secwatch.observer — SEC 8-K summary
======================================

Issuer:     Medalist Diversified, Inc. (MDRR)
CIK:        0001654595
Form:       8-K
Filed at:   2025-11-12T23:59:59+00:00
Accession:  0001104659-25-109790
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1654595/000110465925109790/0001104659-25-109790-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1654595/000110465925109790/mdrr-20251107x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-109790

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