Medalist Diversified REIT
- Company typePublic
- Founded2018
- HeadquartersRichmond, United States
- Headcount1–10
- GTM typeB2B and B2C
- OfferingServices
Medalist Diversified REIT firmographics
Firmographics- Name
- Medalist Diversified REIT
- Legal name
- Medalist Diversified, Inc.
- Website
- https://medalistreit.com
- Company type
- Public
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Medalist Diversified REIT industry classification
Industry- Product category
- Real Estate Investment Trust / DST Sponsor
- NAICS
- Funds, Trusts, and Other Financial Vehicles (525), Other Financial Vehicles (525990), Trusts, Estates, and Agency Accounts (52592)
- SIC
- Real Estate Investment Trusts (6798)
- akta.pro primary industry
- REITs & Listed Real Estate Securities (FSAAAKAD)
Keywords
Where Medalist Diversified REIT is headquartered
LocationHeadquarters
- HQ city
- Richmond
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Medalist Diversified REIT business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure, Others
Revenue model
- DST Sponsor Platform Revenue: Medalist operates as a publicly-traded DST sponsor, generating revenue through sponsor-level fees from managing Delaware Statutory Trust offerings for accredited 1031 exchange investors. The company reports approximately $40 million in sponsor-level net asset value.
- Property Disposition/Transaction Fees: Revenue generated from the sale of real estate properties held in the portfolio, such as the $9.93 million sale of Salisbury Marketplace Shopping Center in North Carolina
- DST Interest Sales (Subscription Fees): Investors purchase DST interests through private placement offerings with $100,000 minimum investment, generating sponsor revenue from fractional ownership sales
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Pay-as-you-go | $100,000 minimum investment for accredited investors |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
Medalist Diversified REIT product offering
Product offeringCore offering
Medalist Diversified REIT operates a publicly-traded Delaware Statutory Trust (DST) sponsor platform under the Medalist DST sub-brand through wholly-owned subsidiary MDRR Sponsor TRS, LLC. The company sells fractional interests in institutional-quality, single-tenant net-leased commercial properties to accredited investors for use in 1031 tax-deferred exchanges, with a $100,000 minimum investment, triple-net lease structure, monthly distributions from investment-grade tenants, and SEC-reported, FactRight-verified public-company governance.
Product overview
Medalist Diversified REIT operates as a single unified DST sponsor platform (Medalist DST) that enables accredited investors to achieve 100% tax deferral via 1031 exchanges through fractional ownership in institutional-quality, single-tenant net-leased commercial properties. The platform is powered by its wholly-owned subsidiary MDRR Sponsor TRS, LLC and is structured with public-company governance—SEC-reported, audited by Cherry Bekaert LLP, and FactRight verified. Target property types include retail/NNN (auto service, QSR, dollar stores), industrial (distribution, warehouse, logistics), and healthcare (dialysis, urgent care, outpatient), with geographic focus on Sunbelt and Mountain West states (TX, FL, GA, NC, SC, TN, UT, AZ, ID, NV, CO). The subsidiary MDRR Sponsor TRS, LLC operates the platform, while upcoming offerings like 'Medalist DST Next Offering' represent new DST products in the pipeline.
Differentiator
Problem solved
Functional benefit
Brands
- Medalist DST: Delaware Statutory Trust platform for accredited 1031 exchange investors offering single-tenant net lease DST investments.
Products and services
- Medalist DST Platform Publicly-traded Delaware Statutory Trust (DST) sponsor platform enabling accredited investors to participate in 1031 tax-deferred exchanges through fractional ownership in single-tenant, net-leased commercial properties leased to institutional-grade tenants (such as DaVita and Tesla). Includes SEC-reported governance, Cherry Bekaert LLP independent audit, FactRight verification, and a $100,000 minimum investment per DST interest.
- Medalist DST Current Offering (Salisbury Marketplace-area / active DST interest) A single-tenant, net-leased Delaware Statutory Trust currently available on the Medalist DST Platform for accredited 1031 and direct cash investors, structured as absolute NNN with institutional tenants and offering 100% tax deferral via 1031 exchange plus monthly passive distributions.
- Medalist DST Next Offering (pipeline) A single-tenant, net-leased Delaware Statutory Trust in the pipeline for accredited 1031 and direct cash investors, structured as absolute NNN with institutional tenants. Advisors who connect early receive offering materials and the full diligence package before broad availability, backed by the same public-company sponsor governance, SEC reporting, and FactRight verification as the Medalist DST Platform.
Quantifiable outcome
- 35% dividend growth over last twelve months
- +2 more outcomes
Companies that use Medalist Diversified REIT
Customer profileNamed customers2 records
Segments2 records
Ideal customer profiles2 records
Medalist Diversified REIT technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Medalist Diversified REIT partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered minor and core.
- Salisbury SC LLCminorSalisbury SC LLC purchased the Salisbury Marketplace Shopping Center in North Carolina from Medalist Diversified REIT for $9.93 million as part of the company's asset disposition strategy.
