MCB Real Estate-Led Partnership Secures Final $6.3 Million for Markley Renovation

By Public Technologies
  • MCB Real Estate-led partnership closed the final $6.3 million in financing to renovate the historic Markley building in Baltimore.
  • Financing includes a $2.5 million construction loan from Wesbanco and a $2.7 million bridge loan from Neighborhood Impact Investment Fund.
  • Reimagine Development Partners provided a $1.1 million investment as the federal historic tax credit investor.
  • The redevelopment will contain 19 residential units and approximately 900 square feet of street-level retail, with delivery expected next summer.


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