Medalist Diversified, Inc. · NASDAQ:MDRR
Medalist Diversified — Medalist Diversified REIT — IPO Roadshow (April 2021)
20 slides from Medalist Diversified's IPO roadshow presentation, Apr 5, 2021
Slide 1: Investor Presentation Common Stock Offering April 2021
Investor Presentation Common Stock Offering April 2021 This free writing prospectus relates to the proposed public offering of shares of common stock, par value $0.01 per share (“Common Stock”) of Medalist Diversified REIT, Inc. (“MDR” or the “Company”) that is being registered on a Registration Sta
Slide 2: Disclaimers
Disclaimers No Offer or Solicitation of Offer . This presentation is for informational purposes only . This presentation does not constitute an offer to sell or a solicitation of an offer to buy any securities of Medalist Diversified REIT, Inc . (“MDR” or the “Company”), which offer or solicitation
Slide 3: Offering Summary
Offering Summary Issuer: Medalist Diversified REIT, Inc. Proposed Tickers / Exchange: MDRR / Nasdaq Capital Market Offering Type: Follow - on Offering Securities Issued: Common Stock Anticipated Gross Offering Proceeds: Up to $20,000,000 Over - allotment option: 15% Anticipated Use of Proceeds: Inte
Slide 4: Investment Highlights
Investment Highlights • Management with 50+ years of combined experience in commercial real estate and Capital Markets • MDR’s management team has purchased and managed properties with a total asset value of approximately $200 million Experienced Management Team • Medalist Fund Manager, Inc., our ma
Slide 5: Experienced Team Management
Experienced Team Management Thomas Messier Director Chairman & CEO William Elliott Director Vice Chairman & President Brent Winn Chief Financial Officer ▪ 30+ years of experience in fixed income capital markets and CRE ▪ Extensive experience in real estate acquisition, financing, asset management, a
Slide 6: About Medalist Our Property Managers
About Medalist Our Property Managers ▪ Medalist Fund Manager Inc. (“Medalist”) manages Medalist Diversified REIT that invests in value - add commercial real estate located in the Southeast ▪ Medalist Properties was founded in 2002 as a private equity firm by Bill Elliott. Tim Messier joined the firm
Slide 7: Medalist Diversified REIT Objectives: Cash Flow and Appreciation
Medalist Diversified REIT Objectives: Cash Flow and Appreciation Proprietary Investment Sourcing Rigorous Due Diligence Appropriate Exit Strategy Hands - On Portfolio Management Disciplined Pricing and Leverage Focus on Value - Add Properties ▪ Medalist believes that its focus on value - add and opp
Slide 8: MDR's Investment Criteria
MDR’s Investment Criteria HEADQUARTERS MDR TARGET MARKETS Target Investment Criteria ▪ Average target property value between $5MM - $30MM ▪ Focus on VA, NC, SC, GA, FL and AL ▪ Target asset types include – Industrial/Flex, Multifamily, Retail, and Hospitality ▪ Value - add investment opportunities (
Slide 9: Acquisition Stage Acquisition Procedures
1) DEAL NOTIFICATION 2) INITIAL ANALYSIS 3) DESKTOP UNDERWRITING 4) PROPERTY SITE VISIT 5) INVESTMENT COMMITTEE 6) FINAL DUE DILIGENCE 7) CLOSE Acquisition Stage Acquisition Procedures 1) Identify deal through proprietary relationships, brokers, and other proven sources 2) Does property meet REIT cr
Slide 10: Medalist Diversified REIT Inc. REIT Information
Medalist Diversified REIT Inc. ▪ Approximately $45mm in equity raised from high net worth, small institutions and retail investors ▪ Currently invested in 368,000 square feet of retail, 66,000 square feet of flex/industrial and two hotels with a total of 273 rooms - purchased to date REIT Informatio
Slide 11: Publicly-Traded REIT Benefits
Provides Market Access to Ownership of Portfolio Asset Transparency ▪ Public SEC filer ▪ Corporate governance, required to comply with Sarbanes - Oxley Act and Nasdaq Capital Market requirements Liquidity ▪ Ability to buy/sell MDR stock on the Nasdaq Capital Market ▪ MDR stock is listed under the sy
Slide 12: Asset Overview: MDR's Prospective and Current Properties
Asset Overview: MDR’s Prospective and Current Properties
Slide 13: Franklin Square
▪ MDR’s first acquisition, Franklin Square is a 134,299 square foot shopping center located in Gastonia, North Carolina, which is in the Charlotte, North Carolina MSA ▪ Current tenants include, Ashley Furniture, Sprint PCS, T - Mobile, 6 other national tenants and 3 local tenants Property Summary Pr
Slide 14: Hampton Inn – Airport
▪ The Greensboro Hampton Inn is a 125 - key hotel strategically located 10 minutes from the Piedmont Triad International Airport that serves The Triangle, encompassing Greensboro, Winston Salem, and High Point, North Carolina ▪ It is also adjacent to several international office parks. This property
Slide 15: Hanover Square North
▪ The shops at Hanover Square North is a 73,440 SF retail center located in Mechanicsville, Virginia, which is located within Hanover County, a growth market in the MSA of Richmond, Virginia ▪ Currently occupied by national tenants including Marshalls, Old Navy, Buffalo Wild Wings and the Armed Forc
Slide 16: Ashley Plaza
▪ Ashley Plaza is a 160,356 square foot retail center located in Goldsboro, North Carolina, less than an hour from Raleigh, North Carolina, one of the largest cities in the state. It is an attractive shopping center and is situated in the area’s main retail corridor ▪ It is currently occupancy rate
Slide 17: Clemson Best Western Hotel
▪ The Clemson Best Western Hotel is a 148 - room hotel located in Clemson, South Carolina, less than a mile from Clemson University. The hotel also includes a restaurant, bar and conference facility. The property was fully renovated in 2017 ▪ Clemson University has over 24,000 students and over 5,00
Slide 18: Brookfield Center
▪ Brookfield Center is a 66,000 square foot flex/industrial property located in Greenville, South Carolina. Greenville is one of America’s emerging destinations and fastest growing cities. It is located off I - 85 between Charlotte, North Carolina and Atlanta, Georgia. ▪ The property is occupied by
Slide 19: Lancer Center Pending Acquisition
13 ▪ MDR is under contract to purchase Lancer Center, located in Lancaster, SC ▪ Lancer Center is a 178,626 SF regional grocery - anchored center ▪ Current tenants include KJ’s Market, Badcock Furniture, Big Lots!, and Harbor Freight Tools Property Summary Property Name Lancaster Center Location Lan
Slide 20: Investment Highlights
Experienced Management Team Strategy of Opportunistic Investing Market Opportunity Investment Highlights 20
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