Together with
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 rising IOS demand and an all-AI CRE underwriting platform.
Today’s issue is sponsored by DealNav - the simple and affordable CRM and deal management tool with easy interface and integrated map.
STORAGE YARD SPREE: The AI data center buildout boom is igniting demand for industrial outdoor storage. Read more here.
AI UNDERWRITING: Commercial real estate ender Asimov Capital launches with zero employees using artificial intelligence tools. Read more here.
GRIDIRON GAINS: Former NFL quarterbacks Tebow, Elway, and Bortles launch $100M Momentous Sports real estate venture. Read more here.
BOUTIQUE BUST: LuxUrban Hotels files Chapter 11 with under $10M in assets and over $22M in claims. Read more here.
IOS: Outpost and GreenPoint Partners double the scale of their truck terminal platform to $1B. Read more here.
IOS: Criterion Group and Columbia Pacific Advisors secure $180M refi loan for 290 acre IOS portfolio. Read more here.
SMALL BAY: Obsidian Group buys small bay park in Brooklyn Park, Minnesota, for $5M. Read more here.
SMALL BAY: BKM Capital Partners acquires Phoenix-area small bay portfolio for $167.85M. Read more here.
COLD STORAGE: RealCold celebrates grand opening of new cold storage facility in Lakeland, Florida. Read more here.
Want deeper insights on industrial alts? Subscribe to IOS List, Small Bay List, and Cold Storage List.
MANUFACTURED: Brookfield nears $10B deal with GIC to buy Yes Communities manufactured home portfolio. Read more here.
MANUFACTURED: FG Communities acquires 50-home manufactured housing community in Ellenboro, North Carolina. Read more here.
BTR: Blackstone’s Tricon Residential buys 91-unit build-to-rent Phoenix communities from Arcadia and Platform for $44.1M. Read more here.
BTR: Middle Street Partners and Singerman plan 71-unit Atlantic St. Thomas build-to-rent community in Charleston, South Carolina. Read more here.
STUDENT HOUSING: Walker & Dunlop brokers sale of 576-bed Mountaineer Village student housing near Appalachian State in Boone, North Carolina. Read more here.
Want deeper insights on housing alts? Subscribe to BTR List and Student Housing Daily.
DISTRESSED: Rithm Capital to acquire Paramount Group’s 13M SF office portfolio in $1.6B deal. Read more here.
DISTRESSED: Denver Energy Center towers under contract to sell for $5M. Read more here.
DISTRESSED: Tourbineau Real Estate buys 96,000 SF DC area office for $4.25M self-storage conversion. Read more here.
LIFE SCIENCE: Lab leasing market remains stalled with national vacancy above 23% and deals at seven-year lows. Read more here.
MEDICAL OFFICE: Woodside Health and Heitman acquire 60,000 SF Sugar Land Physicians Center near Houston. Read more here.
Want deeper insights on office alts? Subscribe to Med Office List.
EXTENDED STAY: Sandpiper opens third ECHO Suites by Wyndham extended-stay hotel in Sterling, Virginia. Read more here.
EXTENDED STAY: Hideaway Inns opens first Mt. Sunapee, New Hampshire, property with 55 rooms, plans three more by year-end. Read more here.
EXTENDED STAY: Noble breaks ground on 10th StudioRes long-stay hotel in Mobile, Alabama. Read more here.
BOUTIQUE: Japan-based Seibu Prince Hotels to acquire Ace Group for $90M. Read more here.
MANUFACTURING: I Squared Capital to invest $800M in ENTEK gigafactory with $1.3B DOE loan in Indiana. Read more here.
NATGAS: Blackstone Energy Transition to buy 620MW Hill Top gas plant in Pennsylvania for $1B. Read more here.
DATA CENTERS: West Conshohocken developer shifts Scranton area plan from warehouse to 487K SF data center. Read more here.
DATA CENTERS: Prince George’s County, Maryland, temporarily halts data center approvals amid resident pushback. Read more here.
SOLAR: Longroad Energy secures financing for 400 MW 1000 Mile Solar project in Texas. Read more here.
Want to go deeper on InfoTech alts? Subscribe to Data Center View.
NET LEASE: Single-tenant net-lease retail sees rising sales, cap rates compressing in 2025. Read more here.
C-STORE: PS Food Mart sells eight Toledo, Ohio, convenience stores to S&G Convenience Stores. Read more here.
C-STORE: Bolla Market expands Long Island presence with food courts and fancy restrooms. Read more here.
DESTINATION RETAIL: Tanger acquires Kansas City’s Legends outlet mall, expanding open-air portfolio. Read more here.
NEIGHBORHOOD: Dallas-based Tabani Group buys Clearwater, Florida’s Courtyard at Countryside for $28.25M. Read more here.
sending instacart to costco on sunday afternoon is like sending a mercenary into an active civil war
— #law dog, esq. (#@ggooooddddoogg)
2:44 PM • Aug 3, 2025
→ Make someone’s day. Forward CREalts to clients and colleagues!
~~
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.
