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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 the activist investors targeting the Rexford Industrial REIT and Peakstone’s $177M property sale.
Today’s issue is sponsored by DealNav - the simple and affordable CRM and deal management tool with easy interface and integrated map.
ACTIVIST AGENDA: Elliott Investment takes major stake in $10B Rexford Industrial Realty after Land & Buildings buy-in. Read more here.
OFFICE OFFLOAD: Peakstone Realty Trust sells office and industrial properties in Alabama, Colorado and Maryland for $177M. Read more here.
SAYONARA, SENIORS: Diversified Healthcare Trust shifts 116 senior living communities as AlerisLife winds down operations by 2026. Read more here.
CHECK-OUT TIME: Braemar Hotels & Resorts launches sale of 14-property luxury portfolio after activist pressure. Read more here.
IOS: Realterm closes $350M logistics credit fund to finance industrial and logistics properties nationwide. Read more here.
IOS: CBRE sells 47 acre scrapyard owned by Icahn Enterprises in Nashville, Tennessee, for $245M. Read more here.
SMALL BAY: Robert Martin Co. and Dune Real Estate Partners secure $500M refi loan for New York industrial portfolio. Read more here.
SMALL BAY: Captiva Partners buys Los Angeles area small bay portfolio for $26.5M. Read more here.
COLD STORAGE: Lineage expands U.S. and Canadian cold storage with new bonded facility and Quebec acquisitions. Read more here.
Want deeper insights on industrial alts? Subscribe to IOS List, Small Bay List, and Cold Storage List.
SFR: JLL arranges sale of 375-home single-family rental portfolio across 8 major markets in Texas, Georgia, and North Carolina. Read more here.
SFR: Matthews brokers sale of 98-unit Walker Place single-family rentals in Hewitt, Texas. Read more here.
BTR: Peakline Real Estate launches BTR Fund with 187-townhome EDEN Steele Creek project in Charlotte, North Carolina. Read more here.
SENIOR HOUSING: Harrison Street sells New York senior housing portfolio of 5 properties for over $600M. Read more here.
STUDENT HOUSING: UK-based Yugo targets American student housing market with acquisition of Campus Advantage. Read more here.
Want deeper insights on housing alts? Subscribe to BTR List and Student Housing Daily.
DISTRESSED: Cohen Brothers sells Midtown Manhattan office building for $188M. Read more here.
MEDICAL OFFICE: Hammes Partners raises $445M for US healthcare real estate investments, surpassing target by $100M. Read more here.
MEDICAL OFFICE: Four Corners acquires 6 Novant Health urgent care properties in South Carolina for $12M. Read more here.
COWORKING: Global coworking generates just 6.5% of revenue but drives growth in Asia and US flex markets. Read more here.
Want deeper insights on office alts? Subscribe to Med Office List.
BOUTIQUE: DoveHill acquires luxury White Barn Inn in Kennebunk, Maine, from Auberge Resorts. Read more here.
BOUTIQUE: Dreamscape Hospitality adds 85-room St. Clair Inn in Michigan to Marriott Tribute Portfolio. Read more here.
EXTENDED STAY: Apollo provides $500M financing to Highside Companies for Everhome Suites expansion with Choice Hotels. Read more here.
EXTENDED STAY: Shridatt acquires 110-key Executive Residency by Best Western in Horsham, Pennsylvania, for $11.5M. Read more here.
MARINAS: Stella Marinas and Drake Real Estate acquire South River and Turkey Point marinas near Annapolis, Maryland. Read more here.
DOT Injects $755M Into Parking Crisis
Congress is stepping up: a new bill proposes $755 million to expand free, public truck parking across the U.S.
This push comes after OOIDA and Rep. Mike Bost (R‑IL) pressed hard for action—and it's finally landing real funding for real
— #Rig Hut Truck Parking (#@truckpark_king)
4:02 PM • Aug 28, 2025
DATA CENTER: STACK Infrastructure launches $165B Project Jupiter data center campus in Doña Ana County, New Mexico. Read more here.
DATA CENTER: Lancaster East data center site in Pennsylvania sells for $75M as developers plan $4B project. Read more here.
DATA CENTER: AI data center boom repurposes old coal plants into high-tech energy hubs. Read more here.
SOLAR: Renewable Properties acquires 38 MW Pennsylvania solar portfolio from Prospect14. Read more here.
Want to go deeper on InfoTech alts? Subscribe to Data Center View.
C-STORE: Bond Street REIT secures $300M investment from Conversant Capital to expand convenience retail portfolio. Read more here.
C-STORE: Mega Saver grows Iowa footprint with acquisition of 20-plus Kum & Go stores. Read more here.
NET LEASE: Four Corners Property Trust expands healthcare footprint with $6.6M urgent care net lease acquisition. Read more here.
NET LEASE: Single-tenant net lease retail shows resilience as sales volume rises, prices stabilize. 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.
