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 a La Caisse-backed data center fund and distressed federal office buildings.
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
MEGA BYTES: Affinus Capital data center fund hits $905.5M. Read more here.
DISTRESSED: GSA tallies $26B in maintenance needs for federal office buildings. Read more here.
HOME WRECKER: Multifamily starts drop by 40% in May, all housing starts fall to 6-year low. Read more here.
NO SURPRISES: Fed keeps benchmark rate flat at first meeting with Chair Kevin Warsh. Read more here.
DATA CENTERS: Prime Data Centers seeks $850M bond financing. Read more here.
DATA CENTERS: Aligned Data Centers plans 916,000 SF campus in Phoenix metro. Read more here.
DATA CENTERS: Why data center loans are an attractive asset class. Read more here.
DATA CENTERS: Cresa appoints new head of structured finance for national data center advisory program. Read more here.
DATA CENTERS: OpenAI wants to build a 10GW data center project on federal land in Ohio. Read more here.
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Power. Land. Capital. Delivery. The high-signal event for the major players in Southeastern data center corridors. Get in the room here→ LINK
SOLAR: Cypress Creek Energy secures $3.5B financing for Arkansas solar and storage project. Read more here.
SOLAR: Create Energy acquires SOL Components. Read more here.
LARGE-SCALE POWER: Aston Power secures $20M funding in round led by TDK and JLL Spark. Read more here.
CLEAN ENERGY: Enbridge invests $1.2B in Wyoming’s Cowboy Project. 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.
