Pacific Oak Strategic Opportunity REIT Inc. has announced that its board's special committee has unanimously agreed to pursue a plan of liquidation, pending board and stockholder approval. The company has entered into an agreement with its subsidiary, Pacific Oak SOR (BVI) Holdings, Ltd., under which the BVI will engage Westdale Asset Management, Ltd. and R2 Advisors, LLC for asset management and management services, respectively. As part of this transition, Pacific Oak Strategic Opportunity REIT Inc. will terminate its advisory agreement with Pacific Oak Capital Advisors, LLC, effective January 31, 2026. The BVI has also agreed to provide the company with up to $905,000 in funding over the next three months to support working capital and compliance obligations as the company moves forward with its liquidation plan.

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