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
property type: Retail
Former Franklin Mills Mall in Philadelphia Seen Selling; Redevelopment Planned
Bisnow Dean Adler, who co-founded investment manager Lubert-Adler, has agreed to buy the former Franklin Mills Mall in Philadelphia, with plans to redevelop it into mixed uses. Adler would invest $100 million into remaking the 37-year-old shopping center, creating 250 ...
Utah Mall Sees Another Drop in Appraised Value
Commercial Real Estate Direct Staff Report Newgate Mall in Ogden, Utah, which was taken through foreclosure in April 2021 by the CMBS trust that held what was a $58 million mortgage against it, has been reappraised at a value of $17.1 ...
CMBS Loan Against Dayton Mall in Ohio Gets Written Down Sharply
Commercial Real Estate Direct Staff Report The CMBS mortgage against the Dayton Mall in Dayton, Ohio, has had its term extended by just more than eight years through November 2030. The loan, securitized through WFRBS Commercial Mortgage Trust, 2012-C10, was ...
the 27,541 square feet of retail space on the two bottom floors of the Atrium Condominiums in Manhattan’s West Village
The property previously was owned by a venture led by what was then JMC Holdings of New York, which was founded in 2011 by J. Matthew Cassin and David Taylor, who previously were executives with Tishman Speyer Properties. JMC purchased the space ...
Maturing $76.15Mln CMBS Loan on Dover Mall in Delaware Moves to Special Servicing
The $76.15 million CMBS loan against the Dover Mall and Commons retail property in Dover, Del., is back in special servicing. The property very well could end up being owned by the CMBS trust that holds the loan.
Sterling Organization Buys Massive Retail Property in Allen, Texas
Dallas Business Journal Sterling Organization has bought Village at Allen, a 1.06 million-square-foot retail complex in suburban Dallas. The West Palm Beach, Fla., private equity firm purchased the property through its $600 million Sterling Value Add Partners IV investment fund. ...
South Plains Mall in Lubbock, Texas, Sees Sharp Drop in Appraised Value
Commercial Real Estate Direct Staff Report South Plains Mall in Lubbock, Texas, whose $200 million CMBS loan was extended recently by four years through November 2029, has been reappraised at a value of $114 million. The 1.31 million-square-foot shopping mall ...
CBL Gets $43Mln Loan Against S.C. Mall, Paying Off Matured CMBS Debt
Commercial Real Estate Direct Staff Report CBL & Associates Properties Inc. has lined up a $43 million mortgage from Bank of Montreal against the 403,671 square feet of retail space that it owns at the 748,094-sf Northwoods Mall in North ...
Dunhill Partners Sells 76,426-SF Shopping Center in Dallas
Dallas Business Journal A real estate fund advised by Crow Holdings Capital has purchased the 76,426-square-foot Shops at Mockingbird retail property in Dallas. Local property management company Dunhill Partners sold the property, which sits on 6.4 acres at 4550 West Mockingbird ...
Work to Start Next Month on $150Mln Retail Project in Albuquerque, N.M.
KRQE News SimonCRE is planning to start work next month on Lobo Crossing, a 363,000-square-foot shopping center in Albuquerque, N.M. The Scottsdale, Ariz., developer is building the retail property on a 38-acre site at the northeast corner of Interstate 25 and ...
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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.
