trending Market Intelligence /marketintelligence/en/news-insights/trending/ctujgbkxqvl0kawjfyt_hg2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Medalist Diversified sets price range for IPO

Gauging Supply Chain Risk In Volatile Times

The Commercial Real Estate CRE Sector Feels the Impact of the Coronavirus

Credit Analytics Case Study Poundworld Retail Ltd


IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help

Medalist Diversified sets price range for IPO

Medalist Diversified REIT Inc. plans to offer 700,000 shares of common stock in its IPO, at an expected price range of $9.00 to $11.00 per share.

The offering is expected to generate net proceeds of roughly $6.0 million at the midpoint of the range, and the proceeds will be funneled to the company's operating partnership in exchange for its units.

The proceeds will be used to purchase additional properties and investments and for working capital and general corporate purposes. If necessary, the funds will be used to pay acquisition fees to its external adviser Medalist Fund Manager Inc., legal and accounting expenses, asset management fees, and dividends.

Pending such uses, the proceeds will be invested in interest-bearing, short-term investment-grade securities; money-market accounts; or other investments in line with the objective to maintain real estate investment trust qualifications.

Medalist Diversified invests primarily in commercial properties and multifamily residential properties in secondary and tertiary markets in the southeastern U.S. The company expects to list on Nasdaq Capital Market under the symbol MDRR.

Maxim Group LLC is the sole book-running manager for the offering.