprint.

Short descriptiontext

Ocean West Capital Partners is a privately-held, El Segundo-based commercial real estate investment firm that acquires and manages office, industrial, multifamily, and student housing assets on behalf of institutional investors, with deep relationships among Korean institutional LPs.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersEl Segundo, United States
HQ citystring
El Segundo
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices5 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
commercial real estate investment, asset management services, property management services, real estate lending advisory, institutional real estate
SIC code3 codes
  • Real Estate Dealers (For Their Own Account)6532
  • Investment Advice6282
  • Mortgage Bankers & Loan Correspondents6162
Product category
Commercial Real Estate Investment Management
Social media profiles1 record
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model5 records
1Investment Management Fees
TypeSubscription Recurring
Description

Management fees from managing real estate investments on behalf of institutional partners including pension funds, insurance companies, and family offices.

oceanwestcp.com
2Asset Management Fees
TypeSubscription Recurring
Description

Fees from providing asset management services including business plan implementation, budget monitoring, NOI growth initiatives, and investor reporting.

oceanwestcp.com
3Property Management Services
TypeProfessional Services
Description

In-house property management services covering accounting/reporting, risk management, construction management, acquisitions, dispositions, financings, and leasing oversight.

oceanwestcp.com
4Loan Advisory Services
TypeProfessional Services
Description

Advisory services on distressed loans exceeding $6.6 billion, including initial due diligence, strategy determination, execution, and post-strategy involvement.

oceanwestcp.com
5Capital Markets/Transaction Fees
TypeTransaction Fee
Description

Fees from acquisitions, dispositions, and financings across office, industrial, multifamily, and student housing properties.

oceanwestcp.com
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D
GTM typeB2B
B2B
Offering typeServices
Services
Brand1 record
1Ocean West Management Services
Description

Property management division of Ocean West Capital Partners that manages commercial and residential real estate properties

oceanwestcp.com
Core offering1 text field

Ocean West Capital Partners is a full-service real estate investment and management firm that acquires, operates, and disposes of commercial real estate assets including office, industrial, multifamily, and student housing properties. The firm provides integrated investment management, asset management, property management, construction management, and loan advisory services across the United States with a focus on gateway markets. Operations are supported by in-house property management and a proprietary policies and procedures program, with an institutional client base including pension funds, insurance companies, dedicated real estate funds, and family offices.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 6 values shown
  • Over $8.5 billion in commercial real estate transactions completed since founding
+5 more records
Product overview1 text field

Ocean West Capital Partners is a full-service real estate investment, operations, and management platform. The firm operates as a unified platform offering multiple integrated services: three investment strategies (Core, Core Plus, and Value Add/Opportunistic) for equity and debt investments in office, industrial, multifamily, and student housing; Loan Advisory Services for debt restructuring and recovery; Asset Management for portfolio oversight; Property Management for in-house facilities operations; and Construction Management for development and renovation projects. All services are coordinated through the firm's operating platform to create value across the entire real estate investment lifecycle.

Product and service7 records
1Core Investments
CategoryInvestment Strategy
Description

Investment strategy targeting recently constructed, long-term (7+ years remaining lease term), credit tenant leased office and industrial investments, both single-tenant and multi-tenant. Also targets traditional multifamily and student housing in dense urban locations or at top public universities. For institutional investor clients.

2Core Plus Investments
CategoryInvestment Strategy
Description

Investment strategy targeting multi-tenant office, industrial, traditional multifamily, and student housing properties in primary markets that are 75%-90% occupied with below-market in-place rents due to operational mismanagement or requiring limited renovation. For institutional investor clients.

3Value Add/Opportunistic Investments
CategoryInvestment Strategy
Description

Investment strategy targeting multi-tenant office, industrial, traditional multifamily, and student housing properties in primary and secondary markets requiring lease-up and/or extensive renovations to reposition and increase cash flows. For institutional investor clients.

4Loan Advisory Services
CategoryAdvisory Service
Description

Full range of services to lenders, borrowers, and investors including initial due diligence (financial, legal, physical, market, borrower), strategy determination (pay-off, refinance, restructure, loan sale, foreclosure), strategy execution, and post-strategy involvement including asset management and property management. Covers distressed loans exceeding $6.6 billion in advisory experience.

