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 REIT (MDRR) closed the sale of Salisbury Marketplace Shopping Center for $9,930,000. The property at 2106 Statesville Blvd., Salisbury, NC was sold on October 23, 2025 after arm’s length negotiations with an unaffiliated purchaser. The transaction was executed through the Company’s wholly owned subsidiary, MDR Salisbury, LLC.
The Company stated it expects to use a portion of the proceeds from the sale to repay a portion of existing debt. This is a cash inflow event tied to a completed asset disposition, with proceeds earmarked to reduce leverage.
Medalist Diversified REIT, Inc. (MDRR) reported an insider purchase by Chief Financial Officer Charles Brent Winn Jr. on 09/05/2025. The filing shows a purchase of 117 shares of common stock at a price of $13.50 per share, bringing his beneficial ownership to 54,491 shares. The transaction was reported on the Form 4 filed and signed on 10/07/2025.
Medalist Diversified REIT, Inc. declared a quarterly cash dividend of $0.0675 per share on its common stock. This dividend was approved by the Board of Directors and represents the regular cash payout to shareholders.
The dividend will be paid on October 13, 2025 to common stockholders of record as of October 9, 2025. Investors holding shares on the record date will receive the cash payment on the stated payable date.
Medalist Diversified REIT, Inc. filed an amended current report to update its earlier disclosure about acquiring the Tesla Pensacola Property in Pensacola, Florida. The amendment adds unaudited pro forma financial information showing how the acquisition would have affected the company’s consolidated balance sheet as of June 30, 2025 and its statements of operations for the six months ended June 30, 2025 and the year ended December 31, 2024.
The company explains it is not providing separate historical financial statements for the Tesla Pensacola Property because the building was extensively renovated and converted from a trade college to an automotive sales, service and distribution facility just before the acquisition, so prior leasing history is not considered representative of future performance.
Medalist Diversified REIT, Inc. filed an amended current report to update its earlier disclosure about acquiring the Tesla Pensacola Property in Pensacola, Florida. The amendment adds unaudited pro forma financial information showing how the acquisition would have affected the company’s consolidated balance sheet as of June 30, 2025 and its statements of operations for the six months ended June 30, 2025 and the year ended December 31, 2024.
The company explains it is not providing separate historical financial statements for the Tesla Pensacola Property because the building was extensively renovated and converted from a trade college to an automotive sales, service and distribution facility just before the acquisition, so prior leasing history is not considered representative of future performance.
Medalist Diversified REIT, Inc. filed an amended current report to update its earlier disclosure about acquiring the Tesla Pensacola Property in Pensacola, Florida. The amendment adds unaudited pro forma financial information showing how the acquisition would have affected the company’s consolidated balance sheet as of June 30, 2025 and its statements of operations for the six months ended June 30, 2025 and the year ended December 31, 2024.
The company explains it is not providing separate historical financial statements for the Tesla Pensacola Property because the building was extensively renovated and converted from a trade college to an automotive sales, service and distribution facility just before the acquisition, so prior leasing history is not considered representative of future performance.
Medalist Diversified REIT, Inc. filed an amended current report to update its earlier disclosure about acquiring the Tesla Pensacola Property in Pensacola, Florida. The amendment adds unaudited pro forma financial information showing how the acquisition would have affected the company’s consolidated balance sheet as of June 30, 2025 and its statements of operations for the six months ended June 30, 2025 and the year ended December 31, 2024.
The company explains it is not providing separate historical financial statements for the Tesla Pensacola Property because the building was extensively renovated and converted from a trade college to an automotive sales, service and distribution facility just before the acquisition, so prior leasing history is not considered representative of future performance.
Kory J. Kramer, a director of Medalist Diversified REIT, Inc. (MDRR), reported the sale of 60,000 shares of the issuer's common stock on 08/29/2025 at $12.50 per share pursuant to a Stock Purchase Agreement. The shares sold were owned by the Kramerica Trust, dated July 24, 2015, of which Mr. Kramer is the sole trustee, and following the sale the trust beneficially owned 41,039 shares. The Form 4 was signed by Mr. Kramer on 09/03/2025 and identifies the transaction code as a sale by the reporting person. No derivative transactions or other securities classes are reported in this filing.
Marc Carlson reported beneficial ownership of 21,039 shares of Medalist Diversified REIT, Inc., representing 1.4% of the outstanding common stock based on 1,505,270 shares outstanding as of August 11, 2025. The amendment discloses that on August 29, 2025 Carlson entered into a Stock Purchase Agreement under which 80,000 shares were to be acquired by Francis Kavanaugh for an aggregate purchase price of $1,000,000. Carlson retains sole voting and dispositive power over the 21,039 shares reported and states no other transactions in the prior 60 days.
Marc Carlson reported beneficial ownership of 21,039 shares of Medalist Diversified REIT, Inc., representing 1.4% of the outstanding common stock based on 1,505,270 shares outstanding as of August 11, 2025. The amendment discloses that on August 29, 2025 Carlson entered into a Stock Purchase Agreement under which 80,000 shares were to be acquired by Francis Kavanaugh for an aggregate purchase price of $1,000,000. Carlson retains sole voting and dispositive power over the 21,039 shares reported and states no other transactions in the prior 60 days.
