The five Ocean West founders are Troy Miller, Russ Allegrette, Ted Bischak, Phil Choi and Peter Swain. Miller formerly was regional head of dispositions and workouts at Centerline Capital Group, Allegrette was president of Maguire Investments, Bischak was SVP of asset management for Maguire Properties, Choi was a VP at Maguire Investments and Swain was an associate at the law firm of Gilchrist & Rutter.

[IMGCAP(2)]Miller points out that Ocean West's principals have executed more than $50 billion of commercial real estate transactions, managed more than 55 million square feet of commercial real estate and over 6,000 apartment units, completed more than 30 million square feet of leasing and restructured more than $3 billion of troubled real estate debt. Among the key areas in which the team has expertise, he says, are asset management, capital transactions (acquisitions, dispositions, and debt & equity financing), property management, leasing, bankruptcy and foreclosures, analytics and due diligence, as well as balance sheet and securitized loan workouts. In addition, Ocean West's investment fund will deploy capital to acquire real estate assets and loans or invest in distressed situations.

Miller will focus on lender advisory, workouts and restructurings, loan sales, and structured investments. At Centerline, he lead-managed the sale of over $1 billion of performing and non-performing loans and was the manager on over $1 billion of loan workouts, restructurings and joint ventures. Additionally he was the co-manager of a $250 million joint venture equity fund with CalPERS. He was previously the head of West region lending for Nomura Credit & Capital and was a real estate banker at JP Morgan and Merrill Lynch.