Stockdale Capital Launched Distressed Lending Division

The Los Angeles-based firm is targeting $300 million in bridge and mezzanine loans for distressed properties.

Updated on Oct. 2, 2026 in Commercial

Isometric editorial illustration of a single steel support column in a minimalist urban landscape, symbolizing structural debt for distressed real estate. — Stockdale Capital Partners has established a new lending division in Los Angeles, aiming to provide $300 million in debt for distressed office and hospitality properties. AI Illustration. Upload story photo >

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Los Angeles-based Stockdale Capital Partners launched a new business unit in the summer of 2026 to provide flexible debt to distressed office, hotel, and life sciences assets. The firm hired Alec Maki to lead the initiative, which focuses on loans ranging from $15 million to $75 million.

Why it matters

The move addresses a financing gap left by larger institutions that are currently avoiding small-dollar special situation loans. This shift comes as elevated interest rates continue to create liquidity challenges for various property owners across the country.

Stockdale Capital manages $3 billion in assets and aims to deploy $300 million in loans over the next 12 months. The firm targets deal sizes between $15 million and $75 million, focusing on sectors like office space, hotels, and life sciences.

The players

Stockdale Capital Partners

A Los Angeles-based investment firm that currently manages $3 billion in assets and specializes in real estate.

Alec Maki

A veteran finance professional hired in 2026 to serve as a senior vice president and lead the firm's new lending business line.

The details

Stockdale Capital employs a contrarian investment strategy to enter markets during periods of global uncertainty. The new lending division provides senior bridge loans, mezzanine debt, note purchases, and other special situation investments.

Stockdale hired Alec Maki as a senior vice president during the summer of 2026.
The Federal Reserve raised benchmark interest rates in September 2026.
The firm intends to deploy $300 million in capital over the next 12 months.

Culture Shift

The emergence of specialized lending units reflects a broader transition within real estate finance as firms adapt to a high-interest rate environment. This move represents a strategic pivot toward private credit as a substitute for traditional institutional bank lending.

The establishment of this lending desk in Los Angeles may increase capital availability for developers struggling with high-interest debt loads on local office and hotel projects. Owners of distressed assets in the area may gain access to financing options that were previously unavailable.

The takeaway

Firms are increasingly looking toward niche debt strategies to navigate persistent economic uncertainty. Investors and developers should watch for similar private lending maneuvers as traditional credit markets remain cautious regarding distressed assets.