Good morning. Welcome to CREalts! Every day, we cover the top stories in alternative CRE sectors. Today, we learn about the Build American AI campaign and a fund that’s deployed only 55% of capital.
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Today’s issue is sponsored by BTR Summit — Atlanta 2026. High-signal. Recognizable names. Curated attendance. Request an invitation here → link
BYTE BILLIONS: Billionaires form Build American AI group to launch pro-data center campaign. Read more here.
DEAL OR NO DEAL: AEW Capital Management deploys capital for $1.8B alts-focused fund more slowly than expected. Read more here.
DAIRY DREAMS: Chobani invests $1.2B in developing Pennsylvania campus for manufacture and storage of Greek yogurt. Read more here.
CLEATS AND EATS: World Cup may not have propelled hospitality but made big impact on retail and dining. Read more here.
EXTENDED STAY: JLL brokers sale of Residence Inn Boston North Shore/Danvers for $13.5M. PLAYERS: Alan Suzuki, Matthew Enright, John Flaherty, Jon Bryant, Michael Schwarze, Anthony Nakhle. Read more here.
EXTENDED STAY: Kalyan Hospitality pays $1.1M for site of future Townplace Suites hotel. PLAYER: Nick Patel. Read more here.
BOUTIQUE: San Diego’s famous pineapple-themed Hotel Z will be redesigned and rebranded as part of Marriott network. Read more here.
BOUTIQUE: How a historic Miami-Dade courthouse could be redeveloped as boutique hotel. Read more here.
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
CAMPGROUND: KCN Campgrounds agrees to buy Michigan KOA Holiday. Read more here.
MARINA: Blackstone Infrastructure’s Safe Harbor Marinas agrees to buy MarineMax for $1.5B. Read more here.
MARINA: American Financial Group sells Charleston Harbor Resort & Marina. Read more here.
MARINA: Tyko Capital lends $322M to Integra Investment for planned West Palm Beach marina project. 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.
