Medalist Diversified, Inc. 8K

Medalist Diversified, Inc. provided Article 11 pro forma financials reflecting multiple property sales and the deconsolidation of a DST entity, showing the impact of these portfolio changes and related debt repayments on recent and prior-period results.

Medalist Diversified, Inc. filed unaudited pro forma consolidated financial statements under Article 11 of Regulation S-X to reflect a series of significant real estate dispositions completed between October 23, 2025 and July 31, 2026, as well as the June 20, 2026 deconsolidation of MDRR XXV DST 1 following the sale of 84.72% of its Class 1 beneficial interests, showing the pro forma impact of these transactions on its March 31, 2026 balance sheet and its statements of operations for the three months ended March 31, 2026 and the year ended December 31, 2025. The dispositions include sales of the Salisbury, Buffalo Wild Wings, United Rentals, Greenbrier, Parkway, Franklin Square, Citibank, and Ashley Plaza properties across multiple states, generating substantial cash proceeds that were in part used to repay or defease property-level mortgage debt, while the DST deconsolidation removes the Tesla Pensacola Property and related assets and liabilities from the consolidated financials and records a retained 15.28% equity interest.

Filing Facts

CIK

1654595

Ticker

-

Form

8K

Source Type

sec

Accession

0001104659-26-090763

Alert Tier

7