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 the ongoing Yellow bankruptcy saga and the new sport-related real estate trend.
Today’s issue is sponsored by DealNav - the simple and affordable CRM and deal management tool with easy interface and integrated map.
CHILD’S PLAY: $1B Orlando youth-sports mega-complex signals surge in sports-anchored mixed-use. Market expected to grow from $36B to $262B by 2034. Read more here.
BANKRUPTCY BAGGAGE: Yellow reaches deal on $7.4B pension claims as shrinking estate leaves only $600M–700M. Read more here.
SAFE MOVE: Ground-lease company Safehold names new president from Lubert-Adler. PLAYERS: Michael Trachtenberg, Stefan Selig. Read more here.
DOUBLE BOGEY: Jack Nicklaus-founded Nicklaus Cos. files Chapter 11 after $50M verdict, listing up to $1B in liabilities. Read more here.
INDUSTRIAL: Small-scale properties are among the most resilient industrial segments. Read more here.
IOS: IG Logistics buys IOS portfolio in Joliet, IL for $5.15M. PLAYERS: Daniel Glaser, Jack Arnstein. Read more here.
IOS: Northmarq sells 7.1 AC IOS in Salem, OR, metro area for $5M. PLAYERS: Nolan Dunn, Amar Goli, Joe Kappler. Read more here.
SMALL BAY: The Silverman Group buys small bay park in Sarasota, FL for $30.4M. PLAYERS: Rick Brugge, Mike Davis, Rick Colon. Read more here.
COLD STORAGE: Texas A&M breakthrough enables crack-free organ vitrification, promising long-term cold storage for transplants. Read more here.
➡ Want deeper insights on industrial alts? Subscribe to IOS List, Small Bay List, and Cold Storage List.
STUDENT HOUSING: Webster Bank delivers $42.8M refi for Aptitude’s 564-bed student housing serving Coastal Carolina University. PLAYERS: Louis Halperin, Morris Dabbah, Morris Betesh. Read more here.
BTR: Fannie and Freddie multifamily caps rise to $88B each as regulators prep for 2026 lending surge. Read more here.
BTR: BrightSky Residential launches Southeast Division with 800-home BTR pipeline. PLAYERS: Hamilton Stolpen, Donny Fineberg. Read more here.
SENIOR HOUSING: Cornerstone, Winterwood and CVS Health reveal Prichard residential phase in West Virginia after $17M investment. Read more here.
SFR: Houston SFR inventory hits record 3,725 units as average lease price holds at $2,262. Read more here.
➡ Want deeper insights on housing alts? Subscribe to BTR List and Student Housing Daily.
OFFICES: DWS’ Todd Henderson stays bearish on office, doubling down on industrial and multifamily for 2026. Read more here.
DISTRESSED: Orion rejects Kawa’s $141M takeover push as board fight intensifies amid heavy losses. Read more here.
DISTRESSED: Investing trio buys Manhattan high-rise for $133M as Clarion takes $150M Midtown office hit. Read more here.
LIFE SCIENCES: Alexandria hit with class action suit after $323.9M impairment rattles life-science real estate outlook. Read more here.
MED OFFICE: Las Vegas medical office facility sells for $46.1M. PLAYERS: Mark Schuessler, Sean Fulp, Jordan Selbiger, CJ Kodani. Read more here.
➡ Want deeper insights on office alts? Subscribe to Med Office List.
BOUTIQUE: Pebblebrook sells Montrose at Beverly Hills for $44M, or $330,000 per key. Read more here.
BOUTIQUE: Waterford and Maverick merge to form 50-plus–property hospitality platform targeting accelerated national growth. PLAYERS: Len Wolman, Robert Habeeb. Read more here.
BOUTIQUE: Waldorf Astoria New York reopens after restoration, unveiling 375 hotel rooms and 372 residences. Read more here.
EXTENDED STAY: San Antonio Housing Trust, GoodHomes convert Sonesta hotel to 220 apartments, eye $59.5M valuation. Read more here.
INFRASTRUCTURE: Renewables, power, and digital infrastructure have overtaken transportation as the top drivers of private infrastructure returns. Read more here.
DATA CENTER: Data center boom strains insurers as projects hit $20B scale and $2.7T build-out race. Read more here.
DATA CENTER: Cleanarc invests $3B to build three 600 MW data centers in Caroline County, VA. Read more here.
SOLAR: Zenatech signs offer to acquire Utah surveying firm, expanding DaaS into solar infrastructure market. PLAYER: Shaun Passley. Read more here.
➡ Want to go deeper on InfoTech alts? Subscribe to Data Center View.
NET LEASE: Four Corners Property Trust buys two Hawaiian Bros sites for $5.9M in latest sale-leaseback expansion. Read more here.
NET LEASE: Agree Realty’s net-lease REIT portfolio grows to 2,603 properties with strong IG tenant focus. Read more here.
NEIGHBORHOOD: Longpoint buys Riverside’s Five Points Plaza for $31M as Inland Empire grocery-anchor demand surges. Read more here.
C-STORE: HSS Enterprises buys Springdale Maverik store for $4.3M. PLAYER: Zach Wright. 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.
