Medalist Diversified REIT, Inc (MDRRP)

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About Medalist Diversified REIT, Inc

Medalist Diversified REIT Inc. is a Maryland corporation formed on September 28, 2015. Beginning with our taxable year ended December 31, 2017, we believe that we have operated in a manner qualifying us as a real estate investment trust (?REIT?), and we have elected to be taxed as a REIT for federal income tax purposes. Our company serves as the general partner of Medalist Diversified Holdings, LP which was formed as a Delaware limited partnership on September 29, 2015. Our company was formed to acquire, reposition, renovate, lease and manage income-producing properties, with a primary focus on (i) commercial properties, including flex-industrial and retail properties, (ii) multi-family residential properties and (iii) limited service hotel properties in secondary and tertiary markets in the southeastern part of the United States, with an expected concentration in Virginia, North Carolina, South Carolina, Georgia, Florida and Alabama. Address: 1051 East Cary Street, Richmond, VA, United States, 23219

Medalist Diversified REIT, Inc News and around…

Latest news about Medalist Diversified REIT, Inc (MDRRP) common stock and company :

Medalist Diversified REIT Announces Cash Dividend of $0.02 Per Share on Its Common Stock
12 Oct, 2021 Yahoo! Finance

RICHMOND, Va., October 12, 2021--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., today announced that its Board of Directors has authorized and the Company has declared a quarterly cash dividend on its common stock (the "Common Stock") in the amount of $0.02 per share (the "Dividend").

Medalist Diversified REIT Announces Series A Preferred Stock Cash Dividend
12 Oct, 2021 Yahoo! Finance

RICHMOND, Va., October 12, 2021--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., today announced that its Board of Directors has authorized and the Company has declared a dividend for the 3rd quarter of 2021 on its 8.0% Series A Cumulative Redeemable Preferred Stock (the "Series A Preferred Stock") in the amount

Medalist Diversified REIT Announces the Sale of the Hampton Inn in Greensboro, North Carolina
01 Sep, 2021 Yahoo! Finance

RICHMOND, Va., September 01, 2021--Medalist Diversified REIT, Inc. (NASDAQ: MDRR) (the "Company" or "Medalist"), is 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.

Medalist Diversified REIT Announces the Purchase of Greenbrier Business Center
30 Aug, 2021 Yahoo! Finance

RICHMOND, Va., August 30, 2021--Medalist Diversified REIT, Inc. (NASDAQ: MDRR) (the "Company" or "Medalist"), is 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.

Medalist Diversified REIT Interview to Air on Bloomberg U.S. on the RedChip Money Report®
13 Aug, 2021 Yahoo! Finance

RICHMOND, Va., August 13, 2021--Medalist Diversified REIT (NASDAQ: MDRR), 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 that an interview with CEO Tim Messier will air on The RedChip Money Report® on Bloomberg TV, Aug. 14, at 7 p.m. Eastern Time (ET). Bloomberg TV is available in an estimated 73 million homes across the United States.

Medalist Diversified REIT Announces Filing of Its Quarterly Report for the Second Quarter Of 2021
13 Aug, 2021 Yahoo! Finance

RICHMOND, Va., August 13, 2021--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., today announced that on Tuesday, August 10, 2021, it filed its Quarterly Report on Form 10-Q for the second quarter of 2021. The quarterly report can be viewed on the Company’s website or on the SEC’s website at https://www.sec.gov/ix?doc=

Medalist Diversified REIT Announces the Execution of a Sales Contract for the Hampton Inn in Greensboro, North Carolina
07 Jun, 2021 Yahoo! Finance

Medalist Diversified REIT, Inc. (NASDAQ: MDRR) (the "Company" or "Medalist"), is 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.

Medalist Diversified REIT Announces Extension of Clemson University Rental Agreement Through May 2022 for Its Clemson Best Western Property
21 May, 2021 Yahoo! Finance

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., today announced that it has extended its rental agreement with Clemson University for the Company’s Clemson Best Western Plus property. Under the terms of the agreement, the university has agreed to extend its rental contract for the entire 148-room Clemson Best Western Plus property through May 15, 2022.

