Medalist Diversified REIT, Inc. (MDRR) NASDAQ

Currency In USD

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Medalist Diversified REIT, Inc.

Address

1051 East Cary Street

Richmond, VA 23219

United States of America (the)

Phone

804-344-4435

Sector

Real Estate

Industry

REIT - Diversified

Employees

0

First IPO Date

November 28, 2018

Key Executives

NameTitlePayYear Born
Francis KavanaughChair of the Board, Chief Executive Officer, President, Secretary & Treasurer75,0001961
Charles Brent Winn Jr.Chief Financial Officer175,0001963
Erin BurkeChief of Staff0N/A
Deron ColbyCounsel0N/A
Kevin Rich EganDirector of Strategic Finance & Investor Relations0N/A
Jimi SmootChief Technology Officer0N/A
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Description

Medalist Diversified REIT, Inc. was incorporated in Maryland on September 28, 2015. The company believes it began operating in a manner consistent with Real Estate Investment Trust (REIT) qualifications for its fiscal year ending December 31, 2017, and has since elected to be treated as a REIT for federal income tax purposes. Additionally, it serves as the general partner for Medalist Diversified Holdings, LP, a Delaware limited partnership established a day later on September 29, 2015. The company's core business involves the acquisition, enhancement, renovation, leasing, and ongoing management of income-generating real estate assets. Its investment strategy places a primary focus on commercial properties (including flexible industrial and retail spaces), multi-family residential complexes, and limited-service hotel properties. These holdings are strategically located in secondary and tertiary markets throughout the southeastern United States, with a strong anticipated presence in Virginia, North Carolina, South Carolina, Georgia, Florida, and Alabama.

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