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Good morning. Welcome to CREalts! Every day, we cover the top stories in alternative CRE sectors. One scroll saves you hours. Today, we learn about SunLife’s acquisitions of BGO, Crescent, and Bell Partners and why Miami Beach retailers aren’t worried about a lack of spring breakers.
Today’s issue is sponsored by BTR Summit — Atlanta 2026. High-signal. Recognizable names. Curated attendance. Request an invitation here → link
BETTING BILLIONS: Sun Life goes on $2B spending spree, buys out BGO, Crescent Capital, and Bell Partners. Read more here.
PARTY CITY: Miami Beach “breaks up” with spring breakers, but retailers aren’t concerned. Read more here.
REIT STUFF: Digital Realty closes $3.25B fund for data center acquisitions. Read more here.
BOT BOSSES: How will agentic AI affect commercial real estate operations? Read more here.
BOUTIQUE: Ashford Hospitality Trust sells historic La Posada de Santa Fe hotel in New Mexico. PLAYERS: Kami Burnette, Brian Embree. Read more here.
BOUTIQUE: Eight Form buys Palihouse Santa Barbara in California for $16.75M. PLAYER: Marc Schillinger. Read more here.
LUXURY: Blackstone buys Stanly Ranch in Napa Valley, CA, after ownership defaulted on $220M loan. PLAYER: Scott Trebilco. Read more here.
EXTENDED STAY: Aspen Hotels announces major expansion of Alaska portfolio, including 3 former Extended Stay America properties. Read more here.
SHORT TERM RENTAL: STR operators in World Cup host cities face increased licensing and insurance requirement enforcement. Read more here.
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STADIUM: Jackson Co., MO, plans future of Truman Sports Complex after KC Chiefs’ and Royals’ leases expire in 2031. Read more here.
MARINAS: Blackstone evicts historic tall ship from Safe Harbor Marina in San Diego. Read more here.
MARINAS: TopSide Marinas buys Campbell Point Marina in Shell Knob, MO. Read more here.
CAMPGROUND: Silver Creek Campground in Louisiana’s Northshore region sells for $2.5M. Read more here.
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Disclaimer: The authors of CREalts are not finance or tax experts. This email is for educational use and not financial advice. Do your own research and consult with professionals before making financial decisions. Our content, which may contain affiliate links and sponsor posts, is subjective and not to be used as the only basis for such decisions. We are not responsible for any losses from relying on this information. Past performance of any asset is not indicative of future results.
