Medalist Diversified REIT Inc (OQ:MDRR)

Aug 23, 2023 04:15 pm ET
Medalist Diversified REIT, Inc. Releases Update From Interim CEO and President
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.
Aug 09, 2023 04:15 pm ET
Medalist Diversified REIT, Inc. Grants Waiver to Shareholder Francis P. Kavanaugh to Increase Common Share Ownership
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’s Board of Directors (the “Board”) has granted a waiver of the ownership limitations in Article VI of the Company’s Articles of Incorporation as amended (the “Charter”) to permit Francis P. Kavanaugh and certain of his affiliates (“Kavanaugh”) to own up to 20.0% in the aggregate of the outstanding shares of capital stock of the Co
Aug 07, 2023 04:25 pm ET
Medalist Diversified REIT, Inc. Shifts to Long-Term Value Creation Amid Current Market Conditions
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 it has paused its previously announced plan to sell certain assets and has shifted its strategy to focus on continuing to optimize long-term asset value. The move responds to evolving market conditions and aligns with the Company's commitment to its stockholders.
Jul 18, 2023 05:18 pm ET
Medalist Diversified REIT, Inc. Announces Transition to Internalized Management and Leadership Changes
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”).
Jul 12, 2023 04:59 pm ET
Medalist Diversified REIT, Inc. Concludes Strategic Alternatives Process With Potential Asset Sale and Expected Transition to Internalized Management
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.
May 24, 2023 04:30 pm ET
Medalist Diversified REIT, Inc. Announces the Appointment of Francis P. Kavanaugh to its Board of Directors
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.
May 22, 2023 04:45 pm ET
Medalist Diversified REIT, Inc. Regains Compliance With Nasdaq Minimum Bid Price Requirement
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., announced today that the Company has regained compliance with the minimum bid price requirement of Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”). Specifically, the Company received written notice from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company has regained compliance with the Minimum Bid Price Requi
May 11, 2023 04:30 pm ET
Medalist Diversified REIT, Inc. Reports First Quarter 2023 Financial Results
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.
May 10, 2023 02:59 pm ET
9.70% Shareholder Frank Kavanaugh Addresses Concerns Raised by Jon S. Wheeler and Calls for Augmentation of Independent Board Members at Medalist Diversified REIT, Inc.
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 r
May 03, 2023 12:00 pm ET
Medalist Diversified REIT, Inc. Announces Effectiveness of Reverse Stock Split
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 reverse stock split of shares of the Company’s common stock, par value $0.01 per share (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
Apr 18, 2023 04:45 pm ET
Medalist Diversified REIT, Inc. Announces Reverse Stock Split and Provides Update on Strategic Review Process
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-eight reverse stock split (the “Reverse Stock Split”) of the Company’s issued and outstanding shares of common stock, $0.01 par value per share (the “Common Stock”). The Reverse Stock Split is expected to take effect as of 5:00 p.m. Eastern Time, on May 3, 2023 (th
Apr 12, 2023 04:30 pm ET
Medalist Diversified REIT, Inc. Announces Cash Dividend of $0.01 Per Share on Its Common Stock and $0.50 Per Share on Its Series A Preferred Stock
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 its Board of Directors declared a quarterly cash dividend of $0.01 per share on the Company’s common stock (the "Common Stock Dividend"). The Common Stock Dividend is payable in cash on April 28, 2023, to holders of record as of April 25, 2023.
Mar 10, 2023 04:05 pm ET
Medalist Diversified REIT, Inc. Announces Establishment of a Special Committee of the Board and Exploration of Strategic Alternatives
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 (the “Board”) has established a Special Committee of the Board (the “Special Committee”) to explore potential strategic alternatives focusing on maximizing stockholder value.
Mar 10, 2023 04:05 pm ET
Medalist Diversified REIT, Inc. Reports 2022 Results
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 year ended December 31, 2022 and provided an update on its corporate activities. In addition, the Company released supplemental financial information about its first quarter financial results.
