Medalist Diversified REIT Announces the Purchase of Lancer Center
Medalist Diversified REIT, Inc. (MDRR)
Company Research
Source: Business Wire
RICHMOND, Va.--(BUSINESS WIRE)--Medalist Diversified REIT, Inc. (NASDAQ: MDRR) (the “Company” or “Medalist”), is a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate in the Southeast region of the U.S.On May 14, 2021, Medalist Diversified Holdings, L.P., the operating partnership of Medalist Diversified REIT, Inc. (the “Company”), acquired a retail center totaling approximately 178,626 square feet of gross leasable space in Lancaster, South Carolina, commonly referred to as the Lancer Center property (“Lancer Center”), from an unaffiliated seller for a purchase price of $10,100,000, exclusive of closing costs and a $200,000 credit to the Company for major repairs. The Company’s equity investment in the acquisition of approximately $3,750,000 was funded using a portion of the net proceeds from the Company’s common stock offering that Medalist closed with Kingswood Capital on April 13, 2021. Management expects to use
Show less
Read more
Impact Snapshot
Event Time:
MDRR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MDRR alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MDRR alerts
High impacting Medalist Diversified REIT, Inc. news events
Weekly update
A roundup of the hottest topics
MDRR
News
- Blüm Responds to Allegations of Child Molestation By Bernard Steimann, “People's California” Managing Member; Denounces Sexual Abuse of Children [Yahoo! Finance]Yahoo! Finance
- 3 REITs Shunned By Wall Street: Any Hope For A Turn-Around? [Yahoo! Finance]Yahoo! Finance
- Bullish Medalist Diversified REIT Insiders Loaded Up On US$528.8k Of Stock [Yahoo! Finance]Yahoo! Finance
- People's First Choice, LLC (“Blüm Santa Ana”) Granted Temporary Restraining Order Against New Patriot Holdings, Inc. [Yahoo! Finance]Yahoo! Finance
MDRR
Sec Filings
- 4/8/24 - Form 8-K
- 3/29/24 - Form 8-K/A
- 3/28/24 - Form 8-K/A
- MDRR's page on the SEC website