MCB Wealthbridge, a sponsor of tax-advantaged real estate investments powered by national investment and development firm MCB Real Estate, has launched the MCB The Enolia Student Housing DST, owner of a newly delivered, purpose-built housing community serving Morgan State University (MSU) in northeast Baltimore. The firm seeks to raise approximately $36 million in equity from accredited investors, through broker-dealers and registered investment advisers (RIAs), for the Delaware statutory trust, which provides ownership interests in the class A, 473-bed property developed in partnership with the university. With attractive financing terms and a favorable loan-to-value ratio, the offering is positioned to help meet the needs of accredited investors seeking replacement debt to satisfy their 1031 exchange requirements.
Located at 4529 Harford Road, less than one mile from MSU, The Enolia is a newly constructed, five‑story community featuring 151 units and 473 beds, designed to