Medalist Diversified Announces Third DST Offering through DST Sponsor Platform: MDI Pilot Point Net Lease DST

All-cash offering features a Caliber Collision-leased property in the Dallas–Fort Worth MSA

November 5, 2026

RICHMOND, VA., November 4, 2026--Medalist Diversified, Inc. (NASDAQ: MDRR) (the “Company” or “Medalist”), a Virginia-based sponsor of Delaware Statutory Trusts , announced MDI Pilot Point Net Lease DST (the “Offering”), the third offering under its DST platform. MDI Pilot Point Net Lease DST follows MDRR XXV DST 1, the platform's inaugural offering, and MDI Overland Park Net Lease DST. The DST sponsor, MDI Sponsor, LLC, is a wholly owned subsidiary of Medalist Diversified Holdings, LP, the Company’s operating partnership.

The Offering provides the opportunity to acquire a beneficial interest in a15,104-square-foot collision repair facility on a 1.65-acre site at 8600 US-377 in Pilot Point, Texas, which was acquired by the DST on September 17, 2026. Originally constructed in 2007 and renovated in 2025, the property is leased to Caliber Bodyworks of Texas LLC under an absolute triple-net lease. The lease is guaranteed by Caliber Collision. Its initial term expires May 31, 2039, with two five-year tenant renewal options.

Offering highlights include:

• All-cash ownership structure. The DST acquired the property without debt financing, and investors will not be allocated replacement mortgage debt attributable to their DST interests for purposes of a Section 1031 exchange.
• Long-term lease. The property is subject to an absolute triple-net lease with current annual base rent of $321,425 and contractual 10% rent increases every five years. The next scheduled increase is June 1, 2029.
• Specified offering size. The maximum offering amount is $6,242,410, with a stated minimum purchase of $100,000 (subject to the trust’s discretion to waive the minimum).
• Public-company platform. Medalist, as parent company of the Sponsor, is a Nasdaq-listed company that files periodic reports with the U.S. Securities and Exchange Commission.
• Potential future transaction option. The DST’s trust agreement provides for a fair-market-value option that, if exercised by the option holder, may result in an exchange intended to qualify under Section 721 of the Internal Revenue Code or an election to receive cash, subject to the option’s terms, fees and risks. Exercise is not assured and may not occur.

Realta Equities Inc. serves as the managing broker-dealer for the Offering, which is being made on a best-efforts basis under Rule 506(c) of Regulation D solely to accredited investors whose status must be verified. The DST interests are offered through participating broker-dealers.

Pilot Point extends our DST platform with a single-tenant property and an all-cash acquisition structure,” said Peter Elwell, a Managing Director at Medalist. “Our focus is on making the lease, transaction structure and underlying risks clear so advisors can assess the offering for their clients.”

“Clear communication matters well beyond the initial investment decision,” said Ron Nielsen, Executive Vice President of Sponsor Operations at Medalist. “We aim to provide investors and their advisors with useful information about the property and trust throughout the investment.”

Financial professionals may request approved offering materials through https://medalistdst.com/contact-mdrr.

About Medalist Diversified, Inc.

Medalist Diversified, Inc. (NASDAQ: MDRR) is a publicly traded real estate company whose primary business focus includes the sponsorship of Delaware statutory trust programs through MDI Sponsor, LLC, a subsidiary of its operating partnership. For additional information, visit https://medalistdst.com/contact-mdrr.

Important Disclosures

This press release is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any security. Any offer may be made only through the Confidential Private Placement Memorandum and related subscription documents, which contain material information regarding fees, expenses, conflicts of interest and investment risks. The Offering is available only to eligible accredited investors, whose status must be verified under Rule 506(c). Interests are unregistered, speculative, illiquid and subject to a high degree of risk, including loss of the entire investment. The trust owns a single property and relies on rent from one tenant; tenant default, property and market conditions, and sponsor-related conflicts can adversely affect returns. No distributions, investment objective, holding period, disposition, Section 721 exchange or Section 1031 treatment is guaranteed. Investors should consult their independent tax, legal and financial advisors and read the PPM in full before investing. Securities are offered through Realta Equities Inc., member FINRA.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company’s DST sponsor platform and potential future transactions. Forward-looking statements are subject to known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially from those expressed or implied, including, without limitation, market conditions, tenant credit and performance, availability of acquisition opportunities, interest rates, regulatory developments, and investor demand. Medalist undertakes no obligation to update forward-looking statements. Investors should review the risks discussed in the Company’s most recent Annual Report on Form 10-K and any subsequent Quarterly Reports on Form 10-Q.