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Stockdale Capital closes $700 million fund to buy distressed West Coast properties

Global institutional investors back Los Angeles firm's bet on real estate recovery
Stockdale Capital acquired The Oaks, a regional mall in Thousand Oaks, California, from Macerich for $157 million. The firm plans to revitalize the property with upgraded common areas and expanded dining and entertainment offerings. (CoStar)
Stockdale Capital acquired The Oaks, a regional mall in Thousand Oaks, California, from Macerich for $157 million. The firm plans to revitalize the property with upgraded common areas and expanded dining and entertainment offerings. (CoStar)

A Los Angeles development firm is locking in capital from global institutional investors to take advantage of the wave of distress reshaping commercial real estate.

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