Medalist Diversified REIT, Inc. Announces Corporate Repositioning
Medalist Diversified REIT, Inc. (MDRR)
Company Research
Source: Business Wire
RICHMOND, Va.--(BUSINESS WIRE)--Medalist Diversified REIT, Inc. (NASDAQ: MDRR) (the "Company" or "Medalist"), a Virginia-based corporation announced today that the Company’s Board of Directors has approved an updated strategic framework to continue the Company’s transition from an equity REIT to a business with increased capital allocation flexibility.As part of this strategy, the Company intends to revoke its REIT tax election effective as of January 1, 2026 and transition to a standard C-corporation for its 2026 tax year and thereafter. The Company believes this change will eliminate the structural constraints required to qualify for REIT status, including mandatory distribution requirements and asset and income tests that may limit business activities. In connection with the revocation, the Company also expects to change its corporate name to Medalist Diversified, Inc., while retaining its NASDAQ listing and ticker symbol, MDRR.Over the past two and a half years, the Company be
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News
- Medalist Diversified REIT, Inc. Announces Corporate Repositioning [Yahoo! Finance]Yahoo! Finance
- Medalist Diversified REIT (NASDAQ:MDRR) had its "sell (d)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Medalist Diversified REIT, Inc. Announces Dividend of $0.0675 Per Share on Its Common StockBusiness Wire
MDRR
Sec Filings
- 2/17/26 - Form 4
- 2/17/26 - Form 8-K
- 2/4/26 - Form 8-K
- MDRR's page on the SEC website