Rooted in the Midwest. Built on discipline.
Middle Coast Holdings is a private real estate investment and operating firm headquartered in Chicago, Illinois. We acquire, improve, and operate multifamily and mixed-use assets across resilient Midwest markets — combining institutional underwriting standards with the discipline and directness the region is known for.
We are not brokers, and we are not a fund chasing volume. Every opportunity passes through the same conservative underwriting engine, built on real operator math: actual expenses, stress-tested debt, and no broker-brochure assumptions. Most deals fail our test. That is the point.
Jason Mahadik, Founder

Jason Mahadik is a disciplined operator with a career spanning multiple industries, scaled multimillion-dollar projects, and the operating systems behind them. Middle Coast is the expression of that operating discipline applied to real assets: buy carefully, improve deliberately, operate with precision, and hold for the long term.
Born and raised in Scotland, he chose the Midwest the way he underwrites buildings: on the numbers, the people, and values that survive inspection. He founded Middle Coast on a simple standard — treat every dollar like it's your own, because at Middle Coast, our own capital is invested right beside our partners'.
Connect with Jason on LinkedIn.
What we believe
Discipline compounds. The best deal is often the one you don't do. Published criteria, consistently applied, outperform enthusiasm.
The Midwest is the opportunity. Durable demand, sensible prices, real cash flow — the heart of America rewards owners who do the math and stay for decades.
Transparency is a strategy. We publish how we underwrite, we show the counter-case, and we report to partners with the candor we would demand ourselves.