Medalist Diversified posted GAAP net income attributable to common shareholders of $8.55 million for the six months ended June 30, 2026.
GAAP revenue totaled $3.97 million, including $3.5 million from investment properties and $465,792 from its DST sponsorship program.
Operating income was $11.9 million, reflecting a $12.79 million gain on investment property disposals.
Pro forma results assuming 2026 dispositions and the XXV DST 1 deconsolidation from Jan. 1 show net income attributable to common shareholders of $509,304.
Cash and cash equivalents would have risen to $17.52 million on a pro forma June 30 balance sheet after the Ashley Plaza and Brookfield sales.
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