Good morning. Welcome to CREalts! Every day, we cover the top stories in alternative CRE sectors. Today, we learn about a major net-lease sale and Lineage’s $1B+ lawsuit.
Today’s issue is sponsored by BTR Summit — Atlanta 2026. High-signal. Recognizable names. Curated attendance. Request an invitation here → link
LEASE SALE: CBRE Investment Management buys Cerberus’ Tenet Equity for $1.6B, gaining 200+ properties across 39 states. Read more here.
HOT ROOF: Lineage sues Altus Power and Pearce Services for $1B+ over solar fire that destroyed 500,000 SF cold storage warehouse. Read more here.
LATTE LOUNGE: Starbucks intends to spend $1B on making its cafes cozier. Read more here.
MOD SQUAD: Logos Faith tests modular construction to accelerate its $750M affordable housing pipeline. Read more here.
BTR: Walker & Dunlop brokers sale of 202-unit build-to-rent community in Atlanta metro area. PLAYERS: John Carr, Cameron Dunn, Telly Fathaly, Chris Goldsmith, Riley Hall, Wilson Rogers, Brandon Plante, Carter Cole. Read more here.
BTR: Ascendant Development completes 170-unit BTR project in Houston area. PLAYER: Richard Owen. Read more here.
STUDENT HOUSING: HH Group acquires 212-bed student housing community adjacent to GWU in Washington, DC. Read more here.
STUDENT HOUSING: Purdue Fort Wayne, Gilbane Development Co. complete $100M housing project. Read more here.
SENIOR HOUSING: Inland RE Acquisitions buys 2 communities, pushes portfolio past $1B. PLAYER: Mark Cosenza. Read more here.
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BTR SUMMIT - PANELISTS ANNOUNCED
Join hundreds of BTR owners, developers, investors, and brokers for a premier build-to-rent event in Atlanta on November 10th. Hear from the CEOs of Parkland Residential, ARK Homes For Rent, Trilogy Investment Company, Center Park Group, Jim Chapman Construction, Laseter Development Group, and more!
Secure your tickets here: BTR Summit Tickets
*Only a handful of Early Bird tickets remain at a $100 discount
MED OFFICE: Davis buys 114,346 SF medical portfolio in Minnesota from Lakeview Clinic for $31.3M. PLAYERS: Stewart Davis, Tracy Rheineck. Read more here.
MED OFFICE: Montecito Medical buys 29,400 SF oncology property in Austin, TX. PLAYERS: Rus Gudnyy, Chip Conk. Read more here.
MED OFFICE: Colliers sells med office portfolio in Toms River, NJ, for $13.6M. PLAYERS: Jacklene Chesler, Patrick Norris, Brittany Leventoff. Read more here.
DISTRESSED: Former BB&T center in Winston-Salem, NC, sells for 93.5% discount to 2021 sale price. Read more here.
CO-WORKING: Priddy Spaces plans to open new co-work concept space in Atlanta’s Midtown. 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.