Jan 11, 2023 04:46 pm ET
Medalist Diversified REIT, Inc. Announces 180-Day Extension to Regain Compliance with Nasdaq Minimum Bid Price Requirement
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 that it has received a 180-day extension to regain compliance with The Nasdaq Stock Market LLC (“Nasdaq”) listing rule 5550 (a)(2) (the “Minimum Bid Price Requirement”).
Jan 11, 2023 04:30 pm ET
Medalist Diversified REIT, Inc. Announces Cash Dividend of $0.01 Per Share on Its Common Stock and $0.50 Per Share on Its Series A Preferred Stock Cash Dividend
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 cash dividend on its common stock (the "Common Stock") in the amount of $0.01 per share (the "Dividend"). The 4th quarter 2022 dividend will be payable in cash on January 27, 2023 to holders of record of the Common Stock as of January 24, 2023.
Nov 09, 2022 04:30 pm ET
Medalist Diversified REIT, Inc. Reports Third Quarter 2022 Results
Medalist Diversified REIT, Inc. (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 reported financial results for the three months ended September 30, 2022 and provided an update on its corporate activities. In addition, the Company released supplemental financial information about its first quarter financial results.
Oct 04, 2022 04:33 pm ET
Medalist Diversified REIT, Inc. Announces Cash Dividend of $0.01 Per Share on Its Common Stock and $0.50 Per Share on Its Series a Preferred Stock Cash Dividend
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 cash dividend on its common stock (the "Common Stock") in the amount of $0.01 per share (the "Dividend"). The 3rd quarter of 2022 dividend will be payable in cash on October 20, 2022 to holders of record of the Common Stock as of October 17, 2022.
Oct 03, 2022 04:15 pm ET
Medalist Diversified REIT, Inc. Announces Sale of the Clemson Best Western University Inn
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 Medalist Diversified Holdings, LP, the operating partnership of the Company, completed a successful sale of the Company’s Clemson Best Western University Inn, located in Clemson, South Carolina, to an unaffiliated purchaser on September 29, 2022. The property sold for $10,015,000. After retiring the mortgage payable of $7,750,000 and payment
Aug 09, 2022 05:30 pm ET
Medalist Diversified REIT, Inc. Reports Second Quarter 2022 Results
Medalist Diversified REIT, Inc. (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 reported financial results for the three months ended June 30, 2022 and provided an update on its corporate activities. In addition, the Company released supplemental financial information about its first quarter financial results.
Jul 22, 2022 08:00 am ET
Medalist Diversified REIT Interview to Air on Bloomberg U.S. on the RedChip Money Report®
ORLANDO, FL / ACCESSWIRE / July 22, 2022 / RedChip Companies will air a new interview with Medalist Diversified REIT, Inc. (NASDAQ:MDRR) (the "Company" or "Medalist"), on The RedChip Money Report® on Bloomberg TV, this Saturday, July 23, at 7 p.m. Eastern Time (ET). Bloomberg TV is available in an estimated 73 million homes across the U.S.
Jul 06, 2022 07:00 am ET
Medalist Diversified REIT Announces First Half 2022 Leasing Activity
Medalist Diversified REIT, Inc. (NASDAQ: MDRR) (the “Company” or “Medalist”), a Virginia-based real estate investment trust that specializes in acquiring and managing commercial real estate in the Southeast region of the U.S., owned nine properties, including five retail center properties consisting of 633,013 square feet, three flex center properties consisting of 218,269 square feet, and one hotel property, as of June 30, 2022.
Jun 27, 2022 08:00 am ET
Medalist Diversified REIT, Inc. Announces Cash Dividend of $0.02 Per Share on Its Common Stock
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").
Jun 27, 2022 07:55 am ET
Medalist Diversified REIT, Inc. Announces Series A Preferred Stock Cash Dividend
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 dividend for the 2nd quarter of 2022 on its 8.0% Series A Cumulative Redeemable Preferred Stock (the "Series A Preferred Stock") in the amount of $0.50 per share (the "Series A Dividend").
