secwatch.observer — SEC 8-K summary
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Issuer:     Medalist Diversified, Inc. (MDRR)
CIK:        0001654595
Form:       8-K
Filed at:   2023-12-29T23:59:59+00:00
Accession:  0001104659-23-130503
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Medalist Diversified REIT agrees to sell Hanover Square North property for $13M
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- Sale price $13,000,000 for 84% tenant-in-common interest in Hanover Square North, Mechanicsville, VA.
- Buyer Prudent Growth Partners, LLC; total earnest money $500,000 ($250k initial + $250k additional).
- Closing expected within 30 days after 40-day due diligence period; several conditions remain.
- Property is a 73,440 sq ft retail center on 8.766 acres.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1654595/000110465923130503/0001104659-23-130503-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1654595/000110465923130503/tm2333936d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-130503

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer