{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-24-007062","form_type":"8-K/A","ticker":"MDRR","cik":"0001654595","company_name":"Medalist Diversified, Inc.","filed_at":"2024-05-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.446313+00:00","generated_at":"2026-06-02T18:53:26.360874+00:00","sec_items":["9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Medalist REIT files Citibank Property financials; pro forma net loss $4.5M for 2023","bullets":["Citibank Property generated $128,444 revenue in 2023 from single-tenant net lease with Citibank, N.A.; tenant pays all expenses.","Acquisition closed March 28, 2024 for $2.4M paid via 417,391 OP units at ~$5.75/unit; seller controlled by CEO Frank Kavanaugh.","Pro forma net loss for year ended Dec 31, 2023 estimated at $4.5M after adding Citibank income and removing Hanover Square results.","Hanover Square Shopping Center sold March 13, 2024 for $13M, generating approx $2.3M gain; mortgage repaid.","Company acquired noncontrolling 16% interest in Hanover Square outparcel for $98,411 plus closing costs."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-24-007062","json":"https://secwatch.observer/filing/0001558370-24-007062.json","markdown":"https://secwatch.observer/filing/0001558370-24-007062.md","text":"https://secwatch.observer/filing/0001558370-24-007062.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1654595/000155837024007062/0001558370-24-007062-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1654595/000155837024007062/mdrr-20240328x8ka.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T18:53:26.360874+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}