Jun 13, 2022 04:05 pm ET
Medalist Diversified REIT Announces the Purchase of Salisbury Marketplace and the Completion of a Financing Transaction With Wells Fargo Bank
Medalist Diversified REIT, Inc. (NASDAQ: MDRR) (the “Company” or “Medalist”), a Virginia-based real estate investment trust that specializes in acquiring and managing commercial real estate in the Southeastern United States, today announced Medalist Diversified Holdings, L.P., the operating partnership of Medalist, completed the purchase of a community shopping center consisting of 79,732 square feet of leasable area in Salisbury, North Carolina, commonly referred to as Salisbury Marketplace (“Salisbury Marketplace”), from an unaffiliated seller for a purchase price of $10,025,000 on Ju
May 09, 2022 07:54 pm ET
Medalist Diversified REIT, Inc. Reports First Quarter 2022 Results
Medalist Diversified REIT, Inc. (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 reported financial results for the three months ended March 31, 2022 and provided an update on its corporate activities. In addition, the Company released supplemental financial information about its first quarter financial results.
Apr 06, 2022 05:00 pm ET
CORRECTING and REPLACING Medalist Diversified REIT, Inc. Announces Series A Preferred Stock Cash Dividend
Second paragraph of release should read: The Series A Dividend will be payable in cash on April 21, 2022 to holders of record of Series A Preferred Stock as of April 18, 2022. (instead of The Series A Dividend will be payable in cash on April 21, 2022 to holders of record of the Common Stock as of April 18, 2022.).
Apr 05, 2022 06:05 pm ET
Medalist Diversified REIT, Inc. Announces Cash Dividend of $0.02 Per Share on Its Common Stock
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").
Apr 05, 2022 06:00 pm ET
Medalist Diversified REIT, Inc. Announces Series a Preferred Stock Cash Dividend
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 dividend for the 1st quarter of 2022 on its 8.0% Series A Cumulative Redeemable Preferred Stock (the "Series A Preferred Stock") in the amount of $0.5000 per share (the "Series A Dividend").
Mar 15, 2022 05:37 pm ET
Medalist Diversified REIT, Inc. Reports Fourth Quarter and Full Year 2021 Results
Medalist Diversified REIT, Inc. (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 reported financial results for the year ended December 31, 2021 and provided an update on its corporate activities. In addition, the Company released supplemental financial information about its fourth quarter financial results.
Feb 08, 2022 05:00 pm ET
Medalist Diversified REIT Announces the Repurchase of Its Common Stock
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.
Jan 11, 2022 04:15 pm ET
Medalist Diversified REIT Announces Letter to Shareholders
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 US, today issued a Letter to Shareholders from its Chairman and Chief Executive Officer, Thomas E. Messier.
Dec 31, 2021 07:35 am ET
Thinking about buying stock in Medalist Diversified REIT, Xeris Biopharma, Biofrontera, Nutriband, or Inspira Technologies?
NEW YORK, Dec. 31, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for MDRR, XERS, BFRI, NTRB, and IINN.
Dec 30, 2021 04:15 pm ET
Medalist Diversified REIT Announces the Approval of a Common Stock Repurchase Program
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.
Dec 22, 2021 06:55 am ET
Medalist Diversified REIT Announces Cash Dividend of $0.02 Per Share on Its Common Stock
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”).
Dec 22, 2021 06:45 am ET
Medalist Diversified REIT Announces Series A Preferred Stock Cash Dividend
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 4th quarter of 2021 on its 8.0% Series A Cumulative Redeemable Preferred Stock (the “Series A Preferred Stock”) in the amount of $0.5000 per share (the “Series A Dividend”).
Dec 03, 2021 07:30 am ET
Medalist Diversified REIT, Inc. Interview to Air on Bloomberg U.S. on the RedChip Money Report®
Medalist Diversified REIT, Inc. (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 on Sat., Dec. 4 at 7 p.m. Eastern Time (ET). Bloomberg TV is available in an estimated 73 million homes across the United States.
