MDH Partners Secures $111.5M Truist Loan for Industrial Expansion

MDH Partners has secured a major financial boost with the closing of $111.5 million in financing from banking giant Truist, marking a significant development in industrial real estate investment. The Canyon Loan, a five-year non-recourse facility, supports nearly 800,000 square feet of MDH's recent acquisitions across three key states: Georgia, Nevada, and California. Key players driving this transaction include Matthew Ludwig, Director of Debt Capital Markets at MDH Partners, who joined the firm in June 2025 and successfully secured the financing, and Mark Hancock of Truist, who originated the loan. This substantial financial backing strengthens MDH's position in the competitive industrial real estate market and demonstrates continued confidence from their long-standing banking partner.

The financing specifically supports MDH's acquisitions of four industrial properties that form what's known as the Canyon Portfolio. These include 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 acquired in February 2025; and Ontario Commerce Park in Ontario, California, a fully leased, four-building 133,400-square-foot industrial park closed in September 2025. According to Matthew Ludwig, the successful financing reflects MDH's disciplined underwriting approach and the high performance of these assets, despite current capital market volatility. The Canyon Loan represents Truist's fifth portfolio closing with MDH over the past five years, highlighting the strong relationship between the two firms.

This financing significantly enhances the buying power of MDH's Fund III, a $1.2 billion discretionary fund that continues to actively pursue high-quality industrial assets in top-tier markets. The firm has already closed more than $1.3 billion in assets since the beginning of 2024 and has another $175 million of properties under control or recently closed awaiting financing. With approximately 35 million square feet under management across 33 markets in 18 states, MDH Partners remains bullish on their target markets and well-positioned to continue deploying strategic capital. For more information about MDH Partners and their industrial real estate investments, visit their website at www.mdhpartners.com where interested parties can learn about their extensive track record spanning over $7 billion in acquisitions and developments.