Nareit Welcomes New Member

Nareit is pleased to welcome a new corporate member.

Medalist Diversified REIT, Inc. was formed to acquire, reposition, renovate, lease and manage income-producing properties, with a primary focus on (i) commercial properties, including flex-industrial, and retail properties, (ii) multi-family residential properties and (iii) hotel properties. We invest primarily in properties across secondary and tertiary markets in the southeastern part of the United States, with a concentration in Virginia, North Carolina, South Carolina, Georgia, Florida and Alabama. We are externally managed and advised by Medalist Fund Manager, Inc., a Virginia corporation, or our Manager.