Medalist Diversified REIT, Inc. (NASDAQ:MDRR) (the "Company" or "Medalist"), announced today that its Board of Directors has authorized and the Company has declared a quarterly dividend on its common stock (the "Common Stock") in the amount of $0.0675 per share (the "Dividend"). The Dividend will be payable in cash on April 22, 2025 to holders of record of the Common Stock as of April 17, 2025. Medalist specializes in acquiring, owning and managing commercial real estate in the Southeast region of the U.S and has elected to be taxed as a real estate investment trust, or REIT, for federal income tax purposes. View source version on businesswire.com: https://www.businesswire.com/news/home/20

Medalist Diversified REIT (NASDAQ:MDRR) (the "Company" or "Medalist"), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate, announced today that its Board of Directors has appointed Marc Carlson to its Board of Directors. A seasoned executive with extensive experience in technology, sales, and strategic leadership, Mr. Carlson brings a wealth of expertise to support the Company's plans for long-term growth and innovation. Currently a CEO advisor and coach, and a board member to several technology companies, Mr. Carlson is also a board member and senior advisor to the Krach Institute for Tech Diplomacy at Purdue University.

Medalist Diversified REIT (NASDAQ:MDRR) (the "Company" or "Medalist"), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate in the Southeast region of the U.S., announced today that its Board of Directors has appointed Kory J. Kramer to its Board of Directors. A seasoned investment professional with a distinguished track record, Kramer is currently a partner and investment officer at Eagle Four Partners, a private equity firm based in Newport Beach, California, where he oversees acquisitions, development, financing, and asset management. With over $3 billion in transactions, his expertise spans transforming premier propertie

Medalist Diversified REIT, Inc. (NASDAQ:MDRR) (the "Company" or "Medalist"), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate, gave notice of its intent to redeem 60,000 shares (the "Redeemed Shares") of its outstanding 8.0% Series A Cumulative Redeemable Preferred Stock, par value $0.01 per share (the "Series A Preferred Stock") on January 10, 2025 (the "Optional Redemption Date"). The Redeemed Shares will be redeemed at a cash redemption price of $25.00 per share, plus any accrued and unpaid dividends up to, but not including, the Optional Redemption Date in an amount equal to approximately $0.44 per share, for a total

Medalist Diversified REIT, Inc. (NASDAQ:MDRR) (the "Company" or "Medalist"), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate, gave notice of its intent to redeem 140,000 shares (the "Redeemed Shares") of its 8.0% Series A Cumulative Redeemable Preferred Stock, par value $0.01 per share (the "Series A Preferred Stock") on November 25, 2024 (the "Optional Redemption Date"). The Redeemed Shares will be redeemed at a cash redemption price of $25.00 per share, plus any accrued and unpaid dividends up to, but not including, the Optional Redemption Date in an amount equal to approximately $0.194 per share, for a total payment

Medalist Diversified REIT (NASDAQ:MDRR) (the "Company" or "Medalist"), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate in the Southeast region of the U.S., announced today that the Company has increased its line of credit to $4 million, previously set at $1.5 million, as part of its ongoing strategic efforts to enhance financial flexibility and support future growth. The expanded credit facility carries an interest rate of SOFR + 3.1%, offering competitive financing terms that allow the Company to continue its focus on high-quality acquisitions and operational efficiency within its portfolio. Brent Winn, CFO of Medalis

Medalist Diversified REIT (NASDAQ:MDRR) (the "Company" or "Medalist"), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate in the Southeast region of the U.S., announced that its Board of Directors has authorized and the Company has declared a quarterly dividend on its common stock (the "Common Stock") in the amount of $0.05 per share (the "Dividend"). The Dividend will be payable in cash on July 26, 2024 to holders of record of the Common Stock as of July 23, 2024. The Board of Directors has also authorized and the Company has declared a quarterly dividend on its 8.0% Series A Cumulative Redeemable Preferred Stock (the "

