Medalist Diversified REIT, Inc. (NasdaqCM:MDRR) acquired Citibank Property from RMP 3535 N. Central Ave., LLC on March 28, 2024.

Medalist Diversified REIT, Inc. (NasdaqCM:MDRR) completed the acquisition of Citibank Property from RMP 3535 N. Central Ave., LLC for $2.3 million on March 28, 2024. The purchase price for the Citibank Property was $2,400,000 paid through the issuance of 417,391 Operating Partnership Units at a price of $5.75 per Operating Partnership Unit.