- Cherry Bekaert LLPcoreIndependent audit firm providing annual audit services for Medalist's SEC filings; Cherry Bekaert LLP audits the company's 10-Ks and provides financial statement verification as part of public-company governance.
- FactRightcoreThird-party due diligence verification firm that verifies every DST offering; provides compliance pre-clearance for broker-dealer and RIA review cycles; enhances credibility for advisor due diligence processes.
Scale indicators6 records
Recent moves7 records
Expansion highlights5 records
Medalist Diversified REIT competitors and assessment
Company assessmentDirect peers
- Alpine Income Property Trust: Publicly-traded net-lease REIT focused on acquiring single-tenant retail and office properties across the U.S., overlapping Medalist's institutional-grade single-tenant acquisition strategy.
- Modiv Inc. Publicly-traded net-lease REIT that raises capital via direct-to-investor platforms and asset sponsorships, broadly comparable to Medalist as a single-tenant net-lease vehicle targeting high-net-worth investors.
- Strawberry Fields REIT: Publicly-traded net-lease REIT concentrated in healthcare and necessity-based tenants, sharing Medalist's healthcare-tenant focus (e.g., DaVita) and institutional single-tenant thesis.
- Capital Square Realty & Investments: Active sponsor of Delaware Statutory Trusts and qualified opportunity zone funds for 1031 exchange investors; directly competes for the same accredited-investor capital in the DST niche.
Broad incumbents
- W. P. Carey Inc. Diversified net-lease REIT with a long-running DST/net-lease program in the U.S. and Europe; a broad incumbent establishing the advisor-relationship template Medalist is following.
- Broadstone Net Lease: NYSE-listed, large-cap single-tenant net-lease REIT; while significantly larger and more diversified, it is the closest 'brand-name' benchmark to Medalist's target asset class.
- Phillips Edison & Company: Publicly-traded net-lease / grocery-anchored REIT that demonstrates the scale and SEC-grade reporting template Medalist aspires to as a public REIT competing with private DST sponsors.
- KBS Capital Advisors: Major private sponsor of non-traded REITs and DSTs for high-net-worth investors; a dominant competitor in the advisor-driven DST placement market where Medalist is positioning itself.
- BlueRock Residential Growth REIT (now private): Was a public diversified REIT operating comparable single-tenant and multifamily strategies; relevant size and strategy benchmark even though asset class differs from Medalist's net-lease focus.
Emerging players
- Carter Exchange Holdings (Carter Validus): Active private DST sponsor with a similar advisor-channel, single-tenant net-lease positioning to Medalist; represents the type of private competitor Medalist distinguishes itself against via its NASDAQ listing.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Medalist Diversified REIT financial estimates
Financial estimateRevenue estimate
Valuation estimate
Medalist Diversified REIT leadership team
Management profileNumber of profiles
Profiles3 records
Medalist Diversified REIT subsidiaries and ownership
Company hierarchySubsidiaries1 record
Medalist Diversified REIT funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Medalist Diversified REIT M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Medalist Diversified REIT
What does Medalist Diversified REIT do?
Medalist Diversified REIT operates a publicly-traded Delaware Statutory Trust (DST) sponsor platform under the Medalist DST sub-brand through wholly-owned subsidiary MDRR Sponsor TRS, LLC. The company sells fractional interests in institutional-quality, single-tenant net-leased commercial properties to accredited investors for use in 1031 tax-deferred exchanges, with a $100,000 minimum investment, triple-net lease structure, monthly distributions from investment-grade tenants, and SEC-reported, FactRight-verified public-company governance.
Is Medalist Diversified REIT a public or private company?
Medalist Diversified REIT is a public company. It is classified as public and is currently operating.
When was Medalist Diversified REIT founded?
Medalist Diversified REIT was founded in 2018. It employs 1 to 10 people.
Where is Medalist Diversified REIT based?
Medalist Diversified REIT is headquartered in Richmond, United States, in the North America region.
How does Medalist Diversified REIT make money?
Three revenue lines are on record. DST Sponsor Platform Revenue is the primary driver. The others are property Disposition/Transaction Fees and DST Interest Sales (Subscription Fees).
Who are Medalist Diversified REIT's main competitors?
Direct peers on record are Alpine Income Property Trust, Modiv Inc., Strawberry Fields REIT and Capital Square Realty & Investments. Broad incumbents are W. P. Carey Inc., Broadstone Net Lease, Phillips Edison & Company, KBS Capital Advisors and BlueRock Residential Growth REIT (now private). Carter Exchange Holdings (Carter Validus) is listed as an emerging player.
Does Medalist Diversified REIT have an API?
No public API is recorded for Medalist Diversified REIT.
What industry is Medalist Diversified REIT in?
Medalist Diversified REIT's product category is Real Estate Investment Trust / DST Sponsor. Its primary akta.pro industry code is FSAAAKAD, REITs & Listed Real Estate Securities. Its NAICS code is 525 and its SIC code is 6798.