Power tops US site-selection factors in consultants' survey as data center demand strains utilities
79% of surveyed consultants cite electric power as a top factor, ahead of labor availability and geopolitics at 50%.
Soar AI secures up to $1 billion equity line for industrial-to-data-center conversions
The equity line targets an Ohio campus with 154 megawatts available and a roadmap to 480 MW, plus brownfield sites.
RMR arranges $272.1 million loan from Morgan Stanley, BNP for Cedars-Sinai medical office buildings
The interest-only financing carries a two-year initial term with three one-year extension options and is secured by two buildings on W. Third St.
AirTrunk defers $1.5 billion Singapore REIT IPO to next year
The Blackstone- and CPPIB-owned operator had weighed lifting the offering's yield to 6% before September's rate move chilled demand, Bloomberg reported.
Braemar sells Four Seasons Scottsdale for $372 million to Evergreen Acquisitions
Connect CRE lists the newly created public company as buyer; Braemar's 2022 purchase price was $267.8 million.