Stockdale Capital Partners has launched the SCP Healthcare Real Estate Income Fund, which the Los Angeles-based real estate firm says will focus on acquiring core-plus health care real estate properties across the US.
Stockdale kicked off the fund with the purchase of a 147K SF medical center in Los Angeles located at 2100 West 3rd Street for an undisclosed price. According to the company, the building is 99% leased to tenants including Children's Hospital of Los Angeles and AltaMed Health Services.
"We believe now is an excellent time in the market to acquire best-in-class medical office assets," said Daniel Michaels, managing partner, Stockdale, in a statement.
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