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 a multi-billion bet on AI-related power projects and a fund looking to capitalize on the new housing law.
Today’s issue is sponsored by Data Center Dealmakers: Southeast — join 500+ data center pros from QTS, Arcapita, Menlo Digital and others in the room where deals happen in Atlanta on October 7, 2026. Get your tickets here→ link
POWER PLAYERS: Blackstone, KKR, Apollo invest $5.34B in Williams’ power projects to meet AI electricity demand. Read more here.
ROAD WARRIOR: PPR Capital Management launches $100M BTR fund to capitalize on new federal housing law. Read more here.
VOLUNTEERING: Tennessee makes push to become location of next Hollywood. Read more here.
BANK ROLL: These are the banks fueling private credit’s CRE lending boom behind the scenes. Read more here.
DATA CENTER: Digital Realty enters Kansas City market with $474M project. Read more here.
DATA CENTER: Aston Power raises $20M to expand AI infrastructure power platform. Read more here.
DATA CENTER: Self-storage-to-data-center conversion project in Atlanta metro area faces community backlash. Read more here.
DATA CENTER: CleanSpark secures 20-year, $11.6B data center lease. Read more here.
DATA CENTER: Meta increases investment in Hyperion data center campus to $50B. Read more here.
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Power. Land. Capital. Delivery. The high-signal event for the major players in Southeastern data center corridors. Get in the room here→ LINK
ENERGY: Peak Energy to build country’s 1st sodium-ion grid storage facility in Sacramento, CA. Read more here.
ENERGY: PJM reports 60% increase in power costs due to data center development. Read more here.
ENERGY: Frontier Power USA will acquire Texas battery project form Bimergen Energy Corp. Read more here.
FIBER: Blue Owl launches fiber network venture geared toward data centers. Read more here.
SOLAR: BlackRock infrastructure unit buys controlling interest in Summit Ridge Energy. Read more here.
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