---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-109790"
form_type: "8-K"
ticker: "MDRR"
cik: "0001654595"
company_name: "Medalist Diversified, Inc."
filed_at: "2025-11-12T23:59:59+00:00"
generated_at: "2026-05-16T21:16:40.068729+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Medalist Diversified REIT contributes Tesla facility to DST for $14.55M; receives $6.93M cash and beneficial interests.

## Summary
- On Nov 7, 2025, wholly-owned subsidiary contributed a 45,461 sq ft Tesla sales/service facility on 3.498 acres in Pensacola, FL to DST MDRR XXV DST 1.
- Total consideration $14,554,504: $6,932,061 cash to the company plus beneficial interests valued at $7,622,443.
- DST will offer beneficial interests to accredited investors via Regulation D; company expects no retained ownership but remains trust manager.
- DST entered $7,710,000 loan from Pinnacle Bank; operating partnership provided limited guaranty on certain recourse obligations and bankruptcy-related principal.

## SEC filing metadata
- accession: 0001104659-25-109790
- form_type: 8-K
- ticker: MDRR
- cik: 0001654595
- company_name: Medalist Diversified, Inc.
- filed_at: 2025-11-12T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1654595/000110465925109790/0001104659-25-109790-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1654595/000110465925109790/mdrr-20251107x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-109790
- JSON: https://secwatch.observer/filing/0001104659-25-109790.json
- Plain text: https://secwatch.observer/filing/0001104659-25-109790.txt

## Source-grounded claims
- claim_id: 3b32c5b39fdf0c3a3584ed204567dc44a1466e87
  claim: Medalist Diversified, Inc. incurred loan of $7,710,000 with Pinnacle Bank at Not specified maturing Not specified.
  evidence_excerpt: On November 7, 2025, in connection with the completion of the Contribution, the DST entered into a Loan Agreement (the “Loan Agreement”) with Pinnacle Bank (the “Lender”), for a loan in the amount of $7,710,000.00 (the “Loan”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1654595/000110465925109790/0001104659-25-109790-index.htm
- claim_id: 65767ad3b578e1d7f3d225c3c802c750d8c6aac1
  claim: Medalist Diversified, Inc. completed a disposition involving MDRR XXV DST 1 for $14,554,504 (closed 2025-11-07).
  evidence_excerpt: foot, single story building on 3.498 acres of land located at 312 E. 9 Mile Road, Pensacola, Florida (the “Tesla Property”) to the DST in exchange for total consideration of $14,554,504, as described in more detail below, which was based on the price paid by the Company to acquire the Property on July 18, 2025. The Contribution Agreement contains representations,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1654595/000110465925109790/0001104659-25-109790-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
