Mackenzie Realty SEC Filings

MacKenzie Realty Capital, Inc. filed a current report describing communications with its preferred stockholders and recent dividend action. Around January 15, 2026, the company plans to mail letters to holders of its Series A, Series B and Series C preferred shares, with the full text of these letters provided as attached exhibits.

The Board of Directors has approved regular dividends for the quarter ending March 31, 2026 for all three preferred series. The information related to these communications is furnished under Regulation FD and is not treated as filed for liability purposes. The company also notes that any statements about matters such as the timing of dividend payments are forward-looking and subject to risks described in its prior SEC reports.

MacKenzie Realty Capital, Inc. entered into an amendment to its Equity Distribution Agreement with Maxim Group LLC for its at-the-market offering program. Under this program, the company may sell up to $20,000,000 of common stock from time to time under its effective shelf registration statement on Form S-3. The amendment updates the termination provisions so the agreement now ends upon the earlier of completion of all covered share sales, termination by either party on 15 days’ written notice, or July 15, 2027. The report also clarifies that it does not itself constitute an offer to sell or a solicitation to buy the common shares.

MacKenzie Realty Capital, Inc. created a new wholly owned subsidiary, MacKenzie Apartment Communities, Inc. (MAC), and contributed all of its multi-family properties and a development project to MAC in exchange for 1,852,481 MAC shares, matching MKZR’s outstanding shares on a 1:1 basis. The MAC Board approved an estimated net asset value of $18.10 per MAC common share on a fully diluted basis as of January 1, 2026, using a net asset value method based on third-party appraisals and internal estimates.

The real estate appraisal firm primarily used discounted cash flow and market approaches to value four properties as of March 31, 2025, while the newly constructed Aurora at Green Valley property was valued using total construction cost of $28.63 million, including MKZR’s $1.6 million land purchase. The filing stresses that the $18.10 per share estimate is not a trading price, liquidation value, or offer, and may differ significantly from future market values or transaction prices.

MacKenzie Realty Capital, Inc. reported that it has begun a strategic review of its multi-family real estate portfolio with the stated goal of enhancing shareholder value. The company announced this review through a press release dated December 12, 2025, which is furnished as an exhibit and not deemed filed for liability purposes under securities laws. The communication includes standard cautionary language that forward-looking statements, including expectations about financial health and future growth prospects, are subject to risks discussed in the company’s periodic SEC reports.

MacKenzie Realty Capital, Inc. (MKZR) CEO and President Robert Dixon reported open-market purchases of the company’s common stock. On 11/21/2025, he bought 1,862 shares at a price of $4.00 per share, and on 11/24/2025, he bought another 2,084 shares at $4.05 per share. Following these transactions, he directly owns 36,241 shares of MacKenzie Realty Capital common stock.

The filing also lists indirect holdings of 86,855 shares through MacKenzie Real Estate Advisers, LP and 5,569 shares through MPF Successors, LP. The reporting person could be deemed to beneficially own those indirect shares but expressly disclaims beneficial ownership beyond his economic interest in those entities.

MacKenzie Realty Capital, Inc. (MKZR) filed a current report to announce that it has released financial results for the quarter ended September 30, 2025. The results themselves are provided in a separate press release that is attached as an exhibit and incorporated by reference for informational purposes.

The company is using a Regulation FD disclosure, which means it is sharing this information publicly to ensure all investors have equal access. The press release is furnished rather than filed, so it is not automatically subject to certain liability provisions and is not automatically incorporated into other securities law filings unless specifically referenced. The report also includes standard cautionary language about forward-looking statements, noting that future performance may differ from current expectations and directing readers to the company’s risk factor disclosures in its annual and quarterly reports.

MacKenzie Realty Capital, Inc. reported the results of its 2025 annual stockholder meeting, where four directors were elected to serve until the 2026 annual meeting and until their successors are duly elected and qualify. Director nominees Thomas Frame, Timothy Dozois, Chip Patterson, and Kjerstin Hatch each received more than 791,000 votes in favor, with no broker non-votes. A quorum was reached, with 860,621 shares present, representing 48.64% of shares outstanding and eligible to vote, and over 83% of shares present voted for all four directors. Stockholders also ratified Baker Tilly, LLP as independent registered public accounting firm for the fiscal year ended June 30, 2026, with 801,033 votes for, 45,309 against, and 14,279 abstentions, and no broker non-votes.

MacKenzie Realty Capital (MKZR) filed its quarterly report for the three months ended September 30, 2025. Rental and related income was $4,539,062, down from $4,952,229 a year ago. Operating loss was $3,487,885. Net loss was $3,046,894, and loss attributable to common stockholders was $4,085,632, or $2.20 per share, adjusted for the 1‑for‑10 reverse stock split effective August 4, 2025.

Total assets were $241,693,594 and total liabilities were $151,009,272, leaving total equity of $90,684,322. Cash and cash equivalents were $4,853,998. Mortgage notes payable, net, were $126,907,758, and line of credit and notes payable, net, were $12,986,003. Shares outstanding were 1,772,024 as of quarter‑end, and 1,852,481 as of November 14, 2025.

The company recorded no impairment this quarter, compared with $4,406,249 in the prior‑year period. Financing cash flows provided $7,399,858, including new borrowings and issuances of preferred and common stock. Future minimum rental income under non‑cancelable operating leases totaled $42,227,454.

MacKenzie Realty Capital (MKZR) reported two updates. First, the company will mail letters to its Series A, B, and C preferred stockholders on October 15, 2025, with the letters furnished as Exhibits 99.1, 99.2, and 99.3. Second, the Board approved the regular dividends for the quarter ending December 31, 2025 for the Series A, Series B, and Series C Preferred shares. The communication was furnished under Regulation FD and includes forward‑looking statements.