Medalist Diversified REIT, Inc. Overview
Pro stress-test →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. The company focuses on acquiring, renovating, leasing and managing income-producing properties, with a primary focus on commercial properties, including flex-industrial and retail properties, and multi-family residential properties.
Strategic Profile
Pro stress-test →The company's strategy focuses on value-add and opportunistic commercial real estate designed to provide an attractive balance of risk and returns, with hands-on property management in secondary and tertiary Southeast markets. As of December 31, 2023, the portfolio consisted of 8 retail and flex/industrial properties in the Southeast totaling approximately 851 thousand square feet.
Competitive Landscape
Pro stress-test →Medalist competes within the regional/mid-market REIT space alongside larger diversified REITs like Retail Opportunity Investments Corp. and Lexington Realty Trust, as well as smaller value-focused REITs targeting secondary/tertiary Southeast markets. Its competitive advantage lies in its hyperlocal, hands-on management model and focus on undervalued retail and flex-industrial assets.
Industry Context
Medalist Diversified REIT, Inc. operates in Commercial Real Estate REITs.
Key facts
Founded: 2015 · Headquarters: Richmond, US · Employees: N/A · Revenue: N/A · Market cap: N/A