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. is pivoting away from a traditional equity REIT model toward a capital-allocation and Delaware Statutory Trust (DST) sponsorship platform. Effective January 1, 2026, it revoked its REIT election and will be taxed as a C‑corporation, and on March 2, 2026 it changed its name from Medalist Diversified REIT, Inc.
As of December 31, 2025, the company owned ten income‑producing properties across retail, flex/industrial and single‑tenant net lease segments, and had launched a DST Program, starting with a Tesla sales, service and delivery facility in Pensacola, Florida contributed to MDRR XXV DST 1. Medalist aims to grow fee income and assets under management by structuring DST offerings, while continuing to monetize legacy properties and explore strategic alternatives to maximize stockholder value.
The company may also invest opportunistically in non‑real estate assets, including crypto assets; as of December 31, 2025 it held 3.36 bitcoin. Key risks highlighted include execution of its strategic transition, increased income tax obligations after REIT revocation, competition for DST investors and real estate acquisitions, reliance on leverage and mortgage covenants, potential limits on using NOL and capital loss carryforwards, environmental liabilities, tenant credit risk, and the illiquidity and volatility inherent in both real estate and selected securities and bitcoin holdings.
KAVANAUGH FRANK reported acquisition or exercise transactions in a Form 4 filing for MDRR. The filing lists transactions totaling 600,000 shares at a weighted average price of $12.40 per share. Following the reported transactions, holdings were 946,200 shares.
Medalist Diversified REIT, Inc. is exiting REIT status, repositioning its balance sheet, and reshaping its portfolio and strategy. The board authorized termination of the company’s REIT election effective January 1, 2026, removing prior share ownership limits, and the company will operate as a standard C‑corporation.
On February 13, 2026, Medalist sold the Greenbrier Business Center property in Chesapeake, Virginia for $11,000,000, using $7,000,000 of proceeds to repay existing debt. This sale follows earlier 2025 dispositions of the Salisbury Marketplace, Buffalo Wild Wings, and United Rentals properties, with unaudited pro forma financials showing the combined impact on assets, liabilities, revenue, and earnings.
The company reports it now has no indebtedness at the corporate level, with remaining obligations at the property level and limited guaranties it aims to reduce. Management estimates more than $40 million of net asset value in real estate and liquid investments, a significant portion expected to be liquid or readily deployable.
Reflecting the broader strategic shift, the company is changing its name to Medalist Diversified, Inc. effective March 2, 2026, while keeping its Nasdaq listing and ticker MDRR. The updated framework emphasizes growing a Delaware Statutory Trust sponsorship platform, investing excess liquidity in treasuries and investment‑grade securities, and preserving balance sheet capacity to pursue potential strategic acquisitions.
Medalist Diversified REIT, Inc. disclosed that its subsidiary MDR Franklin Square, LLC signed a Purchase and Sale Agreement to sell the Shops at Franklin Square, a 134,239 square foot retail property in Gastonia, North Carolina, to PC Acquisitions, LLC.
The agreed total consideration is $24,500,000, subject to prorations and adjustments, and will be paid at closing. The buyer must post $150,000 in earnest money within three business days of February 3, 2026. The transaction is expected to close within 45 days, but remains subject to customary conditions, and completion is not assured.
Medalist Diversified REIT’s Chief Financial Officer, Charles Brent Winn Jr., has filed a Schedule 13D reporting beneficial ownership of 59,202 shares of common stock, representing 5.25% of the company’s outstanding shares.
The filing was triggered when Winn received a grant of 4,000 shares on January 28, 2026 under the company’s 2018 Equity Incentive Plan, in addition to prior open-market purchases and earlier equity awards. Winn holds sole voting and dispositive power over all reported shares and states he may buy or sell more shares over time depending on business and market conditions.
Medalist Diversified REIT, Inc. director Marc Carlson reported a purchase of company stock. On January 28, 2026, he acquired 2,000 shares of common stock of Medalist Diversified REIT, Inc. at a price of $12.12 per share.
Following this transaction, Carlson directly beneficially owned 3,039 shares of the company’s common stock. The filing classifies the transaction as an acquisition of non-derivative securities held under direct ownership.
Medalist Diversified REIT, Inc. director Neil P. Farmer reported acquiring additional common stock. On 01/28/2026, he acquired 2,500 shares of common stock at a price of $12.12 per share. Following this transaction, he directly owns 14,258 shares of Medalist Diversified REIT common stock.
Medalist Diversified REIT, Inc. director David Lunin acquired additional company stock. On January 28, 2026, he acquired 2,500 shares of common stock at $12.12 per share. Following this transaction, he beneficially owned 6,066 common shares, all reported as held with direct ownership.
Medalist Diversified REIT, Inc. insider share purchase: Chairman, CEO and President Frank Kavanaugh reported acquiring 4,000 shares of the company’s common stock on January 28, 2026 at a price of $12.12 per share. Following this transaction, he directly owns 306,177 common shares of Medalist Diversified REIT, Inc.
Medalist Diversified REIT, Inc. reported an insider share purchase by one of its directors. Director Emanuel D. Neuman acquired 2,500 shares of the company’s common stock on January 28, 2026 at a reported price of $12.12 per share.
Following this transaction, Neuman beneficially owned a total of 14,378 shares of Medalist Diversified REIT common stock, held in direct ownership. The activity was reported on a Form 4 filed for a single reporting person.