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MCB Real Estate Builds Multifamily Portfolio With $386 Million Acquisition

Deal Marks Growth in Traditionally Overlooked Sector for Baltimore Firm
A 351-unit apartment complex at 3340 Hampton Point Drive in Silver Spring, Maryland, sold for $96.5 million, the highest price in a five-property portfolio. (CoStar)
A 351-unit apartment complex at 3340 Hampton Point Drive in Silver Spring, Maryland, sold for $96.5 million, the highest price in a five-property portfolio. (CoStar)
CoStar News
September 6, 2022 | 7:14 P.M.

(Updated Sept. 7 to correct the price MCB Real Estate paid for the multifamily portfolio.)

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