At MCB Real Estate, we excel at transforming visionary project ideas into reality by effectively assembling the necessary debt and equity. Our expertise in managing capital stacks for complex urban redevelopment projects ensures attractive risk-adjusted returns for our investors while mitigating associated risks.

A testament to our capability is the $157 million Yard 56 project. This endeavor turned a neglected factory site into a dynamic mixed-use development featuring retail spaces, a medical office building, multifamily housing, and a parking garage. The project required $96 million in debt and $61 million in equity, leveraging innovative financing mechanisms like New Markets Tax Credits and Opportunity Zone funds.

“As developers, we consider ourselves conductors, bringing together entitlements, tenancy, community organizations, and financing,” says MCB Managing Partner P. David Bramble. The Yard 56 project embodies our strategic approach and commitment to community revitalization.

Discover more about our capital stack strategy and the Yard 56 project as covered by ICSC.

Assets

Related News

Looking Ahead: Transforming Baltimore’s Inner Harbor for Future Generations
News
November 6, 2024
How MCB and Morgan State Alumni Are Transforming Northwood Commons
Community
October 25, 2024
White Paper: 2024 Retail Investing Outlook
Assets
September 20, 2024

Media & Press

Media Inquires

Jarnell Swecker

Managing Director, Marketing

jswecker@mcbrealestate.com

Sign up for Our Newsletter