Medalist Diversified, Inc. (MDRR): M&A transaction — Medalist Diversified REIT acquires 16% interest in Hanover Outparcel Property for $98,410.94

Medalist Diversified, Inc.

Completed purchase of 16% tenant-in-common interest in Hanover Outparcel Property on March 25, 2024.
Purchase price of $98,410.94 paid by wholly owned subsidiary MDR Hanover Square, LLC.
In connection with the acquisition, prior Tenants-in-Common Agreement dated May 8, 2018 was terminated.
Transaction previously disclosed under Purchase and Sale Agreement filed on Form 8-K on February 20, 2024.

item 1.01 item 2.01

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

Medalist Diversified, Inc. completed an acquisition involving PMI Hanover SQ, LLC for $98,410.94 (closed 2024-03-25).

Action: acquisition
Counterparty: PMI Hanover SQ, LLC
Consideration: $98,410.94
Closing: 2024-03-25

Exact text from the filing

On March 25, 2024, Buyer completed the acquisition of the 16% tenant-in-common interest in the Hanover Outparcel Property for a purchase price of $98,410.94.

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Medalist Diversified, Inc. filing history →

Source: SEC EDGAR

accession 0001558370-24-003951

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