---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-25-001516"
form_type: "8-K"
ticker: "MDRR"
cik: "0001654595"
company_name: "Medalist Diversified, Inc."
filed_at: "2025-02-25T23:59:59+00:00"
generated_at: "2026-05-26T04:48:07.004416+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Medalist Diversified REIT acquires United Rentals property for $3.145M in OP units and cash

## Summary
- Acquired 7,500 sq ft property in Huntsville, AL for $3.145M; paid 251,600 OP units at $12.50/unit plus $42,446 cash.
- Property is triple-net leased to United Rentals (NYSE: URI subsidiary) with 100% occupancy.
- 2023 property revenue $194,657; nine-month 2024 revenue $154,361; future minimum rents total $1,507,707.
- Seller Dionysus Investments is managed by CEO Frank Kavanaugh, making it a related-party transaction.
- OP units issued are redeemable for common stock only with stockholder approval.

## SEC filing metadata
- accession: 0001558370-25-001516
- form_type: 8-K
- ticker: MDRR
- cik: 0001654595
- company_name: Medalist Diversified, Inc.
- filed_at: 2025-02-25T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1654595/000155837025001516/0001558370-25-001516-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1654595/000155837025001516/mdrr-20250221x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-25-001516
- JSON: https://secwatch.observer/filing/0001558370-25-001516.json
- Plain text: https://secwatch.observer/filing/0001558370-25-001516.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.