5Asset Management
CategoryManagement Service
Description

Asset management services bringing ownership perspective to drive performance through business plan implementation, budget development, NOI growth initiatives, capital investment analysis, hold/sell analysis, financing evaluation, leasing strategy, and investor/lender reporting. For institutional investors and portfolio assets.

6Property Management
CategoryManagement Service
Description

In-house property management professionals providing facilities management across commercial office, industrial, multifamily, and student housing properties. Includes accounting, risk management, construction oversight, and tenant relations. Operates through Ocean West Management Services subsidiary.

7Construction Management
CategoryManagement Service
Description

Construction management providing oversight for developments, repositionings and renovations including end-to-end schedule and budget management, strategic planning, risk mitigation, competitive contractor procurement, and technology-driven delivery for portfolio assets.

Scale indicator8 records

Each record includes

Type, Value, Description, Source

Partnership3 partners
Strategic tierStrategicTypeImplementation/ SI/ Consulting Partner
Description

Law firm that represented Ocean West and Tiger in the sale of the 7-property logistics portfolio. Also appears as podcast participant discussing debt markets and special servicing.

Strategic tierStrategicTypeImplementation/ SI/ Consulting Partner
Description

Commercial real estate brokerage that has represented Ocean West in multiple transactions including the 285 Madison foreclosure, 1301 Dove sale, and UCC auction marketing. Co-Head of Capital Markets participated in podcast.

Strategic tierStrategicTypeImplementation/ SI/ Consulting Partner
Description

Law firm that represented the mezzanine lender (Korean consortium) throughout the 285 Madison foreclosure process and was instrumental in formulating and executing the foreclosure strategy.

Recent move9 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

Global real estate investment firm with direct equity, debt, and securities strategies for institutional investors. Larger incumbent with overlapping institutional LP base, multi-strategy CRE focus, and global distribution footprint.

TypeBroad incumbent
Description

Major global real estate investment manager offering core, value-add, debt, and securities solutions to institutional investors. Larger incumbent comparable to Ocean West's institutional-client orientation, multi-strategy approach, and property-type breadth.

TypeDirect peer
Description

Real estate investment firm focused on value-add and core-plus office, multifamily, and mixed-use in major US markets. Direct peer to Ocean West given comparable middle-market strategy, JV structure with institutional capital, and overlapping product (e.g., the 1301 Dove JV).

TypeDirect peer
Description

Global real estate investment manager offering core, value-add, and debt strategies for institutional clients. Comparable integrated platform, multiple property type exposure, and ability to source both equity and debt capital.

TypeDirect peer
Description

Chicago-based multifamily and commercial real estate investment firm. Comparable to Ocean West in scale, multi-segment US strategy (multifamily, industrial, retail, senior housing), institutional LP base, and fully integrated platform approach.

TypeDirect peer
Description

Private commercial real estate investment adviser sourcing institutional capital for office, industrial, and multifamily value-add and core strategies. Comparable LP-base composition, property-type mix, and disposition-driven return profile to Ocean West.

TypeDirect peer
Description

NYC-based value-add real estate investment manager focused on office, multifamily, and hotel assets. Existing JV partner of Ocean West (e.g., 2600 Michelson) and directly comparable in strategy, scale, and institutional LP-driven structure.

TypeDirect peer
Description

Middle-market commercial real estate investment manager with both debt and equity strategies across office, industrial, multifamily, and senior housing. Comparable institutional LP model, deal size, and active asset management focus mirror Ocean West's full-service approach.

TypeDirect peer
Description

Private real estate investment manager focused on education, healthcare, and storage sub-sectors with institutional capital partners. Comparable scale, LP-driven thesis, and fully integrated investment/asset/property management structure.

TypeBroad incumbent
Description

Large diversified global real estate investment manager with debt and equity across property types and geographies. Broader incumbent with overlapping competencies in CRE equity, debt origination, and asset management that Ocean West competes with for institutional mandates.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers11 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment5 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile5 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

Integration4 records

Each record includes

Title, Type, Description, Source

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles9 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries2 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

Compliance3 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Ocean West Capital Partners

Commercial Real Estate Investment Managementoceanwestcp.com

Ocean West Capital Partners is a privately-held, El Segundo-based commercial real estate investment firm that acquires and manages office, industrial, multifamily, and student housing assets on behalf of institutional investors, with deep relationships among Korean institutional LPs.

