Good morning. Welcome to CREalts! Every day, we cover the top stories in alternative CRE sectors. Today, we learn about TPG’s potential big bet on data centers and Apollo’s mobile home fundraise.
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Today’s issue is sponsored by BTR Summit — Atlanta 2026. High-signal. Recognizable names. Curated attendance. Request an invitation here → link
DATA DUMP: TPG may double down on data centers with $3B acquisition of Netrality. Read more here.
TRAILER TREASURE: Apollo raises $850M war chest for acquiring manufactured home parks. Read more here.
COLD SHOULDER: Americold walks away from cold storage partnership with Food Lion parent, takes up to $320M impairment. Read more here.
WE WORK: North American office market enjoys strongest quarter since COVID pandemic. Read more here.
EXTENDED STAY: Hilton opens LivSmart Studios location in Pensacola, FL. Read more here.
EXTENDED STAY: Cincinnati-area Studio 6 Extended Stay sells for nearly $10M. Read more here.
EXTENDED STAY: EOS provides $140M refi for 3-hotel Mission Hill Hospitality portfolio. Read more here.
LIFESTYLE: Rebel Hotel Co. buys Circa 39 Miami Beach, Hotel La Jolla, and Coachman Lake Tahoe. PLAYER: Brian Sparacino. Read more here.
BOUTIQUE: Alchemy RE Advisors brokers sale of Hotel Indigo in downtown St. Louis. PLAYER: Adam Montufar. Read more here.
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MARINA: Harborview, Torose by Fishermen’s Village in Punta Gorda, FL, for $43M. PLAYERS: Scott Sherman, Anthony Dubbaneh. Read more here.
MARINA: Blackstone, Donerail reportedly bidding for MarineMax. Read more here.
CAMPGROUND: Open Road Resorts buys Elkhorn Creek RV Park in Frankfort, KY. PLAYERS: Chase Becker, Jim Omstrom. Read more here.
COUNTRY CLUB: ViaWest Group buys Ahwatukee Golf Club in Phoenix for $5.3M. PLAYER: Alexander Hondros. 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.
