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 falling construction crane activity and the end of the proptech winter.
Today’s issue is sponsored by DealNav - the simple and affordable CRM and deal management tool with easy interface and integrated map.
CRANE COUNT: Construction crane activity falls 44% across North America, although Chicago and Denver buck the trend. Read more here.
WINTER IS OVER: Fifth Wall CEO says property tech survived its toughest years amid capital retreat and AI pivot. Read more here.
GRID EXPECTATIONS: Prologis gets power-hungry as it adds data centers to its industrial portfolio. Read more here.
SPACE CASE: CrowdStreet rebrands to Crowd Street (added a space!) as it opens up the aperture beyond commercial real estate after scandal. Read more here.
SMALL BAY: Small- and mid-bay industrial users navigate tariffs as shorter leases and rising vacancies persist. Read more here.
SHALLOW BAY: The Hype Real Estate Group sells Miami shallow bay for $5.8M. Read more here.
IOS: Industrial outdoor storage gains institutional interest as portfolios, data, and zoning shape investment opportunities. Read more here.
IOS: NAI James E. Hanson sells 1.3 acre IOS in NYC area for $3.3M. Read more here.
COLD STORAGE: Barber Partners, Bain Capital secure $59.8M refinancing for 303K-SF Denton, Texas, cold storage warehouse. Read more here.
➡ Want deeper insights on industrial alts? Subscribe to IOS List, Small Bay List, and Cold Storage List.
SENIOR HOUSING: Senior living occupancy hits 88.7%, NIC reports 17th consecutive quarterly increase. Read more here.
STUDENT HOUSING: Beekman on Broadway student-housing in Ann Arbor lists for $190M, a 2-year high. Read more here.
STUDENT HOUSING: Dwight Mortgage Trust funds $35M recap for Camber Villas, a 490-bed Bryan, Texas, student housing community. Read more here.
BTR: NextWave Investors buys 71-unit Ascension at Manistee Ranch from Kinella Capital for $23.45M. Read more here.
BTR: AMH proposes 178-unit BTR duplex and townhome community near Durham, North Carolina. Read more here.
➡ Want deeper insights on housing alts? Subscribe to BTR List and Student Housing Daily.
MEDICAL OFFICE: Welltower-Wafra JV refinances 22-property, 1.4M-SF medical office portfolio with $327M CMBS financing. Read more here.
MEDICAL OFFICE: Cronheim Mortgage, Singer Financial arrange $16M loan for Long Island medical office park. Read more here.
MEDICAL OFFICE: Sanders Capital Partners buys Missouri AMA Medical Office Building for $3.5M. Read more here.
LIFE SCIENCES: Innovative Industrial Properties invests $105M in IQHQ, first move outside cannabis sector. Read more here.
DISTRESSED: Namdar buys 467K-SF Normandale Lake office tower for $4M, down from $100M three years ago. Read more here.
➡ Want deeper insights on office alts? Subscribe to Med Office List.
BOUTIQUE: A&R Group acquires Hotel Indigo Baton Rouge, expanding portfolio to 27 properties across six states. Read more here.
BOUTIQUE: Birmingham Hotels II buys Homewood’s aLoft Birmingham Soho Square for $18.2M. Read more here.
BOUTIQUE: Queensgate Investments defaults on $70.8M debt for Freehand Los Angeles hotel. Read more here.
EXTENDED STAY: US extended-stay hotels see 2.1% occupancy drop, RevPAR falls 3.9% in August. Read more here.
TIL Yale owns a Dutch utility bond issued in 1648 that still pays interest.
— #John Wagner (#@TiehackCapital)
1:47 AM • Oct 2, 2025
EV CHARGING: US EV charging infrastructure projected to reach 35M points by 2030, PwC analysis shows. Read more here.
DATA CENTERS: Centersquare acquires 10 data centers for $1B, expands footprint in US and Canada. Read more here.
DATA CENTERS: Rising tech debt raises bubble concerns as companies quietly leverage through private lenders. Read more here.
DATA CENTERS: Fermi energy REIT raises $683M in IPO, shares jump 55% amid AI and data center demand. Read more here.
DATA CENTERS: AI chip firm Groq plans 12 more data centers after $6.9B valuation. Read more here.
➡ Want to go deeper on InfoTech alts? Subscribe to Data Center View.
C-STORE: 7-Eleven Newport Beach sells for $5.24M, one of 2025’s highest US convenience store prices. Read more here.
C-STORE: Green Valley Grocery to sell 87 Nevada stores to Anabi Oil pending approval. Read more here.
C-STORE: Hy-Vee acquires Wisconsin’s Wausau County Market and Circle K, expanding Midwestern footprint. Read more here.
DESTINATION: Jordan Brands opens its first "World of Flight" retail concept in Philly. Read more here.
MEDTAIL: Healthcare moves into retail as medtail tenants fill mid-sized spaces in Orlando, Florida. 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.
