Welcome to our dedicated page for Medalist Diversified SEC filings (Ticker: MDRR), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Medalist Diversified, Inc. filings document material events for a public real estate company and DST sponsor, including Regulation FD press releases, property dispositions, contributions to Delaware Statutory Trust structures and related material agreements.
8-K disclosures also cover credit agreement amendments, operating partnership arrangements, OP unit exchanges, board changes, common stock dividend declarations and exhibits tied to acquisitions, sales and sponsor platform announcements. The filings reflect the company's transition from the Medalist Diversified REIT name and its use of subsidiaries, an operating partnership and DST vehicles in real estate transactions.
Medalist Diversified, Inc. (MDRR) reported that its Chief Financial Officer, Charles Brent Winn Jr., purchased 49 shares of common stock on September 9, 2026 at a price of $12.00 per share in a direct ownership transaction. Following this open-market or private purchase, he directly holds 63,260 shares of Medalist Diversified common stock.
Medalist Diversified, Inc. (MDRR) reported that its Chief Financial Officer, Charles Brent Winn Jr., purchased a total of 278 shares of common stock in two open-market or private transactions at $12.00 per share on September 4 and September 8, 2026, all held as direct ownership. No Rule 10b5-1 trading plan is reported for these transactions.
Medalist Diversified, Inc. (MDRR) reported that its chief financial officer, Winn Charles Brent Jr., purchased a small number of company shares in the open market. He bought 2 shares of common stock on September 2, 2026, and 2 shares on September 3, 2026, each at $12.00 per share, held directly. No Rule 10b5-1 trading plan is reported.
Medalist Diversified, Inc. (MDRR) entered a new real estate joint venture, reactivated a previously terminated purchase agreement, and reported extensive asset sales with pro forma financials. Through subsidiary MDI Mira Sav, LLC it committed $4.0 million of preferred equity to Mira Sav Partners LLC for an approximately 42% preferred equity interest. The JV is managed by Spandrel Development Partners, LLC, with Spandrel holding 37% common equity, and CEO Frank Kavanaugh and director Emanuel Neuman each holding 11% common equity. Medalist receives a 6% preferred return on its invested preferred equity, paid at least quarterly, plus an additional 9% accrued preferred return on exit, and holds approval rights over major decisions and the ability to replace Spandrel after certain materially adverse events.
The company’s operating partnership agreed to provide a limited guaranty on an approximately $13.5 million construction loan to the JV. Medalist also reinstated and amended a purchase and sale agreement for a Caliber Collision Center property in Aubrey, Texas, reducing the price from $5,494,444 to $5,404,864, while the seller retains previously deposited earnest money. Separately, the company closed the sale of the Brookfield Center property in South Carolina for $10,100,000, using $4,342,261 of proceeds to defease and retire the related mortgage loan.
Exhibit 99.1 presents unaudited pro forma consolidated financial statements reflecting this Brookfield disposition and a series of earlier property sales, including the Salisbury Property at $9,930,000, Franklin Square at $24,100,000, and Ashley Plaza at $16,275,000, as well as deconsolidation of the Tesla Pensacola DST structure. As of June 30, 2026, the pro forma balance sheet shows total assets of $51,373,106 and total equity of $45,480,493, with increased cash and reduced mortgage liabilities after the dispositions.
Medalist Diversified, Inc. (MDRR) reported an insider open-market purchase by its Chief Financial Officer, Charles Brent Winn Jr. On 2026-08-31, he purchased 10 shares of common stock at $12.00 per share. Following this transaction, his directly held position increased to 62,929 common shares.
Medalist Diversified, Inc. (MDRR) reported insider purchases by its Chief Financial Officer, Winn Charles Brent Jr. He bought a total of 259 shares of common stock in three open-market transactions on August 26, 27, and 28, 2026, at prices between $11.50 and $12.00 per share, all held as direct, non-derivative ownership.
Medalist Diversified, Inc. (MDRR) disclosed that its Chief Financial Officer, Charles Brent Winn Jr., purchased a total of 75 shares of common stock in open market or private transactions. The purchases occurred on 2026-08-19 and 2026-08-20 at a price of $11.50 per share, and are reported as direct ownership.
Medalist Diversified, Inc. (MDRR) reported that it has terminated two previously announced Purchase and Sale Agreements with NPH Ventures, LLC to acquire Caliber Collision Center properties in Aubrey and Cleburne, Texas. The company had agreed to purchase the properties under the Denton Agreement and the Johnson Agreement signed on July 21, 2026.
On August 18, 2026, Medalist Diversified, Inc. exercised its contractual right to terminate both agreements during the inspection period under Section 1.04 of each agreement. As a result, the earnest money deposits that had been paid in connection with these proposed acquisitions will be refunded to the company.
Medalist Diversified, Inc. reported six‑month net income attributable to common stockholders of $8.55 million, reversing a prior‑year loss of $1.53 million, largely driven by a $12.79 million gain on disposal of investment properties and a $2.08 million income tax benefit after revoking REIT status on January 1, 2026.
For the quarter ended June 30, 2026, the company recorded a net loss attributable to common stockholders of $418,684 as rental revenues declined with property sales and it recognized $465,327 of impairments on assets held for sale. Six‑month total revenue fell to $3.97 million from $4.79 million, while new DST sponsorship program revenues of $465,792 began to contribute.
Total assets were $57.82 million at June 30, 2026, down from $77.74 million, reflecting dispositions and deconsolidation of a DST, while mortgages payable dropped to $9.04 million from $32.83 million. Cash, cash equivalents and restricted cash increased to $7.43 million, and the company held $20.72 million in marketable securities and $402,964 of Bitcoin. Management states it is focusing on expanding its DST sponsorship platform and believes it can continue as a going concern.
Medalist Diversified, Inc. completed the sale of the Ashley Plaza Property for $16,275,000, following an earlier agreement for this 164,012 square foot retail center. Proceeds were used to defease and retire the mortgage secured by the asset, and the transaction was negotiated with an unaffiliated purchaser.
The company has recently executed seven property dispositions, including the Salisbury Property ($9,930,000 sale; about $4.45 million net cash after repaying roughly $5.145 million of debt), the Buffalo Wild Wings and United Rentals Properties ($5,299,500 combined), the Greenbrier Property ($11,000,000 sale; $7,000,000 of debt repaid), the Parkway Property ($7,825,000 sale; $4,735,614 of debt repaid), the Franklin Square Property ($24,100,000 sale; $12,954,175 of debt repaid) and the Citibank Property ($2,150,000 sale). In addition, it sold 84.72% of the Class 1 beneficial interests in XXV DST 1 (Tesla Pensacola Property), receiving about $6,777,444 net cash and deconsolidating that entity.
Pro forma as of March 31, 2026, cash and cash equivalents increase to $21,127,372, mortgages payable decline to $9,158,326, total liabilities fall to $11,159,838, and total equity rises to $44,397,614. For the three months ended March 31, 2026, pro forma net income attributable to common shareholders is $1,045,323 (basic income per share $0.82), while for 2025 pro forma net loss attributable to common shareholders is $3,341,362 (loss per share $2.96), reflecting the removal of income and expenses from the disposed and deconsolidated properties.