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Medalist Diversified REIT Repays Credit Facility, Cleans Balance Sheet

Story Highlights
  • On December 29, 2025, Medalist agreed to sell its Parkway Property in Virginia Beach for $7.9 million.
  • On December 30, 2025, the REIT fully repaid and terminated a $14.7 million credit line without material penalties.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Medalist Diversified REIT Repays Credit Facility, Cleans Balance Sheet

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The latest update is out from Medalist Diversified REIT ( (MDRR) ).

On December 29, 2025, a wholly owned subsidiary of Medalist Diversified REIT, together with an unaffiliated co-owner, agreed to sell the Parkway Property at 2697 International Parkway in Virginia Beach, Virginia, to Club Forest International Parkway, LLC for $7.9 million, subject to customary prorations, adjustments and closing conditions, including a $100,000 earnest money deposit and an expected closing within 90 days that is not yet assured. On December 30, 2025, the company used cash on hand and proceeds from earlier property sales to fully repay and terminate a $14.7 million credit line and related guarantees with Farmers and Merchants Bank of Long Beach without incurring material early termination penalties, thereby releasing the company and its operating partnership from associated obligations and further advancing its balance sheet cleanup and portfolio repositioning strategy.

The most recent analyst rating on (MDRR) stock is a Hold with a $13.50 price target. To see the full list of analyst forecasts on Medalist Diversified REIT stock, see the MDRR Stock Forecast page.

Spark’s Take on MDRR Stock

According to Spark, TipRanks’ AI Analyst, MDRR is a Neutral.

The overall stock score for Medalist Diversified REIT is primarily influenced by its financial performance, which is facing significant challenges due to negative profitability and high leverage. Technical analysis provides a neutral outlook, with some potential for upward momentum. Valuation metrics are concerning, with a negative P/E ratio and low dividend yield. These factors collectively suggest caution for potential investors.

To see Spark’s full report on MDRR stock, click here.

More about Medalist Diversified REIT

Medalist Diversified REIT, Inc. is a real estate investment trust that operates through subsidiaries to own and dispose of commercial real estate properties, including assets such as the Parkway Property in Virginia Beach, Virginia, with a focus on managing its portfolio and financing structure through acquisitions, dispositions and credit facilities.

Average Trading Volume: 3,151

Technical Sentiment Signal: Buy

Current Market Cap: $27.71M

For an in-depth examination of MDRR stock, go to TipRanks’ Overview page.

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