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Medalist Diversified REIT ( (MDRR) ) just unveiled an announcement.
On January 22, 2025, Medalist Diversified REIT announced the availability of its financial supplements for 2024 and a Board decision to permit C. Brent Winn, Jr. to own up to 4.90% of the company’s shares, potentially impacting share ownership dynamics. The company’s strategic repositioning towards net-leased assets and recent acquisition of a Citibank property in Chicago mark a significant operational focus shift aimed at enhancing stability and income predictability.
More about Medalist Diversified REIT
Medalist Diversified REIT, Inc. is a real estate investment trust specializing in acquiring, owning, and managing value-add commercial real estate, with a portfolio comprising properties in the Southeast and Illinois, focusing on stable, income-generating assets.
YTD Price Performance: -7.45%
Average Trading Volume: 4,793
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $16.52M
For a thorough assessment of MDRR stock, go to TipRanks’ Stock Analysis page.
