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Market cap of Medalist Diversified REIT Inc [MDRR] reaches 23 52M – now what?
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Market cap of Medalist Diversified REIT Inc [MDRR] reaches 26 22M – now what?
dbtnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dbtnews.com Daily Mail and Mail on Sunday newspapers.
Brandon Evans June 19, 2020
Medalist Diversified REIT Inc. [NASDAQ: MDRR] gained 9.87% on the last trading session, reaching $1.67 price per share at the time. The company report on June 7, 2021 that Medalist Diversified REIT Announces the Execution of a Sales Contract for the Hampton Inn in Greensboro, North Carolina.
Medalist Diversified REIT, Inc. (NASDAQ: MDRR) (the “Company” or “Medalist”), is a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate in the Southeast region of the U.S.
On June 2, 2021, Medalist Diversified Holdings, L.P., the operating partnership of Medalist Diversified REIT, Inc., entered into an agreement to sell the Company’s Hampton Inn Property located in Greensboro, North Carolina to an unaffiliated purchaser. The prospective purchaser has a 30 day due diligence period which, at its election, can be extended an additional 15 days. Upon satisfactory completion of the due
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You don’t often find me staying at a Hampton Inn-property, although 42% of Hilton affiliated hotels (number wise) were them as of January 2020 (when we last did the count – read more here).
I have now stayed at two Hampton Inn properties in Mexico over the past two months, and they have performed exceptionally well. However, you don’t see Hilton promoting Hampton Inns’ “
100% Hampton Guarantee” as much as they used to.
You can access Hampton Inn here and here.
It is listed on Hilton’s page (read more here) about Hampton:
There is also another Hampton Inn-page (we got this address from Hilton) where is more prominently displayed: