Medalist REIT Reports Material Agreement
Ticker: MDRR · Form: 8-K · Filed: Oct 28, 2025 · CIK: 1654595
| Field | Detail |
|---|---|
| Company | Medalist Diversified Reit, Inc. (MDRR) |
| Form Type | 8-K |
| Filed Date | Oct 28, 2025 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.01, $11,000,000, $100,000, $5,350,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, financials, filing
TL;DR
Medalist REIT signed a big deal, filing an 8-K with new financials.
AI Summary
Medalist Diversified REIT, Inc. filed an 8-K on October 28, 2025, reporting an entry into a material definitive agreement on October 27, 2025. The filing also includes financial statements and exhibits related to this event.
Why It Matters
This filing indicates a significant new agreement for Medalist Diversified REIT, Inc., which could impact its financial performance and strategic direction.
Risk Assessment
Risk Level: medium — Material definitive agreements can introduce new risks or opportunities that may affect the company's future performance.
Key Players & Entities
- Medalist Diversified REIT, Inc. (company) — Registrant
- October 27, 2025 (date) — Date of earliest event reported
- October 28, 2025 (date) — Date of Report
- 804-338-7708 (phone_number) — Registrant's telephone number
FAQ
What type of material definitive agreement did Medalist Diversified REIT, Inc. enter into?
The filing does not specify the exact nature of the material definitive agreement, only that one was entered into on October 27, 2025.
What is the significance of filing financial statements and exhibits with this 8-K?
The inclusion of financial statements and exhibits suggests these are directly related to the material definitive agreement and provide further detail or context for investors.
When was the report filed with the SEC?
The report was filed on October 28, 2025.
What is Medalist Diversified REIT, Inc.'s state of incorporation?
Medalist Diversified REIT, Inc. is incorporated in Maryland.
What is the company's principal executive office address?
The principal executive offices are located at P.O. Box 8436, Richmond, VA, 23226.
Filing Stats: 1,322 words · 5 min read · ~4 pages · Grade level 14.2 · Accepted 2025-10-28 17:15:32
Key Financial Figures
- $0.01 — ed Trading Symbol(s) Common Stock, $0.01 par value Nasdaq Capital Market MDR
- $11,000,000 — deration for the Greenbrier Property is $11,000,000 (the "Greenbrier Consideration"), subje
- $100,000 — red to make an earnest money deposit of $100,000 within two business days of the Greenbr
- $5,350,000 — Wings and United Rentals Properties is $5,350,000 (the "Buffalo Wild Wings and United Ren
Filing Documents
- mdrr-20251027x8k.htm (8-K) — 51KB
- mdrr-20251027xex10d1.htm (EX-10.1) — 446KB
- mdrr-20251027xex10d2.htm (EX-10.2) — 365KB
- 0001104659-25-103260.txt ( ) — 1099KB
- mdrr-20251027.xsd (EX-101.SCH) — 3KB
- mdrr-20251027_def.xml (EX-101.DEF) — 3KB
- mdrr-20251027_lab.xml (EX-101.LAB) — 16KB
- mdrr-20251027_pre.xml (EX-101.PRE) — 10KB
- mdrr-20251027x8k_htm.xml (XML) — 5KB
01
ITEM 1.01 Entry Into a Material Definitive Agreement. Entry into Purchase and Sale Agreements On October 27, 2025, (the "Greenbrier Effective Date"), MDR Greenbrier, LLC, a Delaware limited liability company (the "Greenbrier Seller"), a wholly-owned subsidiary of Medalist Diversified REIT, Inc., a Maryland corporation (the "Company"), entered into a Purchase and Sale Agreement (the "Greenbrier Purchase and Sale Agreement"), with CLM Acquisitions, LLC, a Virginia limited liability company (the "Greenbrier Purchaser"), whereby the Greenbrier Purchaser agreed to acquire (the " Greenbrier Acquisition") the property located at 1244 Executive Boulevard, Chesapeake, VA, 23320, commonly known as Greenbrier Business Center (the "Greenbrier Property"). The total consideration for the Greenbrier Property is $11,000,000 (the "Greenbrier Consideration"), subject to the prorations and adjustments described in the Greenbrier Purchase and Sale Agreement. The Greenbrier Consideration is to be paid by the Greenbrier Purchaser to the Greenbrier Seller at the Closing (as that term is defined in the Greenbrier Purchase and Sale Agreement). The Greenbrier Purchaser is required to make an earnest money deposit of $100,000 within two business days of the Greenbrier Effective Date. The Greenbrier Purchase and Sale Agreement contains provisions, representations, warranties, covenants, conditions and indemnities that are customary and standard for the real estate industry and the sale of commercial real property. The Greenbrier Acquisition is expected to close within 60 days. Several conditions to closing on the Greenbrier Acquisition remain to be satisfied, and there can be no assurance that the Greenbrier Purchaser will complete the transaction on the general terms described above or at all. On October 28, 2025, (the "Buffalo Wild Wings and United Rentals Effective Date"), MDR Dan Tibbs Road, LLC, a Delaware limited liability company, and MDR Bowling Green, LLC, a Delaware limited
FINANCIAL STATEMENTS AND EXHIBITS
FINANCIAL STATEMENTS AND EXHIBITS (d) Exhibits Exhibit No. Description 10.1 Purchase and Sale Agreement, dated as of October 27, 2025, by and between MDR Greenbrier, LLC and CLM Acquisitions, LLC 10.2 Purchase and Sale Agreement, dated as of October 28, 2025, by and among MDR Dan Tibbs Road, LLC, MDR Bowling Green, LLC and FCPT Acquisitions LLC 104 Cover Page Interactive Data File – the cover page XBRL tags are embedded within the Inline XBRL Document 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 28, 2025 By: /s/ C. Brent Winn, Jr. C. Brent Winn, Jr. Chief Financial Officer