Articles from Medalist Diversified REIT

Medalist Diversified REIT (NASDAQMDRR) (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 has appointed Kory J. Kramer to its Board of Directors. A seasoned investment professional with a distinguished track record, Kramer is currently a partner and investment officer at Eagle Four Partners, a private equity firm based in Newport Beach, California, where he oversees acquisitions, development, financing, and asset management. With over $3 billion in transactions, his expertise spans transforming premier properties such as Pendry Newport Beach and VEA Newport Beach, among others.

Medalist Diversified REIT (NASDAQMDRR) (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.

Medalist Diversified REIT (NASDAQMDRR) (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 (NASDAQMDRR) (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").

Medalist Diversified REIT (NASDAQMDRR) (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 (NASDAQMDRR) (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.