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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 Blacktone’s data center REIT IPO and a pivot from sneakers to AI.
Today’s issue is sponsored by Data Center Dealmakers: Southeast — join 500+ data center pros from QTS, Arcapita, Menlo Digital and others in the room where deals happen in Atlanta on October 7, 2026. Waitlist open here→ link
THE REIT STUFF: Blackstone data center REIT files for $100M IPO. Read more here.
SNEAKERS TO SERVERS: Shoe maker Allbirds pivots to AI company with fresh $50M financing facility for compute infrastructure. Read more here.
INDUSTRIAL INCREASE: US industrial market gets boost from increased leasing demand. Read more here.
BTR BOOM: Shortage of 10M homes breathes new life into build-to-rent demand. Read more here.
DATA CENTERS: Crusoe to invest $200M in Colorado manufacturing facility for modular AI data centers. Read more here.
DATA CENTERS: 26North Partners raises nearly $6B for data centers and AI infrastructure. Read more here.
DATA CENTERS: Robot dog makers target data centers as new security market. Read more here.
DATA CENTERS: Most new data centers in the US are being built in rural areas. Read more here.
DATA CENTERS: KDC takes 10% stake in Eagle Mountain Data. Read more here.
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Power. Land. Capital. Delivery. The high-signal event for the major players in Southeastern data center corridors. Get in the room here→ LINK
NUCLEAR: New Jersey lifts ban on nuclear power, citing data center energy demand. Read more here.
RARE EARTH: Vulcan Elements plans $918M rare earth facility near Raleigh, NC. Read more here.
PEOPLE MOVES: Newmark hires Senior Managing Director for Infrastructure Capital Markets segment. Read more here.
NAT GAS: Meta gets $3B in loans to fund off-grid natural gas plant, as well as new data center. Read more here.
SOLAR: Altus Power buys solar and storage project in Westchester Co., NY. 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.