Francis P. Kavanaugh increased his stake in Medalist Diversified REIT, Inc. (MDRR) and now controls 586,064 shares, representing approximately 38.93% of the outstanding common stock based on 1,505,270 shares outstanding as of August 11, 2025. On August 29, 2025 he purchased 162,899 shares: 22,899 on the open market, 80,000 from Marc Carlson for $1,000,000, and 60,000 from the Kramerica Trust for $750,000. Earlier, on August 8, 2025 he exchanged 240,004 shares for 240,004 OP Units that are redeemable on August 8, 2026.
The filing clarifies that the Reporting Person directly and indirectly holds 388,044 OP Units redeemable for common stock within 60 days and currently holds no common shares following the August 8 exchange until the subsequent purchases on August 29. The disclosure updates Item 3, Item 4, Item 5 and Item 6 of the Schedule 13D and identifies the two stock purchase agreements entered on August 29, 2025.
Francis P. Kavanaugh increased his stake in Medalist Diversified REIT, Inc. (MDRR) and now controls 586,064 shares, representing approximately 38.93% of the outstanding common stock based on 1,505,270 shares outstanding as of August 11, 2025. On August 29, 2025 he purchased 162,899 shares: 22,899 on the open market, 80,000 from Marc Carlson for $1,000,000, and 60,000 from the Kramerica Trust for $750,000. Earlier, on August 8, 2025 he exchanged 240,004 shares for 240,004 OP Units that are redeemable on August 8, 2026.
The filing clarifies that the Reporting Person directly and indirectly holds 388,044 OP Units redeemable for common stock within 60 days and currently holds no common shares following the August 8 exchange until the subsequent purchases on August 29. The disclosure updates Item 3, Item 4, Item 5 and Item 6 of the Schedule 13D and identifies the two stock purchase agreements entered on August 29, 2025.
Medalist Diversified REIT, Inc. Schedule 13D/A shows that reporting person Kory J. Kramer beneficially owns 41,039 shares of common stock, representing 2.73% of the outstanding shares based on 1,505,270 shares outstanding as of August 11, 2025. The amendment discloses that on August 29, 2025 the Kramerica Trust (for which Mr. Kramer is trustee) agreed to sell 60,000 shares to Francis Kavanaugh for an aggregate purchase price of $750,000, and the Schedule 13D has been updated to reflect that Stock Purchase Agreement and related amendments to Item 4 and Item 6. The filing states Mr. Kramer has sole voting and dispositive power over the 41,039 shares and reports no other transactions in the prior 60 days.
Medalist Diversified REIT, Inc. Schedule 13D/A shows that reporting person Kory J. Kramer beneficially owns 41,039 shares of common stock, representing 2.73% of the outstanding shares based on 1,505,270 shares outstanding as of August 11, 2025. The amendment discloses that on August 29, 2025 the Kramerica Trust (for which Mr. Kramer is trustee) agreed to sell 60,000 shares to Francis Kavanaugh for an aggregate purchase price of $750,000, and the Schedule 13D has been updated to reflect that Stock Purchase Agreement and related amendments to Item 4 and Item 6. The filing states Mr. Kramer has sole voting and dispositive power over the 41,039 shares and reports no other transactions in the prior 60 days.
Medalist Diversified REIT, Inc. Schedule 13D/A shows that reporting person Kory J. Kramer beneficially owns 41,039 shares of common stock, representing 2.73% of the outstanding shares based on 1,505,270 shares outstanding as of August 11, 2025. The amendment discloses that on August 29, 2025 the Kramerica Trust (for which Mr. Kramer is trustee) agreed to sell 60,000 shares to Francis Kavanaugh for an aggregate purchase price of $750,000, and the Schedule 13D has been updated to reflect that Stock Purchase Agreement and related amendments to Item 4 and Item 6. The filing states Mr. Kramer has sole voting and dispositive power over the 41,039 shares and reports no other transactions in the prior 60 days.
Marc Carlson, a director of Medalist Diversified REIT, Inc. (MDRR), reported a sale of 80,000 shares of the company's common stock on 08/29/2025 at a price of $12.50 per share under a Stock Purchase Agreement dated the same day. The filing shows that after the reported disposition Carlson beneficially owned 21,039 shares. The purchaser is identified as Frank Kavanaugh, the Chairman, CEO and President of the company. The Form 4 was signed by Marc Carlson on 09/03/2025 and discloses the transaction as a direct sale of non-derivative common stock.
Frank Kavanaugh, Chairman, CEO & President of Medalist Diversified REIT, Inc. (MDRR), reported two open-market purchases on 08/29/2025. He acquired 80,000 shares for $12.50 each from director Marc Carlson and 60,000 shares for $12.50 each from director Kory Kramer, for a total of 140,000 shares bought under Stock Purchase Agreements. After these transactions his reported beneficial ownership rose to 198,020 shares. The purchases were reported on a Form 4 and recorded with transaction code P, indicating purchases pursuant to a written plan or similar agreement.