MCB SCIENCE + HEALTH ENTERS SENIOR LIVING SPACE

MCB SCIENCE + HEALTH ENTERS SENIOR LIVING SPACE WITH Acquisition Of Site Comprising Mix Of Assisted Living And Memory Care Units  

Subsidiary of MCB Real Estate subsequently recapitalized its equity interest

Baltimore, MD (November 10, 2025) – MCB Science + Health has entered the senior living space with the acquisition of a property comprising a mix of Assisted Living and Memory Care units and subsequently capitalized its equity interest through a partnership that supports broader investment objectives. The asset, which was delivered in 2019, is a modern, high-performing community operating on a 100 percent private-pay model, eliminating exposure to Medicare or Medicaid reimbursement structures.

“This acquisition underscores our mission to invest in senior living communities where care is not an amenity but, rather, it is the core,” stated Will Germain, CEO and Managing Partner, MCB Science + Health. “Properties with a strong mix of assisted living and memory care, represent the type of operational model we believe in given its durable, scalable, and resident-focused attributes. Senior housing remains among the most resilient segments in multifamily real estate and, as occupancy climbs and new construction stays tight, smart operators are doubling down on quality assets that deliver real value to residents and investors alike.”

Germain added that no major capital projects are required in the near-term, and the asset presents a light value-add opportunity where performance can be enhanced through focused operations, instead of renovations.

Market conditions further support the investment thesis. According to Berkadia Senior Housing, U.S. senior living sales volume surged 71 percent year-over-year in the first half of 2025, signaling renewed confidence in the sector. The asset’s location in Florida, where more than 25 percent of the population is over the age of 65 aligns with demographic trends indicating more than 11,000 Americans turn 65 every day.

The acquisition follows last year’s $28 million acquisition of 1331 West 75th Street, a more than 72,000 square foot Medical Office Building in Naperville, Illinois. Known as iMed Naperville Medical Office, the four-story asset was 96 percent leased and occupied at the time of the sale and is anchored by Endeavor Health (formerly Edward-Elmhurst Health).

The group recently delivered the Drexeline Medical Office Building, a 60,000 square foot healthcare component of Drexeline Town Center, a mixed-use development situated in the Philadelphia suburb of Drexel Hill, Pennsylvania. The three-story medical office building located at 5100 State Road is 100 percent leased to Delaware County Human Services and Children’s Hospital of Philadelphia (CHOP), a major non-profit hospital group.

In 2023, MCB Science + Health delivered the Wellness Center at Yard 56, an 80,000-square-foot, Class “A” medical office building located across the street from Johns Hopkins Bayview in Baltimore, Maryland. Featuring floorplates of up to 27,600 square feet and amenities for hospital guests, patients, employees, and residents, the asset is leased by Baltimore Medical System, Innovative Physical Therapy, Bay Vanguard Bank and LabCorp.

MCB Science + Health is also developing a life sciences campus within VIVA White Oak, a 280-acre site situated between the U.S. Food and Drug Administration and Adventist White Oak Hospital in the Washington, D.C. submarket which is approved for 12 million square feet of mixed-use development. The project plan includes residences, retail, and restaurants and two million square feet of biomedical/biotech labs, medical offices and research and development facilities.