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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 Augusta National’s $500B real estate empire and QTS’s latest fundraising effort.

Today’s issue is sponsored by BTR Summit — Atlanta 2026. High-signal. Recognizable names. Curated attendance. Request an invitation here → link

PROPERTY MASTERS: How Augusta National built a $500M ‘secret’ real estate portfolio. Read more here.

BOND VOYAGE: Blackstone-backed QTS set to raise $4.6B. Read more here.

LEASE LOCKS: NYC considers rent stabilization for commercial properties. Read more here.

UNDER FIRE: Indianapolis councilman’s house shot at over data center. Read more here.

BOUTIQUE: Beaufort, NC’s Inlet Inn trades hands for undisclosed sum. PLAYERS: Richard Redmond, Christopher Passeggiata, Gabriel Shamay. Read more here.

LUXURY: Luxury operators plan San Antonio projects despite dwindling demand. Read more here.

LUXURY: Mondrian Los Angeles is relaunched as The Valorian Los Angeles, Curio Collection by Hilton. Read more here.

EXTENDED STAY: Milwaukee area Extended Stay America sells for $11M. Read more here.

EXTENDED STAY: Sandpiper Hospitality opens Extended Stay America Premier Suites near Denver Intl. Airport. Read more here.

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ARENA: New sports complex at Pepperdine University nears completion. Read more here.

CASINO: Realberry, Proper Hospitality get $298M to redevelop historic hotel as resort and casino near Lake Tahoe. Read more here.

MARINA: Marina Holdings, Resilient Marinas partner to buy Irwin Marine on New Hampshire’s Lake Winnipesaukee. Read more here.

SPORTS COMPLEX: Colorado county approves contracts and financing to build a massive new sports complex. Read more here.

DESTINATION: Palm Beach Co. plans sports complex, concert venue, and more. 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.

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