Nov 15, 2021 08:30 am ET
Medalist Diversified REIT, Inc Provides Corporate Update and Reports Third Quarter 2021 Results
Medalist Diversified REIT, Inc. (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 reported financial results for the third quarter ended September 30, 2021 and provided an update on its corporate activities.
Nov 02, 2021 07:30 am ET
Medalist Diversified REIT Announces the Purchase of the Parkway Property
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.
Oct 12, 2021 07:45 am ET
Medalist Diversified REIT Announces Cash Dividend of $0.02 Per Share on Its Common Stock
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”).
Oct 12, 2021 07:30 am ET
Medalist Diversified REIT Announces Series A Preferred Stock Cash Dividend
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 of $0.5000 per share (the “Series A Dividend”).
Sep 01, 2021 08:00 am ET
Medalist Diversified REIT Announces the Sale of the Hampton Inn in Greensboro, North Carolina
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.
Aug 30, 2021 08:00 am ET
Medalist Diversified REIT Announces the Purchase of Greenbrier Business Center
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.
Aug 13, 2021 07:30 am ET
Medalist Diversified REIT Interview to Air on Bloomberg U.S. on the RedChip Money Report®
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.
Aug 13, 2021 07:00 am ET
Medalist Diversified REIT Announces Filing of Its Quarterly Report for the Second Quarter Of 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
Jul 22, 2021 07:30 am ET
Medalist Diversified REIT Announces Cash Dividend of $0.02 Per Share on Its Common Stock
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”). In its decision, the Board of Directors considered a variety of factors, including the cash flow of the company.
Jun 23, 2021 08:01 am ET
Medalist Diversified REIT Announces Series A Preferred Stock Cash Dividend
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 2nd quarter of 2021 on its 8.0% Series A Cumulative Redeemable Preferred Stock (the “Series A Preferred Stock”) in the amount of $0.5000 per share (the “Series A Dividend”).
Jun 07, 2021 08:00 am ET
Medalist Diversified REIT Announces the Execution of a Sales Contract for the Hampton Inn in Greensboro, North Carolina
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.
May 21, 2021 08:00 am ET
Medalist Diversified REIT Announces Extension of Clemson University Rental Agreement Through May 2022 for Its Clemson Best Western Property
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.
May 17, 2021 07:00 am ET
Medalist Diversified REIT Announces the Purchase of Lancer Center
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.
Apr 23, 2021 08:00 am ET
Medalist Diversified REIT Interview to Air on Bloomberg Television U.S. on the RedChip Money Report
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.
Apr 22, 2021 04:15 pm ET
Medalist Diversified REIT Provides Update on Hampton Inn Property
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 re
Apr 15, 2021 05:51 pm ET
Medalist Diversified REIT Announces Series A Preferred Stock Cash Dividend
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 its Board of Directors has authorized and the Company has declared a dividend for the first quarter of 2021 on its 8.0% Series A Cumulative Redeemable Preferred Stock (the “Series A Preferred Stock”) in the amount of $0.5000 per share (the “Series A Dividend”).
Apr 08, 2021 05:51 pm ET
Medalist Diversified REIT Announces Pricing of $12.0 Million Public Offering of Common Stock
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,
Jan 19, 2021 04:15 pm ET
Medalist Diversified REIT Announces Series A Preferred Stock Cash Dividend
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 its Board of Directors has authorized and the Company has declared a dividend for the 4th quarter of 2020 on its 8.0% Series A Cumulative Redeemable Preferred Stock (the “Series A Preferred Stock”) in the amount of $0.5000 per share (the “Series A Dividend”).
Dec 15, 2020 04:44 pm ET
Medalist Diversified REIT Announces Extension of Clemson University Rental Agreement Through May 2021 for Its Clemson Best Western Property
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.
