David Simon Passes Away After Battle with Cancer
March 23, 2026
CREFC’s Lisa Pendergast Retiring in August
March 20, 2026
Brookfield Revives GGP Name for Malls
January 7, 2026
City: Jonesboro
Tornado-Damaged Mall in Arkansas Sells, Resolving Troubled CMBS Loan
Commercial Real Estate Direct Staff Report Mall at Turtle Creek in Jonesboro, Ark., which backed what in 2016 was a $71.86 million CMBS loan, has been sold, resulting in $20.13 million of losses to the two trusts that held the ...
a portfolio of three Atlanta-area apartment properties with 778 units
The $102 million acquisition marks the first investment by LRE Opportunity Fund I, the buyer's first commingled fund, which had $55 million for its first closing. It's raised capital from family offices, high net-worth investors and small- and mid-sized institutions. ...
LRE Management Pays $102Mln for Atlanta Apartment Portfolio
LRE Management, a Mamaroneck, N.Y., investor formed 12 years ago, has completed the $102 million acquisition of three apartment properties in the Atlanta area. The purchase marks the first for its inaugural LRE Opportunity Fund I.
CMBS Loan Against Tornado-Destroyed Mall in Arkansas Gets Appraisal Reduction
Commercial Real Estate Direct Staff Report Mall at Turtle Creek in Jonesboro, Ark., which was heavily damaged by a tornado in early 2020, resulting in its near total demolition, has been hit with a total appraisal reduction amount of $16.32 ...
Mall at Turtle Creek/300 East Highland Drive
95 percent leased. The company will assume a $79.5 million mortgage that's securitized through Greenwich Capital Commercial Funding Corp., 2006-GG7. The 6.54 percent loan matures in June 2016, according to servicer data compiled by Morningstar.
Shopping Center Planned for Jonesboro, Ark.
Arkansas BusinessMBC Holdings LLC has announced plans for a $15 million retail center in Jonesboro, Ark. The 100,000-square-foot center on Fairpark Boulevard will be anchored by a Kohl's Department Store.
Developer Buys 2 Downtown Jonesboro, Ark., Buildings
Arkansas BusinessTwo downtown Jonesboro, Ark., buildings have been sold to MBC Holdings, a local developer. MBC Holdings purchased the 38,000-square-foot former Citizens Bank property at 100 W. Washington Ave., which was built in 1953 and owned by the estate of ...
Wal-mart of Jonesboro Ark
Wal-mart will occupy the property for the next 10 to 15 years
About
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
