Good morning. Welcome to CREalts! Every day, we cover the top stories in alternative CRE sectors. Today, we learn about AI power demand and senior housing investment.
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POWER PLAY: LS Power raises $6 billion to capitalize on surging electricity demand from AI-driven data center development. Read more here.
SENIOR MOMENT: BDT & MSD is buying Sunrise Senior Living in a $1 billion-plus deal amid a growing senior-housing shortage. Read more here.
GRIDLOCK: A Texas data center wins rezoning but faces a potential 2-year wait for power under ERCOT’s connection freeze. Read more here.
CASINO MATH: Four Las Vegas casino loans mask deeper weakness across the broader $92B securitized lodging market. Read more here.
BOUTIQUE: A century-old Los Angeles church has been transformed into a boutique hotel while preserving its historic character. PLAYER: Anthony Gutierrez. Read more here.
EXTENDED STAY: Long-stay travelers increasingly prefer furnished apartments to hotels, creating another challenge for traditional extended-stay lodging. Read more here.
RESORT: Sports Illustrated Resorts is expanding through a Wyndham partnership spanning hotels, mixed-use projects and sports-focused destinations. PLAYERS: Michael Brown, Geoff Ballotti. Read more here.
LUXURY: US hotel RevPAR surged 14.2% as luxury properties posted their strongest weekly performance of 2026. Read more here.
DEVELOPMENT: Rising construction costs are making new hotel development increasingly difficult, particularly for ground-up projects in Charlotte. Read more here.
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SURF PARK: A $200M Dallas-Fort Worth area mixed-use project is adding a 3.3 AC surf lagoon as its centerpiece attraction. Read more here.
CASINO: Ilitch Gaming is spending $14M to expand Ocean Casino’s high-limit gaming space by 60% in Atlantic City. Read more here.
GOLF COURSE: Clearwater is weighing redevelopment proposals for The Landings Golf Course, putting a major recreational property in play. Read more here.
ARENA: Dallas developers see a path to keeping the Mavericks and Stars downtown through a revamped arena district. Read more here.
NIGHTLIFE: A proposed Hard Rock hotel in Jacksonville, FL, would combine residences, nightlife, dining, and entertainment on the riverfront. 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.
