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Good morning. Welcome to CREalts! Every day, we cover the top stories in alternative CRE sectors. Today, we learn about a boost in industrial construction and why industrial investors are looking to the Heartland.

Today’s issue is sponsored by BTR Summit — Atlanta 2026. High-signal. Recognizable names. Curated attendance. Request an invitation here → link

WAREHOUSE WINNERS: US industrial real estate under construction rose 18% year over year in Q2. Read more here.

HEARTLAND HUSTLE: Industrial real estate investors turn from Sun Belt, look to Midwest. Read more here.

LONE-STAR LOCALE: Terrell becomes DFW’s hottest new shopping hub. Read more here.

IPO OOPS: IPO of Brookfield’s data center operator Csquare falls $300M short of target. Read more here.

STUDENT HOUSING: PCCP, The Dinerstein Cos. JV acquires 1,128-bed student housing portfolio. Read more here.

STUDENT HOUSING: Greystar, Penn State, JLC break ground on 1,505-bed development. Read more here.

BTR: Progress Residential secures $384.7M refi for multi-state BTR portfolio. Read more here.

BTR: Northmarq sells Nashville-area townhome community for $6.44M. PLAYER: Jordan Arand. Read more here.

AFFORDABLE: Michigan Office of Retirement Services commits $50M to Avanath affordable housing fund. Read more here.

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MED OFFICE: Newmark retained to sell Ventas portfolio of 10 medical outpatient properties across Northern CA and Indianapolis. Read more here.

MED OFFICE: Institutional investor buys 4-property Spokane Eye Clinic Portfolio. PLAYERS: Michael Moreno, Rahul Chhajed, Tyler Swade. Read more here.

CO-WORK: Two-thirds of Global Fortune 500 company using WeWork maintained or expanded their space. Read more here.

DISTRESSED: Distressed Atlanta high rise gets even more distressed with collapse of scaffolding. Read more here.

LIFE SCIENCE: CBRE says CRE integration protects value in sponsor-backed biotech acquisitions. 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.

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