Medalist Diversified REIT, Inc., a Maryland corporation established on September 28, 2015, has operated and been taxed as a Real Estate Investment Trust (REIT) for federal income tax purposes since its fiscal year ended December 31, 2017. The company also functions as the general partner for Medalist Diversified Holdings, LP, a Delaware limited partnership formed on September 29, 2015. Its core mission is to acquire, reposition, renovate, lease, and manage properties that generate revenue. The primary investment focus spans commercial assets, including flex-industrial and retail spaces, along with multi-family residential units and limited-service hotels. Geographically, these properties are primarily located in secondary and tertiary markets throughout the southeastern United States, with a notable concentration in Virginia, North Carolina, South Carolina, Georgia, Florida, and Alabama.