What Ocean West Capital Partners does

Ocean West Capital Partners is a privately-held, full-service commercial real estate investment and management firm founded in 2009 and headquartered in El Segundo, California. The firm pursues Core, Core-Plus, and Value-Add/Opportunistic investment strategies across office, industrial, multifamily, and student housing properties in US gateway cities, with a portfolio encompassing 17.8 million square feet of commercial space and 6,185+ residential beds/units across 17 states, representing over $8.5 billion in lifetime commercial real estate transactions.

The firm operates a vertically integrated platform that combines investment management with in-house asset management, property management, construction management, capital markets, and loan advisory services. Its core customer base is institutional, comprising US pension funds, insurance companies, dedicated real estate funds, and family offices, with a particularly deep relationship network among Korean institutional investors (insurance companies, pension funds, and alternative asset managers) that has produced more than $3 billion in completed transactions and is served through a Seoul office opened in May 2024. Repeat joint venture partners include Tiger Alternative Investors, NH Investment & Securities, VEREIT, Rockwood Capital, and Camden Pacific Partners.

Ocean West generates revenue through a mix of recurring management and asset management fees on assets under management, property management service fees, loan advisory fees (with $6.6B+ in distressed loan advisory experience), and episodic transaction/capital markets fees from acquisitions, dispositions, and financings. Distribution is relationship-driven enterprise sales to institutional LPs, supported by content marketing (Leading Indicators podcast, white papers), PR, and direct engagement across its five-office US-Korea footprint.

Ocean West Capital Partners firmographics

Firmographics
Name
Ocean West Capital Partners
Legal name
Ocean West Capital Partners
Website
https://oceanwestcp.com
Company type
Private
Founded year
2009
Operating status
Operating
Headcount range
11–50 employees
Short description
Ocean West Capital Partners is a privately-held, El Segundo-based commercial real estate investment firm that acquires and manages office, industrial, multifamily, and student housing assets on behalf of institutional investors, with deep relationships among Korean institutional LPs.
Ownership category
akta.pro rank

Where Ocean West Capital Partners is headquartered

Location

Headquarters

HQ city
El Segundo
HQ country
United States
HQ region
North America

Offices5 records

Markets served

Ocean West Capital Partners business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

  1. Investment Management Fees: Management fees from managing real estate investments on behalf of institutional partners including pension funds, insurance companies, and family offices.
  2. Asset Management Fees: Fees from providing asset management services including business plan implementation, budget monitoring, NOI growth initiatives, and investor reporting.
  3. Property Management Services: In-house property management services covering accounting/reporting, risk management, construction management, acquisitions, dispositions, financings, and leasing oversight.
  4. Loan Advisory Services: Advisory services on distressed loans exceeding $6.6 billion, including initial due diligence, strategy determination, execution, and post-strategy involvement.
  5. Capital Markets/Transaction Fees: Fees from acquisitions, dispositions, and financings across office, industrial, multifamily, and student housing properties.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Ocean West Capital Partners product offering

Product offering

Core offering

Ocean West Capital Partners is a full-service real estate investment and management firm that acquires, operates, and disposes of commercial real estate assets including office, industrial, multifamily, and student housing properties. The firm provides integrated investment management, asset management, property management, construction management, and loan advisory services across the United States with a focus on gateway markets. Operations are supported by in-house property management and a proprietary policies and procedures program, with an institutional client base including pension funds, insurance companies, dedicated real estate funds, and family offices.

Product overview

Ocean West Capital Partners is a full-service real estate investment, operations, and management platform. The firm operates as a unified platform offering multiple integrated services: three investment strategies (Core, Core Plus, and Value Add/Opportunistic) for equity and debt investments in office, industrial, multifamily, and student housing; Loan Advisory Services for debt restructuring and recovery; Asset Management for portfolio oversight; Property Management for in-house facilities operations; and Construction Management for development and renovation projects. All services are coordinated through the firm's operating platform to create value across the entire real estate investment lifecycle.

