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MCB Real Estate Acquires Pinkard Properties
MCB Real Estate has acquired Pinkard Properties and its 14-person professional team.
Katherine Pinkard, co-founder of the company, which provides asset and property management services for approximately two million square feet of space in the Maryland region, has been named Senior Managing Director, Property Management for MCB Real Estate. MCB’s current Property Management division leader, Marty Lastner, recently announced plans to retire.
“The opportunity to join forces with a highly-regarded asset and property management team perfectly aligns with our short- and long-term goals of accelerating the momentum of our vertically-integrated platform, and further accentuating our capabilities with Pinkard Properties’ high-touch service and proven protocols,” said MCB President Gina Baker Chambers. “With Katherine Pinkard and her team, we are gaining a group of seasoned property managers, engineers, maintenance, and operations professionals with deep expertise.”
In the past five months, MCB has acquired assets in California, Illinois, and New Jersey, bringing its total acquisitions over the past two years to more than $600 million.
