Together with
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 12-year high record industrial vacancies and a new luxury real estate JV.
Today’s issue is sponsored by DealNav - the simple and affordable CRM and deal management tool with easy interface and integrated map.
SPACE CASE: US industrial vacancies hit highest level since 2013 as supply outpaces demand. Read more here.
HIGH END: Mubadala Capital and Cain launch multibillion-dollar venture targeting global luxury real estate. Read more here.
HAPPY GLAMPERS: Luxury RV parks surge as investors chase $30B outdoor hospitality boom. Read more here.
CHILLY RECEPTION: New York State Common Retirement Fund commits $200M to Westport Capital cold storage co-investment vehicle. Read more here.
IOS: Marcus & Millichap sells 9.52 acre IOS in Chicagoland for $17.4M. Read more here.
SMALL BAY: Adler Real Estate Partners buys Charlotte, NC, small bay park for $25.5M. Read more here.
SMALL BAY: Miami investors sell 90,000 SF small bay portfolio for $22.75M. Read more here.
COLD STORAGE: Americold opens $100M+ cold storage hub in Kansas City, MO. Read more here.
SELF-STORAGE: National Storage Affiliates acquires 749-unit storage facility in Bellport, Long Island, including RV and boat spaces. Read more here.
Want deeper insights on industrial alts? Subscribe to IOS List, Small Bay List, and Cold Storage List.
BTR: Hines launches leasing at Meadowlark, 129 single-family rental homes in Wildflower Ranch, Justin, Texas. Read more here.
BTR: Marquesa Capital plans 125-unit build-to-rent community near University Town Center in Sarasota, Fla. Read more here.
SENIOR HOUSING: Construction begins on $48.9M Enfield Manor redevelopment in Connecticut for older, disabled residents. Read more here.
SENIOR HOUSING: Heritage Communities acquires MorningStar at Arrowhead, rebrands as Orchard Pointe in Glendale, Ariz. Read more here.
STUDENT HOUSING: TSB Realty sells 68-unit luxury student housing near Oregon State University. Read more here.
Want deeper insights on housing alts? Subscribe to BTR List and Student Housing Daily.
MEDICAL OFFICE: Stonemont acquires 24,622-square-foot medical office building in Canton, Ga. Read more here.
LIFE SCIENCE: Thorofare provides $50.5M bridge loan for East Cambridge, Mass., life science assets. Read more here.
LIFE SCIENCE: IIP invests $270M in IQHQ to expand life science real estate portfolio. Read more here.
CO-WORKING: Big cities shrink co-working footprint while smaller towns see rising space demand. Read more here.
Want deeper insights on office alts? Subscribe to Med Office List.
RV PARK: Great Escapes expands Southwest footprint with El Paso, Texas, RV park acquisition. Read more here.
RV PARK: Allentown, Fla., developer proposes 49-stall RV park on 10-acre Santa Rosa County site. Read more here.
MARINA: New Haven Marinas expands Kentucky footprint with Kuttawa Harbor acquisition. Read more here.
MARINA: Lake Erie’s Harbor Point Marina set for public auction in September. Read more here.
“the train will be too noisy for my dead father” is probably the funniest NIMBY argument I’ve ever heard
— #Armand Domalewski (#@ArmandDoma)
3:52 PM • Aug 12, 2025
DATA CENTER: Nixxy acquires EDGE data centers for $3.65M to expand AI infrastructure in U.S. and Canada. Read more here.
DATA CENTER: Blueprint Data Centers breaks ground on first Texas sites to power AI workloads by 2026. Read more here.
DATA CENTER: Hut 8 breaks ground on $12.5B Louisiana data center, first phase to open 2026. Read more here.
CRYPTO MINING: Thumzup Media raises $50M on infrastructure to enter crypto mining, expanding beyond social media marketing. Read more here.
CRYPTO MINING: Cango acquires 50MW Bitcoin mining facility in Georgia for $19.5M, expanding crypto infrastructure footprint. Read more here.
Want to go deeper on InfoTech alts? Subscribe to Data Center View.
EXTENDED STAY: Partners Capital buys Homewood Suites near Houston Galleria, plans multimillion-dollar renovation. Read more here.
EXTENDED STAY: SilverDoor and Synergy merge, creating global serviced apartment and corporate housing leader. Read more here.
EXTENDED STAY: Highside secures $500M to expand Everhome Suites across U.S. markets. Read more here.
BOUTIQUE: Hyatt acquires Bunkhouse Hotels, expanding loyalty program to 7 US and Mexico properties. Read more here.
BOUTIQUE: Airbnb plans aggressive expansion into hotels, targeting independent properties worldwide for more bookings. Read more here.
→ Make someone’s day. Forward CREalts to clients and colleagues!
~~
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.
