MDH Partners raises $350m for value-add real estate fund
Atlanta-based MDH Partners has closed on $350 million in capital commitments for its MDH Fund I, a closed-end real estate fund that invests in value-add “last-mile” logistics and industrial properties in the United States.
The fund, which required a minimum investment of $5 million, was targeting $300 million and will also build traditional single- and multi-tenant warehouses. Its current portfolio is primarily located on the East Coast, according to the firm.
MDH has participated in more than $3 billion of acquisitions, developments and asset management.