Differentiator

Problem solved

Functional benefit

Brands

  • Ocean West Management Services: Property management division of Ocean West Capital Partners that manages commercial and residential real estate properties

Products and services

  • Core Investments Investment strategy targeting recently constructed, long-term (7+ years remaining lease term), credit tenant leased office and industrial investments, both single-tenant and multi-tenant. Also targets traditional multifamily and student housing in dense urban locations or at top public universities. For institutional investor clients.
  • Core Plus Investments Investment strategy targeting multi-tenant office, industrial, traditional multifamily, and student housing properties in primary markets that are 75%-90% occupied with below-market in-place rents due to operational mismanagement or requiring limited renovation. For institutional investor clients.
  • Value Add/Opportunistic Investments Investment strategy targeting multi-tenant office, industrial, traditional multifamily, and student housing properties in primary and secondary markets requiring lease-up and/or extensive renovations to reposition and increase cash flows. For institutional investor clients.
  • Loan Advisory Services Full range of services to lenders, borrowers, and investors including initial due diligence (financial, legal, physical, market, borrower), strategy determination (pay-off, refinance, restructure, loan sale, foreclosure), strategy execution, and post-strategy involvement including asset management and property management. Covers distressed loans exceeding $6.6 billion in advisory experience.
  • Asset Management Asset management services bringing ownership perspective to drive performance through business plan implementation, budget development, NOI growth initiatives, capital investment analysis, hold/sell analysis, financing evaluation, leasing strategy, and investor/lender reporting. For institutional investors and portfolio assets.
  • Property Management In-house property management professionals providing facilities management across commercial office, industrial, multifamily, and student housing properties. Includes accounting, risk management, construction oversight, and tenant relations. Operates through Ocean West Management Services subsidiary.
  • Construction Management Construction management providing oversight for developments, repositionings and renovations including end-to-end schedule and budget management, strategic planning, risk mitigation, competitive contractor procurement, and technology-driven delivery for portfolio assets.

Quantifiable outcome

  • Over $8.5 billion in commercial real estate transactions completed since founding
  • +5 more outcomes

Companies that use Ocean West Capital Partners

Customer profile

Named customers11 records

Segments5 records

Ideal customer profiles5 records

Ocean West Capital Partners technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Integration4 records

Feature3 records

Ocean West Capital Partners partnerships and signals

Strategic signal

Partnerships

Three partnerships are on record, tiered strategic.

  • K&L Gates LLPstrategicImplementation/ SI/ Consulting PartnerLaw firm that represented Ocean West and Tiger in the sale of the 7-property logistics portfolio. Also appears as podcast participant discussing debt markets and special servicing.
  • NewmarkstrategicImplementation/ SI/ Consulting PartnerCommercial real estate brokerage that has represented Ocean West in multiple transactions including the 285 Madison foreclosure, 1301 Dove sale, and UCC auction marketing. Co-Head of Capital Markets participated in podcast.
  • DLA Piper LLPstrategicImplementation/ SI/ Consulting PartnerLaw firm that represented the mezzanine lender (Korean consortium) throughout the 285 Madison foreclosure process and was instrumental in formulating and executing the foreclosure strategy.

Scale indicators8 records

Recent moves9 records

Expansion highlights6 records

Ocean West Capital Partners competitors and assessment

Company assessment

Broad incumbents

  • Heitman: Global real estate investment firm with direct equity, debt, and securities strategies for institutional investors. Larger incumbent with overlapping institutional LP base, multi-strategy CRE focus, and global distribution footprint.
  • AEW Capital Management: Major global real estate investment manager offering core, value-add, debt, and securities solutions to institutional investors. Larger incumbent comparable to Ocean West's institutional-client orientation, multi-strategy approach, and property-type breadth.
  • Barings Real Estate: Large diversified global real estate investment manager with debt and equity across property types and geographies. Broader incumbent with overlapping competencies in CRE equity, debt origination, and asset management that Ocean West competes with for institutional mandates.

Direct peers

  • Rockwood Capital: Real estate investment firm focused on value-add and core-plus office, multifamily, and mixed-use in major US markets. Direct peer to Ocean West given comparable middle-market strategy, JV structure with institutional capital, and overlapping product (e.g., the 1301 Dove JV).
  • BGO (Bentall Kennedy / GreenOak Real Estate): Global real estate investment manager offering core, value-add, and debt strategies for institutional clients. Comparable integrated platform, multiple property type exposure, and ability to source both equity and debt capital.
  • Waterton: Chicago-based multifamily and commercial real estate investment firm. Comparable to Ocean West in scale, multi-segment US strategy (multifamily, industrial, retail, senior housing), institutional LP base, and fully integrated platform approach.
  • KBS Realty Advisors: Private commercial real estate investment adviser sourcing institutional capital for office, industrial, and multifamily value-add and core strategies. Comparable LP-base composition, property-type mix, and disposition-driven return profile to Ocean West.
  • Dune Real Estate Partners: NYC-based value-add real estate investment manager focused on office, multifamily, and hotel assets. Existing JV partner of Ocean West (e.g., 2600 Michelson) and directly comparable in strategy, scale, and institutional LP-driven structure.
  • PCCP LLC: Middle-market commercial real estate investment manager with both debt and equity strategies across office, industrial, multifamily, and senior housing. Comparable institutional LP model, deal size, and active asset management focus mirror Ocean West's full-service approach.
  • Harrison Street Real Estate Capital: Private real estate investment manager focused on education, healthcare, and storage sub-sectors with institutional capital partners. Comparable scale, LP-driven thesis, and fully integrated investment/asset/property management structure.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

