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 Tecfusions’ $4B SPAC merget and why institutional investors are piling into BTR.
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
SPAC TO THE FUTURE: TECfusions looks to go public through SPAC deal at $4B valuation. Read more here.
SHIFTING PRIORITIES: Following enactment of new housing law, institutional investors sell single-family homes, turn focus to BTR communities. Read more here.
TOWER POWER: KPC, Lendlease seek to revive Los Angeles’ stalled ‘Graffiti Towers’ luxury mixed-use mega-project. Read more here.
ZONE IN: Is there still time to weigh in on Opportunity Zones in your state? Read more here.
DATA CENTER: Digital Realty to acquired $3.5B stake in 3 Northern VA data centers. PLAYERS: Mike Forman, Greg Blank, Matt Mercier. Read more here.
DATA CENTER: Ionic Digital raises $400M at $2B valuation to expand AI infrastructure. PLAYER: Andy Stewart. Read more here.
DATA CENTER: Hyperscale Data expands Michigan AI data center campus. PLAYER: Milton "Todd" Ault III. Read more here.
DATA CENTER: Google commits $3.6M to launch data center workforce academy in Abilene, TX. Read more here.
CRYPTO MINING: 30MW cryptocurrency mining facility proposed in Mississippi. Read more here.
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DATA CENTER DEALMAKERS - PANELISTS ANNOUNCED
Join hundreds of data center developers, investors, hyperscalers, power providers, and brokers for a premier data center event in Atlanta on October 7th. Hear from senior execs from AWS, NTT, SilverSphere Capital, QII and more!
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BATTERY STORAGE: Nextpower acquires Prevalon, enters advanced energy storage business. PLAYER: Dan Shugar, Tom Cornell. Read more here.
NAT GAS: Elon Musk buys mobile natgas turbine company APR Energy for rumored $1B. Read more here.
SOLAR: Google signs power purchase agreement for energy from largest solar project in US. PLAYER: Kevin Smith. Read more here.
SOLAR: Aligned Climate Capital buys 7.3MW solar project in Collinsville, IL. 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.
