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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 alt CRE bets and Centerbridge’s potential purchase of a stake in Merritt.
Today’s issue is sponsored by BTR Summit — Atlanta 2026. High-signal. Recognizable names. Curated attendance. Request an invitation here → link
ALTERNATIVE FACTS: Kayne Anderson raises record $5.2B for alternative RE sectors, including senior housing and med offices. Read more here.
MINORITY REPORT: Centerbridge nears $3B Merritt stake deal focused on industrial real estate. Read more here.
GROCERY RUN: Publix continues buying spree with acquisition of South Florida shopping center for $78M. Read more here.
GRID LOCK: Grid operator PJM accelerates timeline for powering data centers. Read more here.
BOUTIQUE: Compass Hotel by Margaritaville planned for Tampa. Read more here.
BOUTIQUE: Marriott sells Westin Peachtree Plaza in Atlanta to Portman. Read more here.
BOUTIQUE: Plan to redevelop Akron, OH, public school HQ as hotel falls through. Read more here.
LUXURY: Driftwood Capital expands across Caribbean and Latin America. Read more here.
EXTENDED STAY: PRISM launches 38 Studio 6 hotels across US. Read more here.
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WATER PARKS: Indoor water parks surge despite rising costs, delays, and financing challenges. Read more here.
RV PARKS: Sun Communities to sell UK assets for $1.03B. Read more here.
TRAMPOLINE PARKS: Trampoline Parks enjoy sharp growth, according to JLL report. Read more here.
GOLF COURSES: NJ private equity firm buys 2 Maryland gold courses for $25M. 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.
