Good morning. Welcome to CREalts! Every day, we cover the top stories in alternative CRE sectors. Today, we learn about retail’s stunning recovery and Alterra’s Atlanta acquisitions.
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Today’s issue is sponsored by BTR Summit — Atlanta 2026. High-signal. Recognizable names. Curated attendance. Request an invitation here → link
STORE FRONT: Retail is leading the post-COVID CRE recovery. Read more here.
YARD SALE: Alterra IOS buys 5 industrial outdoor storage properties totaling 32 AC in Atlanta metro. Read more here.
GREEN DEALS: Nuveen Green Capital closes CPACE Lending Fund IV round with more than $1B in commitments — its largest fundraise yet. Read more here.
BYTE BUCKS: Nebius raises $5.75B in securitized debt to build out global data center footprint. Read more here.
LUXURY: Behind the battle lines in the fight over NYC’s storied Pierre Hotel. Read more here.
EXTENDED STAY: Highline Hospitality Partners buys dual-branded Element San Antonio Riverwalk and AC Hotel San Antonio Riverwalk. PLAYER: Chuck Pomerantz. Read more here.
LIMITED SERVICE: Brasswater buys Hampton Inn & Suites in Lakeland, FL, for $22M. PLAYER: Simon Yeramian, Sophia Pittaluga, Robert Taylor. Read more here.
BOUTIQUE: JMF Properties plans 150-key hotel along with other mixed-use development in Hanover, NJ. Read more here.
REHAB: Investors are buying and fixing up distressed hotels. Read more here.
BTR SUMMIT - PANELISTS ANNOUNCED
Join hundreds of BTR owners, developers, investors, and brokers for a premier build-to-rent event in Atlanta on November 10th. Hear from the CEOs of Parkland Residential, ARK Homes For Rent, Trilogy Investment Company, Center Park Group, Jim Chapman Construction, Laseter Development Group, and more!
Secure your tickets here: BTR Summit Tickets
*Only a handful of Early Bird tickets remain at a $100 discount
ENTERTAINMENT VENUE: UMusic plans 5-star resort with amphitheater in Austin, TX. Read more here.
CINEMAS: Sony to reopen Cinerama Dome and ArcLight Hollywood under Alamo Drafthouse banner. Read more here.
SPORTS DISTRICT: Dallas Stars hopes $3B development in Plano, TX, will draw office tenants. Read more here.
CASINO: Bally’s faces liquidity concerns, raises doubts about future. Read more here.
GOLF COURSE: Related Digital buys Rustic Glen Golf Course in Saline Township, MI, promises it won’t be redeveloped. 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.
