other material
confidence high
sentiment neutral
materiality 0.70
Medalist Diversified sells Ashley Plaza Shopping Center for $16.3M, repays $10.1M mortgage
Medalist Diversified, Inc.
- Closed sale of 164,012 sq ft Ashley Plaza Shopping Center in Goldsboro, NC on July 31, 2026.
- Total sales price of $16,275,000 to unaffiliated purchaser HPX Goldsboro Ashley Center LLC.
- Used $10,060,697 of proceeds to defease and retire the mortgage loan secured by the property.
- Pro forma balance sheet shows total assets reduced from $68.9M to $55.6M as of March 31, 2026.
- This is the seventh property disposition since October 2025, part of ongoing asset sales.