Ocean West Capital Partners social profiles

Digital presence

Ocean West Capital Partners compliance and trust

Trust signal

Compliance3 records

Ocean West Capital Partners financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Ocean West Capital Partners leadership team

Management profile

Number of profiles

Profiles9 records

Ocean West Capital Partners subsidiaries and ownership

Company hierarchy

Subsidiaries2 records

Ocean West Capital Partners funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Ocean West Capital Partners M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ocean West Capital Partners

What does Ocean West Capital Partners do?

Ocean West Capital Partners is a full-service real estate investment and management firm that acquires, operates, and disposes of commercial real estate assets including office, industrial, multifamily, and student housing properties. The firm provides integrated investment management, asset management, property management, construction management, and loan advisory services across the United States with a focus on gateway markets. Operations are supported by in-house property management and a proprietary policies and procedures program, with an institutional client base including pension funds, insurance companies, dedicated real estate funds, and family offices.

Is Ocean West Capital Partners a public or private company?

Ocean West Capital Partners is a private company. It is classified as founder individual operated bootstrapped and is currently operating.

When was Ocean West Capital Partners founded?

Ocean West Capital Partners was founded in 2009. It employs 11 to 50 people.

Where is Ocean West Capital Partners based?

Ocean West Capital Partners is headquartered in El Segundo, United States, in the North America region.

How does Ocean West Capital Partners make money?

Five revenue lines are on record. Investment Management Fees are the primary driver. The others are asset Management Fees, property Management Services, loan Advisory Services and capital Markets/Transaction Fees.

Who are Ocean West Capital Partners's main competitors?

Broad incumbents on record are Heitman, AEW Capital Management and Barings Real Estate. Direct peers are Rockwood Capital, BGO (Bentall Kennedy / GreenOak Real Estate), Waterton, KBS Realty Advisors, Dune Real Estate Partners, PCCP LLC and Harrison Street Real Estate Capital.

Does Ocean West Capital Partners have an API?

No public API is recorded for Ocean West Capital Partners.

