Stockdale launches open-ended healthcare fund, makes seed acquisition

Stockdale Capital Partners, a Los Angeles-based, vertically integrated real estate investment firm, has launched a new open-ended healthcare fund and acquired its seed investment.

Stockdale has acquired a 147,078-square-foot medical office building in Los Angeles on behalf of the fund. The building is 99 percent leased to major tenants, including Children’s Hospital of Los Angeles, Providence Health & Services and AltaMed Health Services Corp.

“We are excited about the launch of our new open-ended fund effort and believe now is an excellent time to be in the market to acquire best-in-class medical office assets,” said Daniel Michaels, managing partner at Stockdale. “We look forward to growing this vehicle successfully across the U.S., starting in Los Angeles, with 2100 West 3rd St Medical Center.”