Anyone here ever invested in data centers or other alternative assets?

It seems like single family home prices are holding up and rising around NYC and other urban centers as people flee due to COVID.

Population is rapidly increasing, job growth is rapidly increasing, relative to other major population centers property values in Texas are competitive and lastly as the Baby Boom Generation is on the door step of retirement many northern Boomers are flocking to warmer weather climates and to states that have relatively low taxation.  

LA is a center of entertainment.

One acronym I always liked is that real estate is said to be the IDEAL investment:Income (from cash flow)Depreciation (tax deduction due to depreciation)Equity growth (via principal paydown by tenant)Appreciation (generally, over time, even though I assume 0% appreciation in my return calculations)Leverage (and the corresponding inflation-profiting benefits through long-term fixed interest rate debt)@Keith Weinhold of Get Rich Education does a great job of explaining the many simultaneous profit centers real estate provides.  

I am in the Nashville market - to name a few (and definitely not all) of the reasons why it is hot:- HIGH demand for investment properties currently in many areas inside of Nashville city AND surrounding cities/counties, especially as the cost of living increases within Metro Nashville - resulting in low inventory- Businesses continue to move to and develop in Nashville (Amazon Operations Center of Excellence in 2021, Asurion expanding, Germantown & North Nashville being further developed, riverfront development, multiple hotels, etc.) - Zillow panelists (made up of economists and RE experts) analyzed that Nashville was the only market that was NOT predicted to fall in home value in 2020 / there is continued appreciation for the housing market- Nashville's 3-year net population growth is 5.56% (source: https://outandaboutnashville.c...)- Opportunity zones within the city are investors friendly for capital gains purposesAgain, these are a few of the reasons that Nashville's market is hot, and does not encompass all of the reasons that it is hot right now.

And in comparison with new construction, no one really wants to to choose old property even after rehab unless it's in the city center.

The city put a plan together about revitalizing the area around Center City. 

Basically, apartments buildings but there's a whole another world BP doesn't talk about much like charging/gas stations, server farms, parking lots, office buildings, towers, motels/hotels, shopping centers, etc.

Who invests in the Center Point area of Birmingham, Alabama?