LOS ANGELES—Michael Sachs, founder of Westrec Financial, has died; he was 77. He passed away at his home, peacefully, on April 11.
Sachs founded Westrec Financial in 1987; he was also the brain trust behind the formation, development and capitalization of Westrec Marinas.
Prior to Westrec, Sachs practiced law and was a partner at Agnew, Miller and Carlson; he also practiced law at Kindel and Anderson. He started his own firm, Sachs and Phelps, in 1982 and served as the executive vice president and general counsel of Public Storage Inc. between 1982 and 1990.
Sachs is survived by: his wife, Maureen; sister, Rosanne Ezer; nieces, Debbie and Melissa; and, grandnephews, Bradley and Derek.
His immediate family held a private service and requested privacy during the mourning process. The family also requested no flowers or phone calls to the residence.
Those seeking to send a card or remembrance are asked to mail them to Westrec, which is at 16633 Ventura Boulevard, Suite 600, Encino, California 91436.
Donations to the charity of your choice, in the memory of Sachs, are also acceptable.