Medalist Diversified REIT, Inc. (NASDAQ:MDRR) (the "Company" or "Medalist"), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing value-add commercial real estate in the Mid-Atlantic and Southeast regions of the United States, today announced that the previously announced (i) reverse stock split of shares of the Company's common stock (the "Common Stock"), and a corresponding adjustment to the outstanding common units of its operating partnership, Medalist Diversified Holdings, L.P. (the "Operating Partnership"), at a ratio of 1-for-10 (the "Reverse Stock Split") will become effective at 5:00 p.m. Eastern Time on July 2, 2024, and automatically co

Medalist Diversified REIT, Inc. (NASDAQ:MDRR) (the "Company" or "Medalist"), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing value-add commercial real estate in the Mid-Atlantic and Southeast regions of the United States, today announced that its Board of Directors approved a one-for-ten reverse stock split (the "Reverse Stock Split") of the Company's issued and outstanding shares of common stock (the "Common Stock") and a five-for-one forward stock split of the Common Stock (the "Forward Stock Split" and, together with the Reverse Stock Split, the "Stock Splits"). The Reverse Stock Split is expected to take effect as of 5:00 p.m. Eastern T

Medalist Diversified REIT, Inc. (NASDAQ:MDRR) (the "Company" or "Medalist"), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate in the Southeast region of the U.S., released today a letter from Francis P. Kavanaugh, the Company's interim CEO and President, providing an update on the Company's activities during the first 30 days of his tenure. Dear Shareholders, Having reached my 30th day as interim CEO of Medalist Diversified REIT, Inc. ("MDRR"), I'm pleased to present an update on our strategic progress, tenant relationships, and promising trends in the retail industry that I believe bode well for our future. Proper

4 - Medalist Diversified REIT, Inc. (0001654595) (Issuer)

4 - Medalist Diversified REIT, Inc. (0001654595) (Issuer)

4 - Medalist Diversified REIT, Inc. (0001654595) (Issuer)

3 - Medalist Diversified REIT, Inc. (0001654595) (Issuer)

4 - Medalist Diversified REIT, Inc. (0001654595) (Issuer)

4 - Medalist Diversified REIT, Inc. (0001654595) (Issuer)

4 - Medalist Diversified REIT, Inc. (0001654595) (Issuer)

4 - Medalist Diversified REIT, Inc. (0001654595) (Issuer)

4 - Medalist Diversified REIT, Inc. (0001654595) (Issuer)

4 - Medalist Diversified REIT, Inc. (0001654595) (Issuer)

Medalist Diversified REIT (NASDAQ:MDRR) (the "Company" or "Medalist"), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate, announced today that its Board of Directors has appointed Marc Carlson to its Board of Directors. A seasoned executive with extensive experience in technology, sales, and strategic leadership, Mr. Carlson brings a wealth of expertise to support the Company's plans for long-term growth and innovation. Currently a CEO advisor and coach, and a board member to several technology companies, Mr. Carlson is also a board member and senior advisor to the Krach Institute for Tech Diplomacy at Purdue University.

Medalist Diversified REIT (NASDAQ:MDRR) (the "Company" or "Medalist"), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate in the Southeast region of the U.S., announced today that its Board of Directors has appointed Kory J. Kramer to its Board of Directors. A seasoned investment professional with a distinguished track record, Kramer is currently a partner and investment officer at Eagle Four Partners, a private equity firm based in Newport Beach, California, where he oversees acquisitions, development, financing, and asset management. With over $3 billion in transactions, his expertise spans transforming premier propertie

Medalist Diversified REIT, Inc. (NASDAQ:MDRR) (the "Company"), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate in the Southeast region of the U.S., today announced the appointment of Francis P. Kavanaugh to its Board of Directors (the "Board"), effective immediately. Mr. Kavanaugh has also been appointed as a member of the previously disclosed Special Committee of the Board charged with exploration of potential strategic alternatives in order to maximize stockholder value. Mr. Kavanaugh has 30+ years of diverse experience in real estate investment, business restructuring, and operational leadership. Mr. Kavanaugh is

