【CNBC】Why this billionaire real estate developer is waving a red flag over data centers

• Fernando de Leon, founder of Leon Capital Group, says he sees big problems in data center financing.
• While big players such as Blackstone, KKR and Bain Capital are buying in, De Leon said he is sitting out. 
• De Leon said he’s excited about how much more capital is coming in to commercial real estate from wealth firms, family offices, sovereign wealth funds and pensions. 

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