Good morning. Welcome to CREalts! Every day, we cover the top stories in alternative CRE sectors. Today, we learn about predicted data center expansion and TEP’s government property portfolio recap.
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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
DATA DEVELOPMENT: Number of large-scale US data centers expected to triple by 2030. Read more here.
BUREAUCRACY’S BIG BUCKS: TEP recaps $450M portfolio of 98 government-leased properties. Read more here.
OFFICE SPACE: Nuveen Green Capital supplies $93M C-PACE financing for office-to-hotel conversion in Cleveland. Read more here.
CRAZY TIMES: Making sense of 2026’s CRE market and geopolitics so far. Read more here.
BOUTIQUE: Rockpoint, Newbond buy Hotel Maren Fort Lauderdale for $47M. PLAYERS: Patrick Ryan, Neil Luthra. Read more here.
BOUTIQUE: How a chance encounter led to the 2022 acquisition of the Cormorant Boutique Hotel in La Jolla, CA. Read more here.
UPSCALE: JMI Realty receives $28.8M loan for acquisition of Hilton Garden Inn Austin Downtown. PLAYERS: Beau Williams, Drew Gilligan. Read more here.
UPSCALE: Athena Hospitality buys Courtyard by Marriott in Dayton, OH, metro area. Read more here.
RESORT: Ryman Hospitality buys Grande Lakes Orlando Resort. PLAYER: Mark Fioravanti. Read more here.
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ARENA: Plans unveiled for South Philly arena set to host NBA, NHL, and WNBA teams. Read more here.
ARENA: Oak View Group in talks to purchase Oakland Arena. Read more here.
FITNESS CLUBS: OneLife Fitness buys Phase 3 Fitness clubs in Birmingham, AL, metro. Read more here.
CAMPGROUND: Axia Partners buys Beaver Meadow Family Campground in Western New York. Read more here.
MARINA: Colliers facilitates sale of Constitution Marina in Boston to Go Outdoors. PLAYERS: Andrew Cantor, Matt Putnam, Dan Grovatt. 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.
