Stockdale Capital Partners Aims for $300M in Loans by 2028 Via New Credit Platform – Commercial Observer
Stockdale Capital Partners, a vertically integrated, Los Angeles-based real estate investment firm, has launched a real estate credit platform that aims to make $300 million worth of loans in the next 12 months.
The new credit platform will specialize in deploying capital as senior bridge loans, mezzanine debt, special situation investments and even note purchases across numerous asset classes and different U.S. geographies.
The loans will vary in size, but are likely to fall in the $15 million to $75 million range, and prioritize office, life sciences and hospitality assets, according to a release. Commercial Mortgage Alert first reported the news.
Stockdale Capital Partners has tapped Alec Maki, who has spent the last seven years at Fortress Investment Group specializing in real estate debt origination, for the role of senior vice president of credit investments.
Maki will work alongside an old Fortress ally, Chase Jensen, now Stockdale’s managing director of acquisitions.
“By leveraging the firm’s vertically-integrated operational expertise across asset classes, we will be able underwrite transactions more efficiently, better assess risks with greater conviction, and structure flexible capital solutions for borrowers facing complex situations,” said Maki in a statement.
Daniel Michaels, co-founder and managing partner, said the firm aims to leverage its ever-expanding operating platform — the firm manages $4.5 billion of assets — to originate debt investments “with greater scale, focus and consistency.”
“We see tremendous opportunity to build a premier real estate credit platform,” said Michaels.
Brian Pascus can be reached by bpascus@commercialobserver.com.
