SEC Form 253G2 filed by MacKenzie Realty Capital Inc.
$MKZR
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ORINDA, Calif., July 09, 2025 (GLOBE NEWSWIRE) -- MacKenzie Realty Capital, Inc. (NASDAQ:MKZR) ("MacKenzie" or the "Company") today announced that its Board of Directors has approved a 1-for-10 reverse stock split. The reverse stock split was approved by MacKenzie's Board on July 3, 2025, and is intended to increase the per share trading price of the Company's common stock to enable the Company to satisfy the minimum bid price requirement for continued listing on the Nasdaq Capital Market. The 1-for-10 reverse stock split would automatically convert ten current shares of MacKenzie's common stock into one new share of common stock. No fractional shares (less than one whole share) would be
ORINDA, Calif., June 13, 2025 (GLOBE NEWSWIRE) -- MacKenzie Realty Capital, Inc. (NASDAQ:MKZR) ("MacKenzie" or the "Company") today announced the closing of a $3 million loan agreement with an institutional investor for the purchase of non-traded REIT shares. Robert Dixon, CEO and President of MacKenzie Realty Capital, said, "Purchasing non-traded REIT shares has been a business strategy that we have utilized for many years which is profitable, strengthens our balance sheet, and increases our cash flow. In 2024 an affiliate of the Company offered to purchase up to 700,000 Class S Shares of Starwood REIT for $17.50 per share. That deal represented an approximate 24% discount to Starwood's
ORINDA, Calif., June 11, 2025 (GLOBE NEWSWIRE) -- MacKenzie Realty Capital, Inc. (NASDAQ:MKZR) ("MacKenzie" or the "Company") is pleased to announce the successful refinancing of the Main Street West property in Napa, CA. The refinancing was completed with EverTrust Bank for approximately $9.5 million, a term for 3 years with a current interest rate of 7.5% (Prime). The Main Street West property is 40,000 square feet with retail and professional suites located at 1250 Main Street in downtown Napa. Robert Dixon, CEO and President of MacKenzie Realty Capital, said, "Despite many challenges in the current commercial real estate financing market, we continue to see lender appetite for well-
4 - MacKenzie Realty Capital, Inc. (0001550913) (Issuer)
4 - MacKenzie Realty Capital, Inc. (0001550913) (Issuer)
4 - MacKenzie Realty Capital, Inc. (0001550913) (Issuer)
8-K - MacKenzie Realty Capital, Inc. (0001550913) (Filer)
8-K - MacKenzie Realty Capital, Inc. (0001550913) (Filer)
QUALIF - MacKenzie Realty Capital, Inc. (0001550913) (Filer)
4 - MacKenzie Realty Capital, Inc. (0001550913) (Issuer)
4/A - MacKenzie Realty Capital, Inc. (0001550913) (Issuer)
4 - MacKenzie Realty Capital, Inc. (0001550913) (Issuer)
ORINDA, Calif., July 09, 2025 (GLOBE NEWSWIRE) -- MacKenzie Realty Capital, Inc. (NASDAQ:MKZR) ("MacKenzie" or the "Company") today announced that its Board of Directors has approved a 1-for-10 reverse stock split. The reverse stock split was approved by MacKenzie's Board on July 3, 2025, and is intended to increase the per share trading price of the Company's common stock to enable the Company to satisfy the minimum bid price requirement for continued listing on the Nasdaq Capital Market. The 1-for-10 reverse stock split would automatically convert ten current shares of MacKenzie's common stock into one new share of common stock. No fractional shares (less than one whole share) would be
ORINDA, Calif., June 13, 2025 (GLOBE NEWSWIRE) -- MacKenzie Realty Capital, Inc. (NASDAQ:MKZR) ("MacKenzie" or the "Company") today announced the closing of a $3 million loan agreement with an institutional investor for the purchase of non-traded REIT shares. Robert Dixon, CEO and President of MacKenzie Realty Capital, said, "Purchasing non-traded REIT shares has been a business strategy that we have utilized for many years which is profitable, strengthens our balance sheet, and increases our cash flow. In 2024 an affiliate of the Company offered to purchase up to 700,000 Class S Shares of Starwood REIT for $17.50 per share. That deal represented an approximate 24% discount to Starwood's
ORINDA, Calif., June 11, 2025 (GLOBE NEWSWIRE) -- MacKenzie Realty Capital, Inc. (NASDAQ:MKZR) ("MacKenzie" or the "Company") is pleased to announce the successful refinancing of the Main Street West property in Napa, CA. The refinancing was completed with EverTrust Bank for approximately $9.5 million, a term for 3 years with a current interest rate of 7.5% (Prime). The Main Street West property is 40,000 square feet with retail and professional suites located at 1250 Main Street in downtown Napa. Robert Dixon, CEO and President of MacKenzie Realty Capital, said, "Despite many challenges in the current commercial real estate financing market, we continue to see lender appetite for well-