Medalist Diversified Secures $13.8 Million Construction Loan for Savannah Townhomes
Medalist Diversified secured a $13.8 million construction loan for its Savannah townhome project, with an 11.5% interest rate, maturing in 2027. The loan includes $5.05 million in initial funding and $8.75 million in reserves. The company also provided guaranties and an environmental indemnity to support the financing, with a joint venture committing $4.0 million in preferred equity.
How this was made

The 30-second read
Why it matters
The disclosed loan and guaranty structure are the first public details of this financing, providing new information for investors.
Market read
Primary disclosure of a new financing package for a micro‑cap developer; limited broader market impact.
What to watch
High interest rate (≥11.5%) may strain profitability if project costs rise.
Background
Medalist Diversified is a micro‑cap real‑estate developer focusing on multifamily townhomes.
Ticker impact
Medalist Diversified announced a $13.8 million construction loan and related guaranties for its Savannah townhome project.
likely modest pressure as the market prices in the added debt and interest cost
The financing is material for the micro‑cap issuer but the amount is relatively small, so price movement is expected to be limited.
Market effects
Adds a modest financing example for small‑cap multifamily developers.
Limited to the Savannah, GA real‑estate market.
None
Counterpoint
The loan could improve cash flow and enable project completion, potentially supporting upside.
Key entities
- companyMedalist Diversified
Issuer of the construction loan.
- counterpartyGLP 2505
Lender providing the construction loan.
