Prime Highlights
- MCB Real Estate launches MCB Wealthbridge to expand tax-advantaged real estate investment offerings.
- Mike Waddell appointed CEO as DST market growth accelerates toward a record year.
Key Facts
- MCB Real Estate manages approximately $4 billion in assets and 22 million square feet nationwide.
- Waddell has overseen more than $6 billion in DST and tenant-in-common real estate transactions.
Background
MCB Real Estate has launched MCB Wealthbridge, a new division built to give high-net-worth investors access to tax-advantaged real estate opportunities through 1031 exchanges, Delaware Statutory Trusts and other income-focused investment structures.
The Baltimore-based firm, which manages roughly $4 billion in assets across approximately 22 million square feet nationwide, said the platform targets investors looking to reinvest proceeds from property sales, defer capital gains taxes and earn passive income without taking on active property management responsibilities.
Mike Waddell will lead the division as chief executive officer and also serve on its investment committee. Waddell brings experience overseeing more than $6 billion in DST and tenant-in-common transactions across multiple property types. He previously served as president of Capital Square, where he helped build one of the country’s largest 1031 exchange sponsors.
MCB Wealthbridge will direct its attention toward multifamily, student housing, industrial, retail and select specialty properties with stable income profiles. The platform targets assets with strong income potential and sound locations. DST structures also carry lower minimum investment thresholds than direct ownership, giving investors more room for flexibility and diversification.
P. David Bramble, co-founder and managing partner of MCB Real Estate, said the division’s name reflects its core purpose of helping investors pass wealth across generations through tax-advantaged real estate.
The launch comes as the DST market records strong growth. According to Mountain Dell Consulting, DST offerings raised more than $8.4 billion in 2025.
Through May 2026, the sector had already pulled in around $3.75 billion in equity, ahead of the $3 billion raised during the same period last year.
