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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 how AI can put zoning data in the spotlight and the exodus from CRE equity by institutional LPs.
Today’s issue is sponsored by DealNav - the simple and affordable CRM and deal management tool with easy interface and integrated map.
IN THE ZONE: AI turns zoning data into real estate’s next major investment signal. Read more here.
EQUITY EXODUS: Institutional LPs retreat from CRE equity as private debt funds raise $20B in 2025. Read more here.
SUNSHINE SAVINGS: Florida ends commercial lease sales tax, saving tenants $900M annually and boosting business appeal. Read more here.
BOOKING GOALS: Hotels in World Cup host cities await demand surge ahead of Dec. 5 team draw. Read more here.
SHALLOW BAY: Buligo Capital buys portfolio of two shallow bay industrial parks in the Austin, Texas, metro area. Read more here.
SMALL BAY: New Texas firm Sail Holdings launches to acquire small-bay industrial assets across secondary markets. Read more here.
IOS: Realterm and J.P. Morgan acquire seven-property industrial outdoor storage portfolio across key U.S. freight markets. Read more here.
IOS: ComReal sells 9.7 acre storage lot in West Palm Beach, Florida, for $16.75M. Read more here.
COLD STORAGE: Cold storage vacancies reach 20-year high as new builds outpace older facilities. Read more here.
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STUDENT HOUSING: Inland Investments partners with Scion to expand and operate student housing at top US universities. Read more here.
STUDENT HOUSING: UC Riverside opens 429-unit intersegmental student housing to ease California housing crunch. Read more here.
SENIOR HOUSING: Clarion Partners acquires Sancerre at Atlee Station in the Richmond, Virginia, area. Read more here.
MANUFACTURED: Madison Group arranges $36M refinance for six manufactured housing communities in Alabama and Georgia. Read more here.
BTR: Northmarq closes sale and $21.7M financing of Arizona rental community. Read more here.
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MED OFFICE: Tenet Healthcare buys West Palm Beach medical office building for $62M. Read more here.
MED OFFICE: Stockdale Capital Partners acquires Willow Oaks Medical Campus in Northern Virginia. Read more here.
MED OFFICE: Healing Realty Trust acquires fully leased Chicagoland medical office building for $4.92M. Read more here.
CO-WORKING: San Francisco-based LANS grows to 300+ locations offering flexible, on-demand co-working nationwide. Read more here.
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BOUTIQUE: Terminal Warehouse secures Convene’s Mallory as first tenant in NYC adaptive reuse project. Read more here.
BOUTIQUE: Hilton launches Outset Collection, its 25th brand, offering more than 60 boutique hotels across the US and Canada. Read more here.
BOUTIQUE: Service Properties Trust sells three hotels for $22.5M, advancing $913M portfolio divestiture plan. Read more here.
EXTENDED STAY: Sonesta launches Americas Best Value Studios, an extended-stay brand targeting value-focused, longer-term travelers. Read more here.
Despite all the AI datacenter hype, datacenter REITs are the worst performing US REIT sector YTD at -9.6%
Somehow all the headlines forgot to mention this part
— #junkbondinvestor (#@junkbondinvest)
10:40 PM • Oct 3, 2025
DATA CENTER: BlackRock nears $40B Aligned Data Centers acquisition, expanding AI infrastructure investments. Read more here.
DATA CENTER: CleanArc Data Centers expands Virginia campus with 87.5-acre land purchase, adding 300MW capacity. Read more here.
DATA CENTER: Doña Ana County, New Mexico, approves $165B data center project. Read more here.
SOLAR: Clearway Energy to acquire 613 MWac solar portfolio, partnering with Fengate on assets in Western states. Read more here.
SOLAR: Commonwealth Electrical Technologies expands beyond New England with NuWave Energy acquisition. Read more here.
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RV STORAGE: Colliers brokers $5.5M sale of Fairfield RV storage property with redevelopment potential. Read more here.
PICKLEBALL COURTS: The Picklr expands into Houston with Cypress, Conroe, and Cinco Ranch clubs and five more planned by 2027. Read more here.
MARINA: Port of Bellingham eyes marina acquisition to revitalize Point Roberts, Washington, economy. Read more here.
MARINA: Lilly Endowment grants $20M to redevelop historic Jeffboat shipyard in Jeffersonville, Indiana. 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.
