MDH Partners Secures $946.8M Refinancing For 59 Industrial Assets Across 15 States With Wells Fargo

The transaction involves a refinancing of 59 industrial assets located across 15 states in the United States, totaling 13.5 million square feet. The total loan amount for this refinancing is $946,800,000. Wells Fargo is the primary lender, providing $768,800,000, while ACORE Capital contributed $160,000,000. The refinancing effort is part of “Project Interstellar,” which restructures nine existing loans into seven new ones.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $946,800,000
• Lender: Wells Fargo
• Additional Lender: ACORE Capital
• Landlord: Jeff Small, Jr - MDH Partners

This transaction highlights the involvement of Jeff Small, Jr, representing MDH Partners as the landlord in the deal. The restructuring of the loans reflects a strategic financial maneuver aimed at consolidating debt across multiple assets efficiently.