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Recent Updates — MDRR

September 8, 2026View Source ↗

Medalist Diversified, Inc. closed on the sale of its Brookfield Property in Greenville, South Carolina, for $10.1 million on September 1, 2026, using $4.34 million to defease and retire the associated mortgage loan. The company also entered a joint venture with Spandrel Development Partners, contributing $4.0 million for a 42% preferred equity interest in Mira Sav Partners LLC, while providing a limited guaranty for an approximate $13.5 million construction loan. Additionally, Medalist reinstated and amended its Purchase and Sale Agreement for the Aubrey, Texas property, reducing the sales price from $5,494,444 to $5,404,864 and extending the inspection period. The company operates in the real estate investment trust industry, owning and managing a diversified portfolio of commercial properties.

August 5, 2026View Source ↗

Medalist Diversified, Inc. closed on the sale of the Ashley Plaza Shopping Center, a 164,012 square foot retail property in Goldsboro, North Carolina, for $16,275,000 on July 31, 2026. The company used $10,060,697 of the proceeds to defease and retire the mortgage loan secured by the property. This transaction is part of a series of dispositions since December 31, 2025, including the sale of properties in Salisbury, Bowling Green, Huntsville, Chesapeake, Virginia Beach, Gastonia, and Chicago, as well as the deconsolidation of the XXV DST 1 entity following the sale of its Class 1 beneficial interests. The filing includes unaudited pro forma financial statements reflecting these dispositions and the deconsolidation. Medalist Diversified, Inc. operates in the real estate investment trust (REIT) industry, owning and managing a diversified portfolio of retail properties.

July 29, 2026View Source ↗

Medalist Diversified, Inc. closed on the acquisition of a property located at 14939 Metcalf Avenue in Overland Park, Kansas, for $5,800,000 paid from cash on hand. The transaction involves approximately 1.64 acres and a 16,100 square foot automotive service building acquired via a Delaware statutory trust to facilitate a private placement of beneficial interests to accredited investors under Regulation D. Medalist Diversified, Inc. operates in the real estate investment sector.

July 22, 2026View Source ↗

Medalist Diversified, Inc. entered into two purchase and sale agreements on July 21, 2026, to acquire two Caliber Collision Center properties in Texas: the Denton property for $5,494,444 and the Denton property for $5,648,000. The company intends to assign its interests in these acquisitions to to-be-formed Delaware statutory trusts to offer beneficial interests to accredited investors via private placement. Medalist Diversified, Inc. operates in the real estate industry, focusing on commercial property acquisitions and management.

July 13, 2026View Source ↗

Medalist Diversified, Inc. declared a quarterly cash dividend of $0.0675 per share, payable on July 30, 2026, to holders of record as of July 23, 2026. Medalist Diversified, Inc. operates in the diversified industrial sector and provides various industrial and manufacturing services.