How to Build and Fund Data Centers

​A Two-Day Workshop with Legacy Investing’s Danny English

​About this event

​A two-day interactive workshop designed for real estate investors, developers, and capital allocators who want to understand—and invest in—the data center asset class.

​Led by Daniel English, Managing Partner at Legacy Investing, one of the country’s leading data center developers and investors. Daniel and his team have been developing data centers since before the cloud and have delivered over 2GW with billions invested serving hyperscale, AI and enterprise tenants.

​Monday, June 29: 12:00am-1:30pm ET
Tuesday, June 30: 12:00am-1:30pm ET

​Both sessions will be recorded and shared with all participants via Circle.

​Over two 90-minute live sessions, you’ll learn how the data center ecosystem works, explore live underwriting case studies, and walk away with practical tools to evaluate, structure, and invest in data center deals.

​Participants will receive post-course access to Circle, where we’ll share recordings, underwriting models, and deal examples.

​You’ll learn how to:

• ​Understand the data center market: what it is, what’s driving demand, and where opportunities exist
• ​Evaluate site fundamentals: power, fiber, and land constraints that drive value
• ​Compare project types: ground-up, conversions, co-location, hyperscale, and edge facilities
• ​Analyze tenants and leases: how data center revenue models differ from traditional real estate
• ​Underwrite data center investments: ground-up and conversion projects using real models
• ​Structure capital stacks: how institutional investors and developers partner on these deals

​You’ll leave with actionable insight into how to invest in data centers–how they work, where the money is made, and what separates winning projects from the rest.

​The Workshop Will Cover

​Day One: The Macro Playbook & How Data Centers Work

• ​The First Asset Class Built for Machines, Not Humans: How data centers differ from traditional property types—and why they’re now central to the built environment
• ​What’s Driving Demand: AI, cloud migration, and enterprise computing are reshaping global power demand. Understand where growth is coming from—and what markets are next
• ​Powered Land and Site Selection: How power access, fiber connectivity, cooling, and zoning shape feasibility—and why “powered land” has become an asset class of its own.
• ​Project Types & Construction Requirements: From hyperscale to edge to co-location—how different formats are designed, delivered, and monetized
• ​Tenants & Leases: How hyperscalers, colos, Neoclouds, and enterprises contract for capacity. Learn how lease structures differ from real estate norms (power usage, SLAs, uptime guarantees)
• ​Trends & Evolving Dynamics: The rise of AI workloads, demand for high-density cooling, and how capital markets are shifting toward infrastructure-style underwriting

​Day Two: The Deal Level–How to Underwrite a Data Center Investment

• ​Underwriting an Infrastructure Investment, Not Real Estate: Why data centers are valued more like power plants than buildings–and how to reflect that in your models
• ​Case Study 1: Ground-Up Development: Step-by-step underwriting of a new data center project–from site acquisition and utility coordination to lease-up and exit. Includes cost, revenue, and return modeling
• ​Case Study 2: Office-to-Data Center Conversion: How adaptive reuse projects work—what makes a building viable, estimating retrofit costs, and structuring joint ventures between developer and operator
• ​Capital Stack Design & Investor Alignment: How institutional investors, private equity firms, and developers structure deals: co-GP, promotes, sale-leasebacks, and platform-level partnerships
• ​Risk & Return Frameworks: Learn how power pricing, tenant credit, capex exposure, and market selection impact underwriting and deal execution

​Who’s Teaching

​Daniel English - Managing Partner, Legacy Investing

​Daniel is one of the leading data center developers and investors in the U.S. At Legacy, he leads the development of next-generation infrastructure, from e-commerce warehouses to data centers built for the age of AI. With a career that bridges technology and real estate, Daniel is known for transforming spaces into high-performance, design-driven environments.  

​Thesis Driven

​A media-led real estate & capital-markets platform teaching investors and sponsors the strategies shaping the built world.

​Format & Access

• ​Two live sessions: Each 90 minutes, split across two days
• ​Post-workshop access via Circle:
  All participants will receive an invitation to join our private Circle community after the workshop concludes.

​Within one week of the workshop ending, participants will receive access to:

• ​Full session recordings
• ​Slides and presentation decks
• ​Tools, vendor lists, and implementation resources

​Circle is where we host all workshop materials and continue the conversation. Members also gain access to a live, active community of real estate investors, developers, operators, and capital allocators to connect, ask questions, and continue the discussion beyond the session.

​Frequently Asked Questions

​Will participants receive a copy of the materials?
Yes. All registered participants will receive an invitation to join our private Circle community. Recordings, slides, models, and case studies will be uploaded within one week of the workshop ending.

​I can’t make this time—will a recording be available?
Yes. All registered participants receive access to the recordings and materials via Circle, even if they cannot attend live.

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