Extracted from this filing and checked against the source text.
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Medalist Diversified, Inc. entered into OP Unit Purchase Agreement with Peter Mueller, Inc. valued at $61,589.06 (effective 2024-02-16).
- Action
- entry
- Agreement
- equity purchase
- Counterparty
- Peter Mueller, Inc.
- Value
- $61,589.06
- Effective
- 2024-02-16
Exact text from the filing
Also, on February 16, 2024 (the “Effective Date”), the Company entered into OP Unit Purchase Agreement (the “OP UPA”), a copy of which is filed hereto as Exhibit 10.3, with Peter Mueller, Inc., a Virginia corporation (“OP Unit Seller”), whereby the Company agreed to purchase OP Unit Seller’s 11,731.25 Operating Partnership Units (the “OP Units”) in Medalist Diversified Holdings, LP, a Delaware limited partnership (the “MDH LP”).
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Medalist Diversified, Inc. entered into Purchase and Sale Agreement with PMI Hanover SQ, LLC valued at $98,410.94 (effective 2024-02-16).
- Action
- entry
- Agreement
- asset purchase
- Counterparty
- PMI Hanover SQ, LLC
- Value
- $98,410.94
- Effective
- 2024-02-16
Exact text from the filing
On February 16, 2024, MDR Hanover Square, LLC, a Delaware limited liability company (“Buyer”), a wholly owned subsidiary of the Company, entered into a Purchase and Sale Agreement (the “Outparcel PSA”), a copy of which is filed hereto as Exhibit 10.2, with the Company’s tenant-in-common partner, PMI Hanover SQ, LLC, a Delaware limited liability company (“Seller”), whereby Buyer agreed to purchase Seller’s 16% tenant-in-common interest in that certain tract of real property identified as tax parcel number 8714-63-9931 and more particularly described in Exhibit “A” to the Outparcel PSA (the “Hanover Outparcel Property”).
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Medalist Diversified, Inc. entered into Purchase and Sale Agreement with RMP N. Central Ave., LLC valued at $2,400,000.00 (effective 2024-02-15).
- Action
- entry
- Agreement
- asset purchase
- Counterparty
- RMP N. Central Ave., LLC
- Value
- $2,400,000.00
- Effective
- 2024-02-15
Exact text from the filing
On February 15, 2024 (the “Effective Date”), Medalist Diversified REIT, Inc. (the “Company”), entered into a Purchase and Sale Agreement (the “N. Central Ave. PSA”), a copy of which is filed hereto as Exhibit 10.1, with RMP N. Central Ave., LLC, a Delaware limited liability company (“Seller”), whereby the Company agreed to purchase that certain tract of real property identified as containing building with a physical address of 3535 North Central Avenue, Chicago, IL 60634, and more particularly described in Exhibit “A” to the N. Central Ave. PSA (the “N. Central Ave. Property”).
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