Oct 28, 2020 04:46 pm ET
Medalist Diversified REIT Announces Private Placement of up to $5.0 Million of Convertible Debentures
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 priv
Oct 16, 2020 08:30 pm ET
Medalist Diversified REIT Interview to Air on Bloomberg International on the RedChip Money Report
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 an interview with Thomas E. Messier, Chairman and Chief Executive Officer, will air on The RedChip Money Report television program. The RedChip Money Report airs in 100 million homes on Sundays at 6 p.m. local time in every country in Europe on Bloomberg International.
Oct 13, 2020 04:20 pm ET
Medalist Diversified REIT Announces Series A Preferred Stock Cash Dividend
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 its Board of Directors has authorized and the Company has declared a dividend for the 3rd quarter of 2020 on its 8.0% Series A Cumulative Redeemable Preferred Stock (the “Series A Preferred Stock”) in the amount of $0.5000 per share (the “Series A Dividend”).
Sep 15, 2020 07:00 am ET
Medalist Diversified REIT Provides Update on its Commercial and Hotel Properties
Medalist Diversified REIT, Inc. (Nasdaq: MDRR) (the “Company”) 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, is pleased to provide this property update.
Sep 03, 2020 08:00 am ET
Medalist Diversified REIT Provides Update on Its Commercial and Hotel Properties
Medalist Diversified REIT, Inc. (Nasdaq: MDRR) (the “Company”) 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, is pleased to provide this property update.
Aug 05, 2020 04:15 pm ET
Medalist Diversified REIT Announces Virtual Annual Meeting of Stockholders Information
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 stockholder access information to the Company’s virtual 2020 Annual Meeting of Stockholders to take place on August 18, 2020 at 10:00 a.m. Eastern Daylight Savings. Stockholders as of the close of business on June 4, 2020, the record date for the Annual Meeting, or their legal proxy holders may participate in the Annual Meeting.
Jul 13, 2020 04:15 pm ET
Medalist Diversified REIT Announces Series a Preferred Stock Cash Dividend
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 its Board of Directors has authorized and the Company has declared a dividend for the 2nd quarter of 2020 on its 8.0% Series A Cumulative Redeemable Preferred Stock (the “Series A Preferred Stock”) in the amount of $0.5000 per share (the “Series A Dividend”).
Jul 09, 2020 08:00 am ET
Medalist Diversified REIT Provides Update on its Commercial and Hotel Properties
Medalist Diversified REIT, Inc. (Nasdaq:MDRR) (the “Company”), 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, is pleased to provide this property update.
Apr 15, 2020 04:15 pm ET
Medalist Diversified REIT Announces Series A Preferred Stock Cash Dividend
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 its Board of Directors has authorized and the Company has declared a dividend for the 1st quarter of 2020 on its 8.0% Series A Cumulative Redeemable Preferred Stock (the “Series A Preferred Stock”) in the amount of $0.3722 per share (the “Series A Dividend”).
Mar 06, 2020 08:00 am ET
Medalist Diversified REIT to Host Conference Call to Discuss Fourth Quarter 2019 and Full Year 2019 Earnings
Medalist Diversified REIT, Inc. (Nasdaq: MDRR) (the “Company”) 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, will host a conference call at 9:00 a.m. Eastern Time on Monday, March 9, 2020, to discuss the company’s fourth quarter and fiscal year 2019 financial results and business progress.
Mar 04, 2020 08:00 am ET
Medalist Diversified REIT Announces Fourth Quarter 2019 and Full Year 2019 Earnings
Medalist Diversified REIT, Inc. (Nasdaq: MDRR) (the “Company”) 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, today reported unaudited operating results for its year and quarter ended December 31, 2019. All financial measures referenced herein are unaudited.
Feb 19, 2020 12:28 pm ET
Medalist Diversified REIT Closes $4.6 Million Underwritten Public Offering of Series A Preferred Stock
Medalist Diversified REIT, Inc. (Nasdaq: MDRR) (the “Company”), 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, announced today the closing of its underwritten public offering of 200,000 shares of the Company’s 8.0% Series A Cumulative Redeemable Preferred Stock, liquidation preference of $25.00 per share, at a public offering price of $23.00 per share with gross proceeds to the Company of $4,600,000 before deducting underwriting discounts, commissions, and expenses. Sha
Feb 19, 2020 08:30 am ET
Medalist Diversified REIT to Hold Investor Webinar and Q&A Session with CEO on Thursday, February 20, 2020
Medalist Diversified REIT, Inc. (NASDAQ: MDRR) (“Company”), a real estate investment trust that acquires, leases, and manages industrial, retail, and multi-family residential properties, today announced its CEO Tim Messier will share insight into the Company’s recent developments during an investor webinar on Thursday, February 20, 2020 at 11:00 a.m. ET. A live Q&A session with Tim Messier will follow his presentation.
Feb 13, 2020 10:03 am ET
Medalist Diversified REIT Prices $4.6 Million Underwritten Public Offering of Series A Preferred Stock
Medalist Diversified REIT, Inc. (Nasdaq: MDRR) (the “Company”), 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, announced today the pricing of its underwritten public offering with gross proceeds to the Company expected to be $4,600,000 before deducting underwriting discounts, commissions, and expenses. The proposed offering equates to 200,000 shares of the Company’s 8.0% Series A Cumulative Redeemable Preferred Stock, liquidation preference of $25.00 per share, at a pub
Nov 29, 2019 01:20 pm ET
Medalist Diversified REIT Announces Cash Dividend of $0.125 Per Share
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 that its Board of Directors has authorized and the Company has declared a dividend for the 4th quarter of 2019, on its common stock (the “Common Stock”) in the amount of $0.125 per share (the “Dividend”).
Oct 23, 2019 04:18 pm ET
Medalist Diversified REIT Announces Cash Dividend of $0.175 Per Share
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 that its Board of Directors has authorized and the Company has declared a regular, quarterly cash dividend on its common stock (the “Common Stock”) in the amount of $0.175 per share (the “Dividend”).
Oct 03, 2019 04:52 pm ET
Medalist Diversified REIT Completes Acquisition of the Brookfield Center
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., completed the acquisition of the Brookfield Center, a 66,000 sq. ft. flex-industrial property located in Greenville, South Carolina, for a purchase price of $6,700,000.
Sep 30, 2019 07:30 am ET
Medalist Diversified REIT Completes Acquisition of the Clemson Best Western
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., completed the acquisition of the Clemson Best Western, a 148 room hotel which includes a restaurant, bar and conference facility. The hotel is located in Clemson, South Carolina. The purchase price was $9,750,000.
Sep 04, 2019 04:15 pm ET
Medalist Diversified REIT Interview to Air on Bloomberg International on the RedChip Money Report
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 an interview with CEO Thomas “Tim” Messier will air on The RedChip Money Report television program. The interview will air Sunday, September 8, on Bloomberg International, available in 149 million homes across Europe, the Middle East, and Africa. Check local listings for times in your area.
Sep 03, 2019 07:00 am ET
Medalist Diversified REIT Completes Acquisition of Ashley Plaza in Greensboro
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., completed the acquisition of Ashley Plaza, a 160,356 SF regional shopping center located in Greensboro, North Carolina, for a purchase price of $15.2 million.
Aug 12, 2019 10:45 am ET
Medalist Diversified REIT to Host Investor Webinar on August 13
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., announced today that it will participate in an investor webinar and Q&A session on Tuesday, August 13, 2019, at 11:00 a.m. ET, hosted by RedChip Companies.
Jul 25, 2019 09:00 am ET
Medalist Diversified REIT Announces Appointment of Mr. Mark L. Mullinix and Ms. Dianna Raedle to the Company’s Board of Directors
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., announces today the appointment of two new members to its Board of Directors. The new members of the board are Mark Mullinix and Dianna Raedle. With the addition of these two members the board now has seven members, of which, five are independent directors.