Medalist Diversified REIT Announces the Purchase of Lancer Center
17 May, 2021 Yahoo! Finance

Medalist Diversified REIT, Inc. (NASDAQ: MDRR) (the "Company" or "Medalist"), is 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.

Medalist Diversified REIT Interview to Air on Bloomberg Television U.S. on the RedChip Money Report
23 Apr, 2021 Yahoo! Finance

Medalist Diversified REIT (Nasdaq: MDRR), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing value-add commercial real estate in the Southeast region of the U.S., today announced an interview with Chairman and CEO Thomas (Tim) E. Messier will air on The RedChip Money Report on the Bloomberg Network in the U.S. on Saturday, April 24 at 7 p.m. local time across the United States. The RedChip Money Report airs on Bloomberg Television U.S. on Saturdays at 7 p.m. local time in 73M homes.

Medalist Diversified REIT Provides Update on Hampton Inn Property
22 Apr, 2021 Yahoo! Finance

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 Southeast region of the U.S., previously announced that Medalist Diversified Holdings, L.P., the operating partnership of the Company, entered into an agreement to sell The Hampton Inn located in Greensboro, North Carolina. On Monday, April 19th, the Company learned that the potential buyer had terminated the contract to purchase the hotel. Medalist responded by returning their deposit and relisting the property with the same broker at a higher price. While the potential buyer had the property under contract at $12,650,000, management has decided to list the property at a higher price due to what they believe to be a slight pickup in business travel. Management cannot guarantee the property will sell on the terms they expect, or at all. Stockholders and potential investors in the Company should not rely on management’s intention to sell the property when making any investment decision.

Medalist Diversified REIT Announces Pricing of $12.0 Million Public Offering of Common Stock
08 Apr, 2021 Yahoo! Finance

Medalist Diversified REIT (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 Southeast region of the U.S., today announced the pricing of a public offering of 8,000,000 shares of its common stock at a price to the public of $1.50 per share, for a total of approximately $12.0 million in gross proceeds. Shares of the Company’s common stock trade on the Nasdaq Capital Market under the ticker symbol "MDRR." The offering is expected to close on or about April 13, 2021, subject to the satisfaction of customary closing conditions. The Company intends to use the net proceeds from this offering to acquire additional properties, for working capital, for general corporate purposes. The Company has granted the underwriters a 45-day option to purchase up to 1,200,000 additional shares of common stock to cover over allotments, if any.

Medalist Diversified REIT Announces Extension of Clemson University Rental Agreement Through May 2021 for Its Clemson Best Western Property
15 Dec, 2020 Yahoo! Finance

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 Southeast region of the U.S., today announced that it has extended its rental agreement with Clemson University for the Company’s Clemson Best Western Plus property. Under the terms of the agreement, the university has agreed to extend its rental contract for the entire 148-room Clemson Best Western Plus property through May 5, 2021.

Medalist Diversified REIT Announces Private Placement of up to $5.0 Million of Convertible Debentures
28 Oct, 2020 Yahoo! Finance

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 Southeast region of the U.S., today announced that it has entered into a definitive agreement with YA II PN, Ltd., a Cayman Islands exempt limited partnership managed by Yorkville Advisor Global, LP (the "Purchaser"), pursuant to which Medalist will issue and sell convertible debentures in an aggregate principal amount of up to $5.0 million to the Purchaser pursuant to a private offering exempt from registration under the Securities Act of 1933, as amended. The private placement of such convertible debentures is subject to customary closing conditions. CEO Tim Messier commented: "I am very pleased with this financing as it gives us capital for property acquisitions, strengthens our balance sheet and provides us with additional operating capital."

Medalist Diversified REIT, Inc (MDRRP) is a NASDAQ Common Stock listed in , ,

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