Medalist forms $4M preferred-equity JV, reinstates reduced-price TX acquisition, closes $10.1M sale

Medalist Diversified, Inc.

Committed $4.0M for ~42% preferred equity in Mira Sav JV with Spandrel; 6% quarterly preferred return plus 9% accrued at exit.
Operating Partnership to guarantee ~$13.5M construction loan for Mira JV; closing expected within 30 days.
Reinstated Aubrey, TX Caliber Collision purchase at reduced price of $5,404,864 (from $5,494,444); earnest deposit retained by seller.
Closed Brookfield Property sale (Greenville, SC) for $10,100,000; used $4,342,261 to defease and retire the related mortgage.
Pro forma H1 2026 net income to common shareholders of $509,304 ($0.35 basic EPS) excluding disposition gains.

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