Medalist REIT Completes Asset Acquisition/Disposition
Ticker: MDRR · Form: 8-K · Filed: Oct 23, 2025 · CIK: 1654595
| Field | Detail |
|---|---|
| Company | Medalist Diversified Reit, Inc. (MDRR) |
| Form Type | 8-K |
| Filed Date | Oct 23, 2025 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.01, $9,930,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: acquisition, disposition, assets
TL;DR
Medalist REIT just bought or sold assets, details TBD.
AI Summary
On October 23, 2025, Medalist Diversified REIT, Inc. reported the completion of an acquisition or disposition of assets. The filing does not specify the nature of the assets, the counterparty, or any financial details related to this transaction.
Why It Matters
This filing indicates a change in Medalist Diversified REIT's asset portfolio, which could impact its future revenue streams and strategic direction.
Risk Assessment
Risk Level: medium — The lack of specific details regarding the asset transaction creates uncertainty about its financial implications and strategic fit.
Key Players & Entities
- Medalist Diversified REIT, Inc. (company) — Registrant
- October 23, 2025 (date) — Date of earliest event reported
FAQ
What specific assets were acquired or disposed of by Medalist Diversified REIT, Inc.?
The filing does not specify the nature of the assets involved in the acquisition or disposition.
What was the financial value of the asset transaction?
The filing does not disclose any dollar amounts associated with the completed acquisition or disposition of assets.
Who was the counterparty in this asset transaction?
The filing does not identify the other party involved in the acquisition or disposition of assets.
What is the strategic rationale behind this asset transaction?
The filing does not provide information regarding the strategic reasons for the acquisition or disposition of assets.
When did the asset transaction officially close?
The filing states that the earliest event reported was on October 23, 2025, indicating the completion date.
Filing Stats: 566 words · 2 min read · ~2 pages · Grade level 11.1 · Accepted 2025-10-23 16:45:16
Key Financial Figures
- $0.01 — ed Trading Symbol(s) Common Stock, $0.01 par value Nasdaq Capital Market MDR
- $9,930,000 — les price received for the Property was $9,930,000. The sale was based on arm's length neg
Filing Documents
- mdrr-20251023x8k.htm (8-K) — 37KB
- 0001104659-25-101861.txt ( ) — 150KB
- mdrr-20251023.xsd (EX-101.SCH) — 3KB
- mdrr-20251023_def.xml (EX-101.DEF) — 3KB
- mdrr-20251023_lab.xml (EX-101.LAB) — 16KB
- mdrr-20251023_pre.xml (EX-101.PRE) — 10KB
- mdrr-20251023x8k_htm.xml (XML) — 5KB
01
Item 2.01 Completion of Acquisition or Disposition of Assets As previously disclosed in the Form 8-K filed with the Securities and Exchange Commission by Medalist Diversified REIT, Inc. (the "Company") on August 8, 2025, on August 8, 2025, MDR Salisbury, LLC, a Delaware limited liability company (the "Seller"), a wholly owned subsidiary of the Company, entered into a Purchase and Sale Agreement (the "Agreement"), with Salisbury SC LLC, a Delaware limited liability company (the "Purchaser"), whereby the Purchaser agreed to acquire from the Seller the property located at 2106 Statesville Blvd., Salisbury, NC, commonly known as Salisbury Marketplace Shopping Center (the "Property"). On October 23, 2025, the Company closed on the sale of the Property. The total sales price received for the Property was $9,930,000. The sale was based on arm's length negotiations with an unaffiliated purchaser. The Company expects to use a portion of the proceeds from the sale of the Property to repay a portion of existing debt. The foregoing description is only a summary of the material provisions of the Agreement and is qualified in its entirety by reference to the full text of the Agreement, which was filed as Exhibit 10.2 to the Company's Current Report on 8-K filed on August 8, 2025 and incorporated by reference herein. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. MEDALIST DIVERSIFIED REIT, INC. Dated: October 23 , 2025 By: /s/ C. Brent Winn, Jr. C. Brent Winn, Jr. Chief Financial Officer