Recent Updates — MKZR

MacKenzie Realty Capital reported fiscal year 2026 results ending June 30, 2026, with net revenues of $20.01 million, a 9% decline from the prior year's $22.06 million. The company posted a net loss of $14.13 million, a 41% improvement compared to the $23.97 million loss in the previous period. Concurrently, the Board temporarily suspended its Preferred Share Repurchase Program to facilitate negotiations with financial advisor Maxim Group LLC regarding potential strategic alternatives, such as reverse takeovers. Management cited that issuing common stock for preferred shares created selling pressure that could hinder transaction discussions. MacKenzie Realty Capital operates as a West Coast-focused real estate investment trust investing in multifamily and office properties.

MacKenzie Realty Capital completed a tender offer to purchase over $1,000,000 in shares of National Healthcare Properties (NHP) at $7.27 per share, acquiring approximately 140,000 shares. The company intends to finance the transaction with additional debt from Streeterville Capital. MacKenzie's subsidiary, Mackenzie Apartment Communities, declared and paid its first dividend to MKZR of $0.045 per share for the quarter ending June 30, 2026. Additionally, the Aurora at Green Valley development is fully leased with NOI exceeding projections. MacKenzie Realty Capital operates as a West Coast-focused real estate investment trust investing in multifamily and office properties.

MacKenzie Realty Capital, Inc. announced that its Board of Directors approved regular dividends for the quarter ending September 30, 2026, for Series A, Series B, and Series C preferred shares. The company also intends to mail letters to its Series A, B, and C preferred stockholders on or about July 15, 2026. MacKenzie Realty Capital, Inc. is a real estate investment company.