S-3 - Medalist Diversified REIT, Inc. (0001654595) (Filer)

8-K - Medalist Diversified REIT, Inc. (0001654595) (Filer)

8-K - Medalist Diversified REIT, Inc. (0001654595) (Filer)

10-K - Medalist Diversified REIT, Inc. (0001654595) (Filer)

8-K - Medalist Diversified REIT, Inc. (0001654595) (Filer)

8-K/A - Medalist Diversified REIT, Inc. (0001654595) (Filer)

SCHEDULE 13D/A - Medalist Diversified REIT, Inc. (0001654595) (Subject)

8-K - Medalist Diversified REIT, Inc. (0001654595) (Filer)

8-K - Medalist Diversified REIT, Inc. (0001654595) (Filer)

SCHEDULE 13D/A - Medalist Diversified REIT, Inc. (0001654595) (Subject)

SC 13G/A - Medalist Diversified REIT, Inc. (0001654595) (Subject)

SC 13G/A - Medalist Diversified REIT, Inc. (0001654595) (Subject)

SC 13D/A - Medalist Diversified REIT, Inc. (0001654595) (Subject)

SC 13D/A - Medalist Diversified REIT, Inc. (0001654595) (Subject)

SC 13D/A - Medalist Diversified REIT, Inc. (0001654595) (Subject)

SC 13G/A - Medalist Diversified REIT, Inc. (0001654595) (Subject)

SC 13G - Medalist Diversified REIT, Inc. (0001654595) (Subject)

SC 13G - Medalist Diversified REIT, Inc. (0001654595) (Subject)

SC 13D/A - Medalist Diversified REIT, Inc. (0001654595) (Subject)

SC 13D/A - Medalist Diversified REIT, Inc. (0001654595) (Subject)

Medalist Diversified REIT, Inc. (NASDAQ:MDRR) (the "Company" or "Medalist"), announced today that its Board of Directors has authorized and the Company has declared a quarterly dividend on its common stock (the "Common Stock") in the amount of $0.0675 per share (the "Dividend"). The Dividend will be payable in cash on April 22, 2025 to holders of record of the Common Stock as of April 17, 2025. Medalist specializes in acquiring, owning and managing commercial real estate in the Southeast region of the U.S and has elected to be taxed as a real estate investment trust, or REIT, for federal income tax purposes. View source version on businesswire.com: https://www.businesswire.com/news/home/20

Medalist Diversified REIT, Inc. (NASDAQ:MDRR) (the "Company" or "Medalist"), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate, gave notice of its intent to redeem 60,000 shares (the "Redeemed Shares") of its outstanding 8.0% Series A Cumulative Redeemable Preferred Stock, par value $0.01 per share (the "Series A Preferred Stock") on January 10, 2025 (the "Optional Redemption Date"). The Redeemed Shares will be redeemed at a cash redemption price of $25.00 per share, plus any accrued and unpaid dividends up to, but not including, the Optional Redemption Date in an amount equal to approximately $0.44 per share, for a total

Medalist Diversified REIT, Inc. (NASDAQ:MDRR) (the "Company" or "Medalist"), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate, gave notice of its intent to redeem 140,000 shares (the "Redeemed Shares") of its 8.0% Series A Cumulative Redeemable Preferred Stock, par value $0.01 per share (the "Series A Preferred Stock") on November 25, 2024 (the "Optional Redemption Date"). The Redeemed Shares will be redeemed at a cash redemption price of $25.00 per share, plus any accrued and unpaid dividends up to, but not including, the Optional Redemption Date in an amount equal to approximately $0.194 per share, for a total payment

