Good morning. Welcome to CREalts! Every day, we cover the top stories in alternative CRE sectors. Today, we learn about Wall Street’s long-term data center bets and a $110.9M self-storage expansion.
Today’s issue is sponsored by BTR Summit — Atlanta 2026. High-signal. Recognizable names. Curated attendance. Request an invitation here → link
AI LANDLORDS: Alternative asset managers bet on long-term data center leases to profit from AI while limiting exposure to technology companies’ credit risks. Read more here.
SELF-STORAGE: William Warren Group adds 9 StorQuest facilities worth $110.9M to its self-storage fund, more than doubling the fund’s size. Read more here.
DISTRESS CALL: Investors prepare to buy distressed commercial properties as looming loan maturities push lenders to stop extending troubled debt. Read more here.
DEBT DETOUR: Data center financing gets tougher as lenders scrutinize sponsors, tenants, and risks of large-scale AI development. Read more here.
BTR: Berkadia arranges $65.5M bridge loan for 232-home BTR in Florida. PLAYERS: Wesley Moczul, Mitch Sinberg, Brad Williamson, Scott Wadler, Jacob Kelly. Read more here.
BTR: Rockefeller Group develops 213-home BTR community in Arizona. PLAYER: Brandon Dillingham. Read more here.
BTR: New Growth Living secures $53M refi for 211-home BTR in Sacramento, CA. Read more here.
STUDENT HOUSING: Berkadia sells 264-bed community serving University of Kansas in Lawrence. PLAYERS: Travis Prince, Kevin Larimer, Shawn Lubic, Victoria Marks, Michael Spero, Niko Vrentas, Simon Rodewald. Read more here.
STUDENT HOUSING: Michaels Organization acquires 650-bed community near VCU in Richmond, VA. PLAYER: Kevin Gates. Read more here.
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MED OFFICE: National Healthcare Properties agrees to sell portfolio of 50 outpatient properties for approximately $531M. Read more here.
MED OFFICE: Colliers brokers $13.6M sale of 2-building med office portfolio in Toms River, NJ. Read more here.
DISTRESSED: Boston office distress finally produces deals as buyers target discounted buildings, including 1.1M SF tower Rockpoint bought at foreclosure. Read more here.
LIFE SCIENCES: Alexandria Real Estate Equities agrees to sell its interest in Boston’s 421 Park Drive, reducing planned construction spending by $136M. Read more here.
LIFE SCIENCES: Alexandria sells 29% controlling interest in San Diego’s Campus Point megacampus for $475M. 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.
