secwatch.observer — SEC 8-K summary
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Issuer:     Medalist Diversified, Inc. (MDRR)
CIK:        0001654595
Form:       8-K
Filed at:   2026-09-08T20:05:28+00:00
Accession:  0001104659-26-105902
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 2.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1654595/000110465926105902/0001104659-26-105902-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1654595/000110465926105902/mdrr-20260901x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-105902

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