MCRE, LLC - Henry McClure -

From: Vicky Massey <vmassey@kellercraig.com> Sent: Friday, July 27, 2018 4:15 PM To: mcre@cox.net Subject: downtown topeka Henry.  I am working for Tim Keller now that Bob retired this year.  Can you point me in a direction for downtown office vacancy/occupancy statistics?  KS Commercial has not done a study for several years.  Does your loopnet have anything like that?  Or any office leases in the downtown area that you could share would be appreciated. Appreciate your help. Vicky Massey        Appraisal Assistant        Keller, Craig, & Associates, Inc. 120 E 9 th ST Ste. 201 Lawrence, KS 66044 6701 W 64 th Street, Suite 310, Overland Park, KS 66202 M: (785)608-6233                  E : vmassey@kellercraig.com

Sharolyn K. Marvin Escrow Officer Alpha Title, LLC 3024 SW Wanamaker Road (please enter on the east/back side of the Heritage Bank Building, we are on the 1 st floor) Suite 102 Topeka, KS  66614 785-783-4411 Fax 785-215-6122 Jon Coverdale      785-783-4411 (Phone) 785-328-4008 785-215-6122 (Fax) Jon@alphatitlellc.net www.alphatitlellc.net

Administered by Downtown Topeka, Inc. (for and on behalf of the City of Topeka ) Introduction The Downtown Topeka Redevelopment Incentive Grant Program is a financial incentive that is designed to encourage residential and commercial improvements of buildings for future use in the Capital City Business Improvement District. Grants are awarded as reimbursement for actual monies spent up to the limits provided below.  Grant applications will be considered on a first come, first serve basis according to the date and time of application until funds are exhausted.  The amount of funds available may change during the duration of this program. Funding for this program is provided by the City of Topeka and administered by Downtown Topeka, Inc.  Applications will be reviewed by the Downtown Topeka Redevelopment Grant Committee (Grant Committee).  The Grant Committee consists of members appointed by Downtown Topeka, Inc. and by the Downtown Topeka Business Impr...

From: Sam Besser <sbesser@jdirealty.com> Sent: Monday, June 25, 2018 1:18 PM To: mcre@cox.net Subject: JDI Intro, $2 Billion in Deals Hi Henry, I wanted to introduce myself and JDI Realty. JDI is an opportunistic private equity group that has partnered, purchased, and lent on over $2 Billion in deals in 40 states. We are actively seeking to provide capital to new JV partners/sponsors and or hard money financing, up to and above 80% LTV/LTC. Below are a few guidelines of what we are looking for. For more information on us please go to www.jdirealty.com .  Hard Money : $1-50 Million Up to 80% and above LTV/LTC on a deal-by-deal basis Bridge, Mezzanine, Discounted payoffs, and Recapitalizations Acquisitions/Joint Ventures Value-add : Industrial, Hotel, Multifamily, Student Housing, Senior/Assisted Living, Office, Storage, MOB, Retail, Manufactured Housing, etc. We also buy notes and portfolios of properties. Asset Classes: C+ to A Deal Size: ...

This is an interesting move on WPG's part. You have to admire anyone getting into retailing today. What this store will provide a roadmap to the good malls they manage on behalf of the stockholders. Yes; if it is good enough for Shelby it just may be good enough for rent-paying tenants?  Now, will Shelby step out into the real world? Is the concept ready to survive in the real world where hard-working entrepreneurs have to invest their own capital and sweat equity? This will be the litmus test for the concept. Can the concept grow legs?? I'm a big gambler and I will short Shelby just like  Brad Thomas   would WPG.  I will have to complement the store designer and the idea of filling the vacancy; you have so much space in Topeka.  The real question I have is this going to add value to my WPG stock?

Topeka will be represented at 2018 recon convention.  Molly Howey mhowey@gotopeka.com Phone: 785.231.6040 Fax:  785.234.8656 Please stop by and say hello. I love Topeka stop by and I'll tell you why.