MDH Partners Secures $111.5 Million Financing from Truist for Industrial Portfolio Expansion

MDH Partners has closed $111.5 million in financing from Truist, supporting nearly 800,000 square feet of the firm's recent industrial acquisitions across Georgia, Nevada, and California. The Canyon Loan represents a significant capital infusion that will enhance MDH's strategic positioning in key industrial markets. Matthew Ludwig, Director of Debt Capital Markets at MDH who joined the firm in June 2025, secured the financing, while Mark Hancock of Truist originated the loan for the firm.

Ludwig emphasized the significance of the financing arrangement, stating, "Acknowledging the volatility within the capital markets, our disciplined underwriting, coupled with the high-performance of these assets, allowed us to secure competitive financing from our long-standing partner, Truist Bank." He further explained that "The Canyon Loan strengthens the buying power of Fund III as we continue pursuing high-quality assets in top-tier industrial markets, including multiple new acquisitions in Texas and California, which we are excited to bring to market for financing in the coming weeks."

The five-year, non-recourse Canyon Loan specifically supports MDH's acquisitions of three key industrial properties: 3970 Johns Creek in Suwanee, Georgia, a 130,783-square-foot industrial property purchased in June 2025; Sunrise Buildings One and Two in Las Vegas, totaling 509,216 square feet and located at 4601 E Cheyenne Ave and 3101 N Marion Drive, acquired in February 2025; and Ontario Commerce Park in Ontario, California, a fully leased, four-building 133,400-square-foot industrial park located at 720 – 780 S. Miliken Ave, which closed in September 2025.

Truist's Hancock highlighted the strategic importance of the partnership, noting that "The Canyon Portfolio marks Truist's fifth portfolio closing with MDH over the past five years and we greatly appreciate the full relationship we have formed with industry-leading MDH Partners." He added that "The geographic and tenant diversification within the Canyon Portfolio, along with MDH's proven management, allows this loan to cleanly fit within our Client and CRE strategy."

MDH is currently investing its Fund III, a $1.2 billion discretionary fund, and has closed more than $1.3 billion in assets since the beginning of 2024. The firm maintains another $175 million of properties under control or recently closed that have yet to be financed, indicating continued momentum in its industrial investment strategy. MDH continues to actively pursue industrial investment opportunities across all risk profiles while currently owning or managing approximately 35 million square feet across 33 markets in 18 states. For more information about the company's activities, visit https://www.mdhpartners.com.