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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 small-town CRE price gains and Chicago’s quantum-driven logistics boom.
Today’s issue is sponsored by DealNav - the simple and affordable CRM and deal management tool with an easy interface and integrated map.
Source: CoStar
SMALL TOWNS, BIG GAINS: Small-town commercial real estate prices rose 1.3% in January, outpacing declines in major cities. Read more here.
QUANTUM LEAP: Chicago’s quantum surge boosts demand for industrial, lab, and advanced R&D space. Read more here.
SPARE NO EXPENSE: Data center developers are funding local needs such as bowling alleys to win community support and approvals. Read more here.
PLOT TWIST: IOS becomes a mainstream institutional asset class driven by e-commerce and supply-chain needs. PLAYER: Vytas Norusis. Read more here.
BOUTIQUE: Peregrine Hospitality acquires The Lodge at Tiburon and Toll House Hotel in Northern California. PLAYER: Greg Kennealey. Read more here.
BOUTIQUE: Warren Resort Hotels acquires Santa Barbara’s Franciscan Inn & Suites for $22.5M. PLAYERS: Austin Herlihy, Chris Parker, Miles Waters, Michael Lopus, Mike Chung, Steve Golis. Read more here.
LUXURY: Related Ross secures $172.5M from Nomura to acquire The Ben hotel in West Palm Beach. PLAYERS: Jordan Roeschlaub, Tyler Dumon, Nick Scribani, John Caraviello, Tate Keir. Read more here.
EXTENDED STAY: Gwinnett Housing Corp. acquires an Atlanta metro hotel to convert into 73 affordable housing units. Read more here.
SHORT-TERM RENTAL: Casago acquires Vacasa's short-term rental portfolios in St. Augustine, Amelia Island and St. Simons Island, FL. PLAYER: Steve Schwab. Read more here.
SURF’S UP: Surf parks shift from CRE novelties to operating businesses, but their durability as an asset class remains unproven. Read more here.
GYMS: Planet Fitness plans to open 180-190 new locations in 2026, matching last year’s pace. PLAYERS: Colleen Keating, Jay Stasz. Read more here.
MARINAS: St. Petersburg recommended Skanska to redevelop its municipal marina after previous negotiations collapse. Read more here.
MARINAS: North Carolina-based Off the Hook Yachts acquires South Florida marine services company Apex, including 4 facilities, for $5.5M. PLAYER: 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.
