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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 Pimco’s possible funding of a massive Michigan data center and LA CRE investors’ Olympic dreams.
Today’s issue is sponsored by BTR Summit — Atlanta 2026. High-signal. Recognizable names. Curated attendance. Request an invitation here → link
BIG BYTE: Pimco in talks to provide $14B in financing for massive Oracle data center in Michigan. Read more here.
GO FOR THE GOLD: Investor interest in Los Angeles CRE picks up momentum ahead of 2028 Olympics. Read more here.
HIGH-FLYING: Bain Capital directors weigh in on aviation real estate. PLAYERS: Jared Melnik, Christopher Leddy. Read more here.
PLUG ME IN: The number of high-speed EV fueling stations has grown by 25% year-over-year. Read more here.
BTR: Florida investor buys North Carolina build-to-rent community for $31M. PLAYER: Peter Von Der Ahe. Read more here.
BTR: Parkland Residential secures zoning approval for 150-home BTR project in Georgia. Read more here.
STUDENT HOUSING: Tulane plans apartment-style housing project near campus. Read more here.
STUDENT HOUSING: Public-private partnerships are key to unlocking quick-changing student housing market. Read more here.
SENIOR HOUSING: Senior housing REIT eyes IPO after cumulative operating losses of $347M. Read more here.
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MED OFFICE: Farpoint Development and The Landes Group acquire Chicagoland MOB from PGIM Real Estate. PLAYERS: Vince Pryor, Alex Katz, Caleb Landes. Read more here.
MED OFFICE: Aspirus Health nears completion of $5M expansion of Michigan clinic. PLAYERS: Deanna Hayes, Abby Johnson. Read more here.
DISTRESSED: Some US office assets are selling at 90% discounts. Read more here.
DISTRESSED: Investors bought 204 US distressed office buildings in 2025, vs. 133 in 2024. Read more here.
DISTRESSED: Woodside buys 4-building distressed office campus in northwest Houston. PLAYERS: Parker Noble, Hunter Norris. 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.
