Wall Street is pitching data centers as a major real estate bet. The risks are piling up$
Wall Street firms are increasingly packaging data center infrastructure as public and private investment opportunities, led by Blackstone's new data center REIT and potential offerings from Blue Owl and Brookfield. The investment case faces growing political opposition, state moratoriums in New York and Texas, grid constraints and project-specific risks, including delays surrounding Oracle's Project Jupiter in New Mexico.






