Medalist Diversified Plans $11.1M Texas Expansion with Two Caliber Collision Centers, Backed by DST Financing

summarizeSummary

Medalist Diversified entered agreements to acquire two Caliber Collision properties in Texas for a combined $11.1 million, planning to finance them through DST offerings to accredited investors.

check_boxKey Events · M&A and Partnerships · MDRR

• Two Property Acquisitions

  Agreed to acquire a Caliber Collision center in Aubrey, TX for $5.49 million and another in Cleburne, TX for $5.65 million, totaling $11.14 million.

• DST Financing Strategy

  Plans to assign the purchase agreements to newly formed Delaware Statutory Trusts and raise capital by selling beneficial interests to accredited investors under Regulation D.

• Earnest Money Deposits

  Required to deposit $122,000 for the Denton property and $105,000 for the Johnson property within three business days, with additional deposits due after inspection periods.

• Closing Timeline

  Both acquisitions expected to close within 60 days, subject to customary conditions including due diligence and tenant estoppel certificates.

auto_awesomeAnalysis · MDRR · Real Estate & Construction

Medalist Diversified is expanding its portfolio with two single-tenant net-leased properties in Texas, both occupied by Caliber Collision. The combined purchase price of $11.1 million represents a significant capital deployment for a company with a market cap around $23 million. To fund the acquisitions, the company intends to use Delaware Statutory Trusts (DSTs), selling beneficial interests to accredited investors—a strategy that could provide non-dilutive capital but adds execution risk. This follows a series of aggressive moves including a new credit facility, a prior property acquisition, and a recent financial turnaround, signaling an active growth phase.