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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 Starwood’s $2.2B acquisition of Brookfield’s net lease REIT and ChatGPT’s insane growth rates.
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NET LEASE: Starwood Property Trust to acquire Fundamental Income Properties REIT from Brookfield for $2.2B. Read more here.
ATLS FAVORED: PIMCO’s new report on the best RE investments going forward includes alts like student housing, digital infrastructure, logistics, and neighborhood retail. Read more here.
EMERGENCY: Potential major FEMA cuts pose a threat for states and CRE owners. Read more here.
OFF THE CHARTS: ChatGPT experiences nearly vertical growth rates (see below). Read the mind-blowing report.
IOS: Alterra secures $343.6M loan from BMO and Truist backed by 64 IOS sites across 22 states. Read more here.
SMALL BAY: Hersh Equity Group buys 230K SF Miami portfolio for $47.25M. Read more here.
SHALLOW BAY TradeLane Properties obtains $64M refi for light industrial portfolio in Chicago and Cincinnati markets. Read more here.
COLD STORAGE: Lineage breaks ground on cold storage expansion at Louisville, KY, facility. Read more here.
Want deeper insights on industrial alts? Subscribe to IOS List, Small Bay List, and Cold Storage List.
STUDENT HOUSING: Core Spaces and Kayne Anderson begin work on 1,303-bed Hub Clemson near the SC university campus. Read more here.
STUDENT HOUSING: Timberline Real Estate buys Hill Place student complex in Fayetteville, AR, for over $75M. Read more here.
BTR: Build-to-rent pipeline slowed 42% in 2024, but long-term demand remains strong, according to Walker & Dunlop. Read more here.
SENIOR HOUSING: Senior housing vacancy drops to 10.1% as demand outpaces tight post-pandemic supply pipeline. Read more here.
SENIOR HOUSING: Dwight Mortgage Trust lends $230M to LionStone to buy 19 senior housing assets. Read more here.
SFR: UMH Properties posts record sales, grows rental portfolio to 10,600 homes with 94.4% occupancy. Read more here.
Want deeper insights on housing alts? Subscribe to BTR List and Student Housing Daily.
DISTRESSED: $103M CMBS loan on DC office portfolio sent to special servicing. Read more here.
LIFE SCIENCE: JLL releases report on 6 major life science trends for 2025. Read more here.
MEDICAL OFFICE: The med office sector shrugs off Big Beautiful Bill Act’s $1T cut to healthcare spending. Read more here.
DISTRESSED: LexisNexis cuts Raleigh office footprint in half despite tripling local workforce since 2014. Read more here.
DISTRESSED: Unizo misses payments on $211M loan on 2 DC offices after earlier foreclosures. Read more here.
Want deeper insights on office alts? Subscribe to Med Office List.
EXPERIENTIAL: Gen Z pushes indoor malls to outperform open-air shopping centers. Read more here.
EXPERIENTIAL: Tom Brady expands CardVault sports card shops, opens first Midwest location near Wrigley Field. Read more here.
CONVENIENCE STORES: Alimentation Couche-Tard withdraws bid for 7-Eleven parent, citing lack of constructive engagement. Read more here.
inside of you there are two wolves
— #tweet davidson (#@andykreed)
9:19 PM • Jul 16, 2025
DATA CENTERS: QTS founder exits with $3B payout as Blackstone pushes aggressive AI data center expansion. Read more here.
DATA CENTERS: Oracle and OpenAI add 4.5GW to Stargate AI data center project, now over 5GW total. Read more here.
DATA CENTERS: Calpine to build $5B data center in York, PA, creating 2,500 local jobs. Read more here.
Want to go deeper on InfoTech alts? Subscribe to Data Center View.
CRYPTO MINING: ARK Invest bets $182M on BitMine’s energy-efficient Ethereum mining infrastructure. Read more here.
SOLAR: ENGIE acquires 22 solar projects in Pennsylvania, expanding renewable footprint and local investment. Read more here.
SOLAR: Geronimo begins construction on 250 MW Portage Solar project in Wisconsin. Read more here.
SOLAR: Corporate solar sector funding falls 39% in 1H 2025 as M&A activity hits new highs. Read more here.
EXTENDED STAY: Excel Group buys two Coconut Creek, FL, hotels for $21M amid tight sales market. Read more here.
EXTENDED STAY: Marriott opens TownePlace Suites in Bozeman, MT, to serve long-term Yellowstone travelers. Read more here.
EXTENDED STAY: Brothers Hospitality acquires Baton Rouge Sonesta Essential hotel near airport and ExxonMobil plant. Read more here.
BOUTIQUE: Seibu Prince Hotels nears $85M acquisition of Ace Hotel brand amid recent challenges. Read more here.
They say the happiest moments of a man's life are his first love, the birth of his child, and the Fed lowering the interest rate.
— #Autism Capital 🧩 (#@AutismCapital)
1:39 AM • Jul 16, 2025
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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.
