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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 the collectibles market and rental real estate and the states banning data center development.
Today’s issue is sponsored by IndustrialIQ — providing comprehensive analysis and insights for small bay warehouse markets.
TOY DRIVE: Nostalgic collectibles become surprising driver of retail real estate. Read more here.
HOUSE OF CARDS: Developers scale back build-to-rent plans as Congress debates SFR rules. Read more here.
BYTE BUST: 14 states are considering data center bans. Read more here.
THE REIT STUFF: Blackstone in talks to acquire H&R REIT, industrial and multifamily portfolio. Read more here.
IOS: Cooper-Horowitz arranges $281M IOS portfolio financing loan for Catalyst. PLAYERS: Justin Horowitz, Ben Knopf, Josh Tropper, Dan Haroun, Max Heiden, Nell Hurley, Kyle Earley. Read more here.
IOS: Alterra secures $244M financing for IOS acquisitions from Blackstone. PLAYERS: Scott Whittle, Kate Mooney, Justin Horowitz. Read more here.
SMALL BAY: Back Creek founders launch Speed Bay Warehouse Solutions with $250M commitment. PLAYERS: Jimmy Mulvihill, Rob Sistek, Matthew Stephenson, Lainie Papadakis Minick, Michael Moriarty, Jenna Macartney, Howard Pollack. Read more here.
SHALLOW BAY: Bleecker Partners buys infill industrial portfolio in Houston. PLAYERS: Ethan Silverman, Ben Siegel, Dennis Gallo. Read more here.
SELF-STORAGE: Commune Capital sells self-storage property in Seattle metro area to Premier Storage Investors for $50.7M. PLAYERS: Mike Mele, Luke Elliott, Jim Lewis, Steffan Brown. Read more here.
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QSR: Mediterranean chain CAVA plans to open more than 75 new stores this year. PLAYERS: Doug Thompson, Brett Schulman. Read more here.
NET LEASE: Four Corners Property Trust buys Tires Plus location in Minnesota for $1.7M. Read more here.
C-STORE: Casey’s sells stores, exits Mississippi market. Read more here.
C-STORE: What does Yesway’s $280M IPO mean for the C-store industry? Read more here.
NEIGHBORHOOD: Cohen & Steers buys metro Austin retail center. 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.
