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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 a lack of land for sale and how CRE pricing has popped.
Today’s issue is sponsored by BTR Summit — Atlanta 2026. High-signal. Recognizable names. Curated attendance. Request an invitation here → link
NO SPACE: US land inventory has shrunk nearly 24% since before pandemic. Read more here.
PROPERTY POP: US CRE pricing posts strongest annual gains since late 2022. Read more here.
RACK CITY RICHES: Blackstone’s data center portfolio exceeds $150B and is expected to quickly double. PLAYER: Stephen Schwarzman, Jon Gray. Read more here.
JUICED UP: Smoothie King rolls out new store design, plans aggressive growth. Read more here.
STUDENT HOUSING: Landmark Properties and Kane Properties buy 128-bed student housing asset in Athens, GA. PLAYER: JD Goering. Read more here.
STUDENT HOUSING: LV Collective and Peninsula Investments close financing for $125M student housing tower project in College Station, TX. Read more here.
BTR: Alpine Start Development plans 1,000-unit master-planned rental company in Waxahachie, TX. Read more here.
BTR: Walker & Dunlop arranges $71M refinance for Colorado SFT and townhome community. PLAYERS: Aaron Appel, Jonathan Schwartz, Adam Schwartz, Keith Kurland, Sean Reimer, Michael Ianno, Christopher de Raet, Jason Schwartzberg, Justin Nelson, PJ Feichtmeier. Read more here.
SENIOR HOUSING: Investcorp buys portfolio of multifamily and senior housing units for $200M. Read more here.
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MED OFFICE: Fleming Island Medical Plaza in Florida sells for $24.12M. PLAYERS: Chris Bodnar, Brannan Knott, Zack Holderman, Anthony Sardo, Cole Reethof, Jesse Greshin, Bruce Jackson. Read more here.
MED OFFICE: CBRE sells Kanis Medical Plaza in Little Rock, AK, to Laramar Group. Read more here.
DISTRESSED OFFICE: $54M Playa Vista, CA, offices enter special servicing amid vacancy, tenant loss pressures. Read more here.
GOVERNMENT OFFICE: White House consolidates agencies into shared spaces to vacate federal buildings for sale. Read more here.
CO-WORKING: Kiln expands upscale, lifestyle-focused co-working model into Reno, NV. PLAYER: Peter Frenette. Read more here.
CO-WORKING: WeWork launches office pod concept. 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.
