Medalist Diversified REIT Inc. has entered into a new loan agreement through its subsidiary, MDRR XXV DST 1, with Pinnacle Bank for a loan amount of $7,710,000. In connection with this financing, Medalist Diversified Holdings, LP, the company's operating partnership, has provided a limited guaranty covering certain potential costs, expenses, and losses for which the DST may be liable under the loan agreement, as well as a guaranty of the principal balance and any outstanding interest or other sums in the event of specific bankruptcy or insolvency proceedings involving the DST. The agreements are part of a transaction related to the acquisition of a Tesla sales, service, and delivery facility in Pensacola, Florida.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Medalist Diversified REIT Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-109790), on November 12, 2025, and is solely responsible for the information contained therein.