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Live signals
The Mercury NewsEmpty San Jose tech campus once leased by eBay suffers loan defaultA tech campus in San Jose, California, that was once leased by eBay has defaulted on an $88.1 million loan, with the property's current valuation at $54.7 million representing a 59% decline from the $132.5 million purchase price in 2018. The four-building, 251,100-square-foot complex on North First Street has sat empty since eBay vacated in 2020, ceasing to produce rental income despite the lease not officially expiring until March 2026. A foreclosure could occur within months unless the owners—South Korea-based Hana Asset Management and Southern California-based Ocean West Capital Partners—find a buyer willing to cover the delinquent loan.AijournOcean West Announces Long-Term Lease Extension with the District of Columbia at Sentinel Square IIOcean West Capital Partners has successfully executed an eight-year lease extension with the District of Columbia at Sentinel Square II in Washington, D.C.'s NoMa submarket, despite the original lease not being set to expire until 2029. The extension increases the property's weighted average lease term by nearly five years and secures the tenancy of an investment-grade tenant (AA+ credit rating) that occupies approximately two-thirds of the building. This transaction represents a meaningful enhancement to the property's long-term income stability and value, with Ocean West coordinating closely with all stakeholders including the District, tenant and landlord representatives, and the property's lender.PR NewswireAlex Bender to Open and Head Ocean West's New York OfficeLos Angeles-based real estate investment firm Ocean West Capital Partners has hired Alex Bender as Managing Director of New York to lead its newly established New York office, focusing on expanding investment and advisory opportunities in the city. Bender brings over 15 years of East Coast real estate experience, having closed more than $6 billion in transactions and directly asset-managed a $3 billion portfolio, with prior roles at Jamestown and SL Green. The firm, which has acquired or advised on over $2 billion of New York assets in the past 24 months, stated this hire will provide on-the-ground presence in a key market.PR NewswireOcean West Announces Opening of Seoul, Korea OfficeOcean West Capital Partners announced the opening of its new office in Seoul, South Korea, on May 23, 2024. This expansion aims to strengthen relationships with Korean investors and leverage the firm's experience in US real estate markets. The company has previously completed over $3 billion in transactions with these partners.PR NewswireOcean West Capital Partners acquires $100M in Logistics Properties comprised of 1.83M Sq Ft in CaliforniaOcean West Capital Partners has acquired five logistics-focused properties totaling nearly $100 million and 1.83 million square feet in California's Inland Empire and Central Valley markets. The portfolio includes a 921,729 square foot industrial outdoor storage portfolio with four properties spanning 21.2 acres in the San Bernardino and Fontana submarket, as well as a 908,000 square foot advanced manufacturing facility in Hanford, CA that serves as Faraday Future's EV manufacturing headquarters. The acquisitions align with Ocean West's strategy to expand its industrial portfolio along the West Coast.PR NewswireOcean West Capital Partners Acquires 152,000 SF Smoky Hollow Flex Campus In Off-Market PurchaseOcean West Capital Partners has acquired the Smoky Hollow Flex Campus, a 152,000 square foot flex industrial campus on 5.1 acres in El Segundo, California, in an off-market transaction. The company plans to implement a comprehensive multimillion-dollar repositioning of the asset to serve aerospace, defense, technology, life science, and entertainment industries. The acquisition aligns with Ocean West's investment thesis targeting post-Covid demand for flex industrial and collaborative workspace.PR NewswireOcean West Acquires 442-Unit Inland Empire Multifamily PropertyAn investment consortium led by Ocean West Capital Partners, Tiger Alternative Investors, and NH Investment & Securities has acquired The Monterey, a 442-unit multifamily property in Corona, California, completing the transaction in September 2021. The property, which features resort-style amenities including two swimming pools, fitness studios, co-working space, and an outdoor movie theater, is located in the Inland Empire region that ranked #1 in apartment rental growth among U.S. metro areas last year. Camden Pacific Partners also joined the consortium, with all parties citing strong population and job growth in the Inland Empire driven by e-commerce and logistics sectors as key factors for the investment.PR NewswireSam Hooker to Open and Head Ocean West's NorCal/Pacific Northwest OfficeOcean West Capital Partners, a Los Angeles-based real estate investment firm, announced the appointment of Sam Hooker as Managing Partner to lead its newly established Northern California/Pacific Northwest office. Hooker brings over 35 years of West Coast real estate experience and a track record of closing more than 300 transactions totaling over $4 billion, having most recently served as Head of Acquisitions at Embarcadero Capital Partners. The hire expands Ocean West's operational coverage to encompass the entire Western Coast of the United States.PR NewswireOcean West Acquires 567-Bed Student Housing Property at UT AustinOcean West Capital Partners has closed on the acquisition of Moontower, a 567-bed student housing community at the University of Texas at Austin, as part of an investment group that includes Tiger Alternative Investors, Korea Investment & Securities, and Landmark Properties. The 18-story high-rise was completed before Fall 2020 and opened at nearly 100% occupancy, with strong leasing momentum for the 2021-2022 academic year. Over the past 15 months, this joint venture has acquired seven student housing assets totaling more than 4,400 beds and $800 million in value.PR NewswireOcean West and VEREIT Expand Industrial Joint Venture Partnership with Acquisition of a 2.3 Million SF Distribution and Warehouse Facility in Dallas, TexasOcean West Capital Partners closed on the acquisition of a brand-new 2.3 million square foot distribution and warehouse facility in Dallas, Texas for $246.7 million, leased long-term to a Fortune 500 investment-grade tenant. The purchase expands the industrial joint venture partnership between Ocean West, Tiger Alternative Investors, KIS, and VEREIT, marking the seventh property in their portfolio, which has acquired over $650 million of industrial assets over the past 15 months. The state-of-the-art facility is designed to maximize efficiency for e-commerce, traditional retail, and direct-to-consumer operations, positioned to service a radius of over 500 miles.