MCB Real Estate Partnership Closes Financing to Renovate Baltimore’s Markley Building
An MCB Real Estate-led partnership has received the final $6.3 million in financing for the renovation of The Markley, a historic early-20th-century building in Baltimore, Maryland.
The property is located adjacent to The Enolia, a student housing development that is master leased to Morgan State University in Baltimore City. MCB, together with Hamilton-Lauraville Main Street, OPAL Companies, and Reimagine Development Partners, are transforming the site, which was originally built as a general store, family residence and warehouse, into a mixed-use historic development.
The project will consist of approximately 900 square feet of street-level retail and 19 residential units. Constructed in 1912 and originally conceived as a general store, the building also served as a warehouse for the Markley family until 1955. Vacant for more than 10 years, the property was acquired by MCB as part of a larger assemblage that included the Enolia.
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Class A Res Community in Mesa, AZ Refinanced with $92M Loan
JLL Capital Markets arranged a $92.1 million refinancing for Atlas Mesa, a 394-unit, Class A multifamily community in Mesa, Arizona. The property, delivered in 2025, is owned by a venture between The Dinerstein Companies and PCCP, LLC. Located at 5818 E Baseline Road, just west of S. Sunview in one of Mesa’s fastest-growing corridors, Atlas...
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Bozzuto, Kimco Close on JV for Wilton Mixed-Use Project
Bozzuto and Kimco Realty have closed on a joint venture to develop a mixed-use community in Wilton, CT. The project will bring 168 apartment residences and approximately 11,000 square feet of ground-floor retail to a 5.62-acre site within the Kimco Wilton Office Campus along River Road, advancing the redevelopment of an existing office property in...
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Portsmouth Multifamily Deal Marks Buyer’s Entry into the Market
Marcus & Millichap closed the sale of Monarch Village, a six-building multifamily property in Portsmouth, NH. The sale price was $9.4 million. “Monarch Village is a recently renovated, well-located property,” said John Craig, director investments in Marcus & Millichap’s Boston office. “We conducted 15 tours with buyers from multiple states. The winning buyer was looking...
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Brokers
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
Lenders
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout