# Medalist Diversified, Inc. (MDRR) — bankruptcy [pending]
Source: SEC API (secapi.ai) · situation sit_c7b3890d45d9b991a09f · retrieved 2026-08-11T16:12:42.423Z

## Overview
Medalist Diversified, Inc. is a Maryland-incorporated real estate investment trust (REIT) that acquires and holds commercial real estate properties, including collision center facilities.

Medalist Diversified, Inc. entered into two purchase and sale agreements on July 21, 2026, to acquire two Caliber Collision Center properties in Texas from NPH Ventures, LLC. The Denton property (8600 Highway 377, Aubrey, Texas) is being acquired for $5,494,444, and the Johnson property (282 South Colonial Drive, Cleburne, Texas) is being acquired for $5,648,000, for a combined total consideration of $11,142,444. The Company is required to make earnest money deposits of $122,000 for the Denton Acquisition and $105,000 for the Johnson Acquisition within three business days of the effective date. Both acquisitions are expected to close within 60 days, subject to customary closing conditions. The Company intends to assign its interests in both acquisitions to Delaware statutory trusts (DSTs) and offer beneficial interests in the DSTs to accredited investors in a private placement under Regulation D.

## Terms
- Counterparty: NPH Ventures, LLC · Consideration: cash

## Key dates
- Announced 2026-07-22

## Timeline
- 2026-07-22 · 8-K (0001104659-26-085800): 8-K - Medalist Diversified, Inc. — *Medalist Diversified, Inc. is a Maryland-incorporated real estate investment trust (REIT) that acquires and holds commercial real estate properties, including collision center facilities.* Medalist Diversified, Inc. entered into two purchase and sale agreements on July 21, 2026, to acquire two Caliber Collision Center properties in Texas from NPH Ventures, LLC. The Denton property (8600 Highway 377, Aubrey, Texas) is being acquired for $5,494,444, and the Johnson property (282 South Colonial Drive, Cleburne, Texas) is being acquired for $5,648,000, for a combined total consideration of $11,142,444. The Company is required to make earnest money deposits of $122,000 for the Denton Acquisition and $105,000 for the Johnson Acquisition within three business days of the effective date. Both acquisitions are expected to close within 60 days, subject to customary closing conditions. The Company intends to assign its interests in both acquisitions to Delaware statutory trusts (DSTs) and offer beneficial interests in the DSTs to accredited investors in a private placement under Regulation D.
  https://www.sec.gov/Archives/edgar/data/1654595/0001104659-26-085800.txt

## Citations
- 0001104659-26-085800 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000110465926085800