Medalist Diversified REIT (NASDAQ:MDRR) (the "Company" or "Medalist"), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate in the Southeast region of the U.S., announced today that the Company has increased its line of credit to $4 million, previously set at $1.5 million, as part of its ongoing strategic efforts to enhance financial flexibility and support future growth. The expanded credit facility carries an interest rate of SOFR + 3.1%, offering competitive financing terms that allow the Company to continue its focus on high-quality acquisitions and operational efficiency within its portfolio. Brent Winn, CFO of Medalis

Medalist Diversified REIT (NASDAQ:MDRR) (the "Company" or "Medalist"), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate in the Southeast region of the U.S., announced that its Board of Directors has authorized and the Company has declared a quarterly dividend on its common stock (the "Common Stock") in the amount of $0.05 per share (the "Dividend"). The Dividend will be payable in cash on July 26, 2024 to holders of record of the Common Stock as of July 23, 2024. The Board of Directors has also authorized and the Company has declared a quarterly dividend on its 8.0% Series A Cumulative Redeemable Preferred Stock (the "

Medalist Diversified REIT, Inc. (NASDAQ:MDRR) (the "Company" or "Medalist"), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate in the Southeast region of the U.S., released today a letter from Francis P. Kavanaugh, the Company's interim CEO and President, providing an update on the Company's activities during the first 30 days of his tenure. Dear Shareholders, Having reached my 30th day as interim CEO of Medalist Diversified REIT, Inc. ("MDRR"), I'm pleased to present an update on our strategic progress, tenant relationships, and promising trends in the retail industry that I believe bode well for our future. Proper

Medalist Diversified REIT, Inc. (NASDAQ:MDRR) (the "Company" or "Medalist"), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate in the Southeast region of the U.S., announced today that the Company has completed its process to internalize management, and resultant changes to the Company's leadership and to the Company's Board of Directors (the "Board"). In connection with these actions, Thomas (Tim) Messier and William Elliott will be leaving their respective roles with the Company effective immediately, Tim Messier, as the former Chairman and Chief Executive Officer, and William Elliott, as the former Vice Chairman, Pre

Medalist Diversified REIT, Inc. (NASDAQ:MDRR) (the "Company" or "Medalist"), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate in the Southeast region of the U.S., announced today that the Special Committee (the "Special Committee") of the Company's Board of Directors (the "Board") has completed its exploration of strategic alternatives. Upon the recommendation of the Special Committee, the Board has approved the Company's negotiation of the sale of its interests in four properties from the Company's portfolio. Consummation of the sale is subject to negotiation of, and entry into, definitive agreements and related loan

Medalist Diversified REIT, Inc. (NASDAQ:MDRR) (the "Company"), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate in the Southeast region of the U.S., today reported financial results for the three months ended March 31, 2023. In addition, the Company released supplemental financial information about its first quarter 2023 financial results. Key Highlights: Total revenues decreased by 15% to $2,460,976, down from $2,903,964 for the same quarter in 2022. Excluding Q1 2022 revenues from the Company's Clemson Best Western Hotel, which it sold on September 29, 2022, revenues increased by 15%, which includes the impact o

NEWPORT BEACH, Calif., May 10, 2023 /PRNewswire/ -- The following press release is distributed on behalf of Frank Kavanaugh, who owns 9.70% of Medalist Diversified REIT's (NASDAQ:MDRR), outstanding shares and supports the company's management and board -- In response to a press release from Jon S. Wheeler, 9.70% shareholder Frank Kavanaugh acknowledges the concerns raised by Wheeler and other shareholders in Medalist Diversified REIT, Inc. (NASDAQ:MDRR). These concerns stem from the company's net losses totaling over $9,000,000 in 2021 and 2022, the impairment of the Hampton Inn Property resulting in a loss of $3,494,058, the $6,885,029 compensation paid to its management team since its ince

EF Hutton initiated coverage of Medalist Diversified REIT with a rating of Buy and set a new price target of $1.50