Jul 01, 2019 08:30 am ET
Medalist Diversified REIT Announces Cash Dividend of $0.175 Per Share
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 that its Board of Directors has authorized and the Company has declared a regular, quarterly cash dividend on its common stock (the “Common Stock”) in the amount of $0.175 per share (the “Dividend”).
May 31, 2019 08:30 am ET
Medalist Diversified REIT Announces $1.3 Million Private Placement
Medalist Diversified REIT (NASDAQ:MDRR) (the “Company”), 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, today announced its private placement of 270,833 shares of its common stock at a purchase price of $4.80 per share for gross proceeds of approximately $1.3 million. The private placement is expected to close on May 31, 2019, subject to the satisfaction of customary closing conditions.
May 21, 2019 10:10 am ET
Medalist Diversified REIT Announces Exercise of Over-Allotment Option
Medalist Diversified REIT (NASDAQ: MDRR) (the “Company”), 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, today announced the underwriters of its previously announced public offering of 1,666,667 shares of its common stock, have purchased an additional 227,062 shares of the Company's common stock pursuant to their over-allotment option. The price to the public in the offering was $4.80 per share. The net proc
May 14, 2019 02:32 pm ET
Medalist Diversified REIT Announces Cash Dividend of $0.175 Per Share
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 that its Board of Directors has authorized and the Company has declared a regular, quarterly cash dividend on its common stock (the “Common Stock”) in the amount of $0.175 per share (the “Dividend”).
May 13, 2019 04:38 pm ET
Medalist Diversified REIT Announces Closing of Public Offering of Common Stock
Medalist Diversified REIT (NASDAQ: MDRR) (the “Company”), 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, today announced the closing of a public offering of 1,666,667 shares of its common stock at a price to the public of $4.80 per share, for a total of approximately $8 million in gross proceeds. Shares of the Company’s common stock trade on the Nasdaq Capital Market under the ticker symbol “MDRR.”
May 09, 2019 08:00 am ET
Medalist Diversified REIT Announces Pricing of Public Offering of Common Stock
Medalist Diversified REIT (NASDAQ:MDRR) (the “Company”), 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, today announced the pricing of a public offering of 1,666,667 shares of its common stock at a price to the public of $4.80 per share, for a total of approximately $8 million in gross proceeds. Shares of the Company’s common stock trade on the Nasdaq Capital Market under the ticker symbol “MDRR.”
Mar 12, 2019 04:15 pm ET
Medalist Diversified REIT Reports Fiscal Year 2018 Results
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 financial results for the fiscal year ended December 31, 2018.
Feb 06, 2019 05:37 pm ET
Medalist Diversified REIT Corrects Announcement of December Cash Dividend
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., is correcting the description of the dividend announced in its press release dated December 4, 2018. The Company’s cash dividend payable to stockholders of record as of December 12, 2018, previously referred to as a one-time cash dividend, is a quarterly cash dividend on the Company’s common
Dec 04, 2018 09:15 am ET
Medalist Diversified REIT Announces Cash Dividend of $0.175 Per Share
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 that its Board of Directors has authorized and the Company has declared a one-time cash dividend on its common stock (the “Common Stock”) in the amount of $0.175 per share (the “Dividend”).
Dec 03, 2018 11:34 am ET
Medalist Diversified REIT Announces Closing of Public Offering of Common Stock
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 closing of its initial public offering of 240,000 shares of its common stock at a price to the public of $10.00 per share for gross proceeds of $2.4 million. The new shares, combined with approximately 1,995,000 shares previously sold, began trading on NASDAQ on November 28, 2018.
Nov 28, 2018 08:15 am ET
Medalist Diversified REIT Announces Pricing of Its Initial Public Offering of Common Stock
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 its initial public offering of 240,000 shares of its common stock at a price to the public of $10.00 per share. These shares together with an aggregate of 1,995,000 shares previously sold by the Company through an initial exempt public offering pursuant to Regulation A promu

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