{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-125249","form_type":"8-K","ticker":"MDRR","cik":"0001654595","company_name":"Medalist Diversified, Inc.","filed_at":"2025-12-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.057178+00:00","generated_at":"2026-05-16T11:59:59.706615+00:00","sec_items":["1.01","1.02","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Medalist Diversified REIT Enters Agreement to Sell Parkway Property for $7.9M and Repays $14.7M Credit Line","bullets":["MDR Parkway, LLC and PMI Parkway, LLC agree to sell 2697 International Parkway, Virginia Beach, VA to Club Forest International Parkway, LLC for $7,900,000.","Earnest money deposit of $100,000 due within three business days; closing expected within 90 days.","On December 30, 2025, the company fully repaid and terminated a $14.7 million line of credit from Farmers and Merchants Bank of Long Beach.","No material early termination penalties were incurred from the debt repayment.","Proceeds from previously announced dispositions and cash on hand were used to repay the credit line."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-125249","json":"https://secwatch.observer/filing/0001104659-25-125249.json","markdown":"https://secwatch.observer/filing/0001104659-25-125249.md","text":"https://secwatch.observer/filing/0001104659-25-125249.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1654595/000110465925125249/0001104659-25-125249-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1654595/000110465925125249/mdrr-20251229x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud","generated_at":"2026-05-16T11:59:59.706615+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7268c1a63ff5f9abf218d03450bfee620b5df16c","claim":"Medalist Diversified, Inc. entered into Parkway Purchase and Sale Agreement with Club Forest International Parkway, LLC valued at $7,900,000 (effective 2025-12-29).","evidence_excerpt":"On December 29, 2025, (the \"Effective Date\"), MDR Parkway, LLC, a Delaware limited liability company (\"MDR Parkway\"), a wholly-owned subsidiary of Medalist Diversified REIT, Inc., a Maryland corporation (the \"Company\") and PMI Parkway, LLC, a Delaware limited liability company not affiliated with the Company (together with MDR Parkway, the \"Sellers\"), entered into a Purchase and Sale Agreement (the \"Parkway Purchase and Sale Agreement\"), with Club Forest International Parkway, LLC, a Virginia limited liability company (the \"Purchaser\"), whereby the Purchaser agreed to acquire (the \"Acquisition\") the property located at 2697 International Parkway, Virginia Beach, Virginia, commonly known as the Parkway Property (the \"Parkway Property\").","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1654595/000110465925125249/0001104659-25-125249-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"Club Forest International Parkway, LLC"},{"label":"Value","value":"$7,900,000"},{"label":"Effective","value":"2025-12-29"}],"fact_type":"material_agreement"},{"claim_id":"ca7fa3e60a7a3fb23cc16bfd2e70e7d83bcd5f1b","claim":"Medalist Diversified, Inc. terminated Loan Agreement with Farmers and Merchants Bank of Long Beach valued at $14,700,000 (effective 2025-12-30).","evidence_excerpt":"On December 30, 2025, using cash on hand and the proceeds from previously announced property dispositions, the Company completed the repayment in full all outstanding indebtedness under and terminated (i) the Loan Agreement (the \"Loan Agreement\"), dated as of July 18, 2025, by and between MDRR XXV Depositor 1, LLC, a Delaware limited liability company and wholly-owned subsidiary of the Company, and Farmers and Merchants Bank of Long Beach (\"Farmers\"), (ii) the Continuing Guaranty, dated as of July 18, 2025, by the Company in favor of Farmers (the \"Company Guaranty\") and (iii) the Continuing Guaranty, dated as of July 18, 2025, by Medalist Diversified Holdings, LP (the \"Operating Partnership\") in favor of Farmers (the \"Operating Partnership Guaranty\").","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1654595/000110465925125249/0001104659-25-125249-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"termination"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Farmers and Merchants Bank of Long Beach"},{"label":"Value","value":"$14,700,000"},{"label":"Effective","value":"2025-12-30"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}