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 an institutional bet on IOS and an industrial California expansion.
Today’s issue is sponsored by Data Center Dealmakers: Southeast — join 500+ data center pros from QTS, Arcapita, Menlo Digital, and others in the room where deals happen in Atlanta on October 7, 2026. Get your tickets here→ link
YARD SALE: Triten and Principal form JV on a 17-property IOS portfolio spanning 120 AC and 5 US markets. Read more here.
INDUSTRIAL EVOLUTION: Galvanize Real Estate enters California with a 300,000 SF, 4-property industrial portfolio in the Bay Area. Read more here.
SENIOR SURGE: Seniors housing deal volume tops $2B in August and the first half of September as M&A activity accelerates. Read more here.
STUDENT SCALE: Ares and Scion acquire a 4-property, 2,316-bed student housing portfolio for about $435M. Read more here.
DATA CENTER: Texas halts new data center permitting until December while ERCOT audits the industry's power use. Read more here.
DATA CENTER: New Jersey regulators fine a data center $1.07M over air violations tied to unpermitted gas generators. Read more here.
DATA CENTER: Pennsylvania regulators warn rapid data center growth could push the regional grid below reliability standards by 2027. Read more here.
DATA CENTER: Zeo Energy and Ewyze plan off-grid microgrids combining solar, batteries, and dispatchable power for US data centers. Read more here.
DATA CENTER: Meta signs a 144MW Texas solar PPA with Apex Clean Energy as it expands power for its data center footprint. Read more here.
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BATTERY STORAGE: U.S. battery storage installations hit a record 18.9 GWh in Q2, up 17% year over year. Read more here.
POWER GRID: Entergy breaks ground on a $2M project to upgrade 94 distribution poles and improve reliability for 1,900+ New Orleans customers. Read more here.
POWER GRID: Frontier Power will develop generation and storage at a Pennsylvania Army depot to add capacity and bolster grid resilience. Read more here.
NUCLEAR: TerraPower reopens bidding for full-phase construction of its $4B Natrium nuclear project in Wyoming. Read more here.
UTILITIES: Utilities are increasingly investing in transmission, storage, and other grid infrastructure as renewable generation expands. 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.
