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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 Kayne Anderson’s alts bullishness and a massive new cold storage development at the Miami Intl. Airport.
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JUST DO IT: According to Kayne Anderson, the time to invest in real estate alts is now. Read more here.
TERMINAL CHILL: Construction has begun on a $141M cold storage facility at Miami Intl. Airport — expected to be the largest of its kind when it opens in 2027. Read more here.
IN THE ZONE: Opportunity Zones made permanent thanks to the One Big Beautiful Bill Act, but new rules reduce the number of qualified areas by 20%. Read more here.
DATA SCORE: Green Street acquires College House for its granular property data on student housing. Read more here.
IOS: JLL arranges $231M financing with Blackstone for Jadian IOS on 43 asset IOS portfolio. Read more here.
SMALL BAY: BKM and Kayne Anderson acquire 505K SF Bay Area industrial portfolio across 16 buildings and 94 units. Read more here.
IOS: Pinnacle sells 5 acre property with IOS in Denver metro area for $11.4M. Read more here.
COLD STORAGE: Westmount Realty Capital buys 24.4-acre Dallas site for cold storage and last-mile warehouse development. Read more here.
Want deeper insights on industrial alts? Subscribe to IOS List, Small Bay List, and Cold Storage List.
MHC: Charles Young, previously president of Invitation Homes is named CEO of $16.5B Sun Communities. Read more here.
SENIOR HOUSING: Greystone provides $33.9M bridge-to-HUD loan for 210-bed Virginia skilled nursing facility. Read more here.
BTR: Dominium to build 278-unit affordable BTR community in Phoenix area with $105.8M in financing. Read more here.
BTR: NewStar Asset Management plans single-family build-to-rent community in Braselton, Georgia, expanding Atlanta-area residential portfolio. Read more here.
Want deeper insights on housing alts? Subscribe to BTR List and Student Housing Daily.
CO-WORKING: WeWork rebrands as disciplined operator, sheds $4B debt, exits 170+ leases post-Chapter 11. Read more here.
REDEVELOPMENT: Foundry Commercial leads office-to-industrial conversions in DFW with 2.9M SF planned development. Read more here.
DISTRESSED: JBG Smith shifts $42.3M into distressed office buys, selling $452M in apartments. Read more here.
LIFE SCIENCE: Alexandria’s $467K SF Novartis lease highlights shrinking life sciences megatenant pool and rising vacancy. Read more here.
Want deeper insights on office alts? Subscribe to Med Office List.
NET LEASE: Copper Property Trust sells 119 retail assets to Onyx Partners for $947M in all-cash deal. Read more here.
NET LEASE: CBL Properties buys four regional malls for $178.9M, expands retail portfolio by 2.2M SF. Read more here.
CONVENIENCE STORES: FEMSA converts 40 Delek stores to OXXO in West Texas, plans El Paso rollout next. Read more here.
CONVENIENCE STORES: RaceTrac plans ongoing North Carolina expansion following Monroe store launch near Charlotte. Read more here.
Detroit + @Newlab just built a literal mecca dedicated to hard tech startups. Nothing like this exists anywhere in the country. Massive 300k sq/ft modern facility, gorgeous space with offices, labs, metal+wood+pcb shops, event spaces, gym, etc. Short the coasts, long the middle.
— #Aaron Slodov (#@aphysicist)
1:19 PM • Sep 8, 2023
DATA CENTERS: 16 federal land sites have been earmarked for data center development. Read more here.
DATA CENTERS: BluSky AI signs letter to acquire 25 acres at Delta Data Center in Utah for AI power needs. Read more here.
DATA CENTERS: Texas Critical Data Centers acquires 235 acres near Odessa, Texas, for 250MW natural gas-powered AI data center, expandable beyond 1GW. Read more here.
DATA CENTERS: Cloverleaf Infrastructure plans 4.2M SF data center campus on 1,200 acres near Atlanta, expanding site to protect wetlands. Read more here.
Want to go deeper on InfoTech alts? Subscribe to Data Center View.
WIND: US Transportation Department reinstates wind turbine safety setbacks near highways and railroads, reversing prior administration’s overruling. Read more here.
EV CHARGING: Federal Realty partners with Mercedes-Benz to install 500 EV charging stations across 50 retail centers nationwide by 2026. Read more here.
SOLAR: Shell’s Savion forms joint venture Tango Holdings with Ares to manage 496MW of solar projects across four US states. Read more here.
SOLAR: Prologis and ComEd launch Illinois’ largest rooftop community solar program serving low-income and residential customers. Read more here.
BOUTIQUE: Mesa West provides $55 million for refi of Burton House Beverly Hills. Read more here.
BOUTIQUE: Boutique tiny-home resort in Utah sold to new operators eyeing tourism growth near Zion National Park attractions. Read more here.
BOUTIQUE: $13.9M bridge loan enables fast acquisition of historic California hotels by Thomas Financial and Siguler Guff. Read more here.
EXTENDED STAY: Peachtree, Woodbine and DD open 257-room Embassy Suites in Gulf Shores, Alabama. Read more here.
Every DUI defense lawyer in America just hit the jackpot.
— #Ron Filipkowski (#@RonFilipkowski)
6:41 PM • Jul 30, 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.
