Medalist Diversified Reit Announces The Purchase Of Salisbury Marketplace And The Completion Of A Financing Transaction With Wells Fargo Bank
Round Type
Funding Round
Description
Medalist Diversified REIT, Inc. (NASDAQ: MDRR) (the “Company” or “Medalist”), a Virginia-based real estate investment trust that specializes in acquiring and managing commercial real estate in the Southeastern United States, today announced Medalist Diversified Holdings, L.P., the operating partnership of Medalist, completed the purchase of a community shopping center consisting of 79,732 square feet of leasable area in Salisbury, North Carolina, commonly referred to as Salisbury Marketplace (“Salisbury Marketplace”), from an unaffiliated seller for a purchase price of $10,025,000 on June 10, 2022. The Company invested approximately $3.3 million of cash in Salisbury Marketplace, which is anchored by Food Lion, CitiTrends and Family Dollar.
Quick answer
Medalist Diversified REIT raised an undisclosed amount in a Funding Round round, dated June 13, 2022. Medalist Diversified REIT is based in United States.
- How much did Medalist Diversified REIT raise?
- Medalist Diversified REIT raised an undisclosed amount in a Funding Round round on June 13, 2022.
- What does Medalist Diversified REIT do?
- Medalist Diversified REIT Inc. is a Virginia-based real estate investment trust that specializes in acquiring, owning and managing value-add commercial real estate in the Mid-Atlantic and Southeast regions.
- Where is Medalist Diversified REIT based and how big is it?
- Medalist Diversified REIT is based in United States. Fundz records about 8 employees.
Source: Fundz verified event record.
Who else raised in Real Estate and Sales And Marketing around the same time
Companies in the same sectors as Medalist Diversified REIT that raised within 45 days of this round, from Fundz verified event records.
- Greystone raised $12M (Funding Round) on June 30, 2022.
- Greystone raised $24M (Funding Round) on June 21, 2022.
- W. P. Carey raised an undisclosed amount on June 7, 2022.
- Greystone raised $10M (Funding Round) on June 6, 2022.
- Greystone raised $50M (Funding Round) on May 3, 2022.
- Courted raised $6M (Seed) on May 3, 2022.
Who to call at Medalist Diversified REIT, and when
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- An alert the day Medalist Diversified REIT raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Medalist Diversified REIT, from your own LinkedIn network
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Medalist Diversified REIT raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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