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 real estate prediction markets and data center power sources.
Today’s issue is sponsored by DealNav - the simple and affordable CRM and deal management tool with an easy interface and integrated map.
POWERED UP: Nat gas power still leads the way for data centers, but nuclear is gaining steam. Read more here.
PREDICTABLE: Polymarket and Parcl bring prediction markets to real estate. Read more here.
RISING BAR: Refi loan underwriting in 2026 will be ruthless. Read more here.
NO SALE: Planned $947M retail portfolio sale of 117 JCPenney stores to Onyx Partners has fallen apart. Read more here.
BOUTIQUE: French hotelier acquires Kimpton Angler’s Hotel in Miami Beach for $43.5M PLAYERS: Ben Rowe, Chad Freedman, Alexandra Lalos, Susan Gale. Read more here.
BOUTIQUE: Gencom reacquires majority interest in Miami’s Ritz-Carlton Coconut Grove. PLAYERS: Karim Alibhai, Alessandro Colantonio. Read more here.
EXTENDED STAY: SAK Developer buys Embassy Suites by Hilton Tysons Corner in Northern VA for $37.5M. Read more here.
EXTENDED STAY: Maine Course Hospitality Group buys Homewood Suites by Hilton in Saratoga Springs, NY. PLAYERS: Sean Riley, Jonathan Bogatay. Read more here.
EXTENDED STAY: Joint venture buys Home2 Suites Fort Worth Cultural District hotel in TX. PLAYERS: Kami Burnette, Jack Cantele, Glenn Alba. Read more here.
ARENA: Live Nation buys Europe’s largest indoor venue. Read more here.
RV PARK: Outdoor hospitality pros buy Yuma River Front KOA Journey in AZ. Read more here.
GOLF COURSE: Heritage Golf Group buys Southern Hills Plantation Club in Tampa Bay area. PLAYER: Jim Oliver. Read more here.
RACE COURSE: International Hot Rod Association buys Rockingham Speedway in NC. Read more here.
SPORTS COMPLEX: Cobalt Partners buys Milwaukee area land for $3.2M, plans $50M sports complex. 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.
