secwatch.observer — SEC 8-K summary
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Issuer:     Medalist Diversified, Inc. (MDRR)
CIK:        0001654595
Form:       8-K
Filed at:   2025-12-30T23:59:59+00:00
Accession:  0001104659-25-125249
Event type: m_and_a
Sentiment:  positive
Materiality: 0.80
Item codes: 1.01, 1.02, 9.01
LLM model:  deepseek-v4-flash:cloud

Medalist Diversified REIT Enters Agreement to Sell Parkway Property for $7.9M and Repays $14.7M Credit Line
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1654595/000110465925125249/0001104659-25-125249-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1654595/000110465925125249/mdrr-20251229x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-125249

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