Here are the 8-K filings from MacKenzie Realty Capital, Inc. (MKZR) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
An 8-K covers material events a company has to report between its quarterly reports, so if you follow MKZR and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full MKZR filings page.
MacKenzie Realty Capital, Inc. (MKZR) suspended its Dividend Reinvestment Program (DRIP) for the current preferred-dividend cycle. The dividend payable to holders of record as of September 30, 2026 will be paid entirely in cash, including to holders who elected reinvestment. The company also temporarily suspended its preferred-share repurchase program to better respond to strategic alternatives that may be brought by financial advisor Maxim Group LLC. It said common stock issued in exchange for preferred shares had resulted in additional selling pressure that the Board believed would make negotiating a potential strategic transaction more difficult.
For the quarter ending December 31, 2026, the Board approved monthly dividend rates of $0.125 for Series A, $0.0625 for Series B, and $0.1875 for Series C preferred shares. Payments will be made during January 2027 to holders of record as of October 31, 2026, November 30, 2026, and December 31, 2026. MKZR intends to resume DRIP participation for currently enrolled holders in the next regular dividend cycle after the SEC qualifies the amended Offering Circular.
MacKenzie Realty Capital, Inc. (MKZR) reported results for the fiscal year ended June 30, 2026: net revenues were $20.01 million, down 9% from $22.06 million in FY2025. Net operating loss was $15.61 million, a 33% decrease from $23.46 million, and net loss was $14.13 million, a 41% decrease from $23.97 million. CEO and President Robert Dixon attributed the revenue decline primarily to approximately $3.0 million of lease termination income recognized in FY2025.
The board temporarily suspended the Preferred Share Repurchase Program while reviewing strategic alternatives brought by financial advisor Maxim Group LLC. The company said issuing common stock in exchange for preferred shares has resulted in additional selling pressure on its common stock, which the board believes would make negotiations of a potential strategic transaction more difficult. The board expects to reassess the program in due course; the company said it cannot assure that a strategic transaction will result. The release cites reverse takeovers as an example of a strategic transaction.
MacKenzie Realty Capital, Inc. reports on a tender offer for shares of National Healthcare Properties, Inc. (NHP). The company is under contract to purchase over $1,000,000 in NHP shares at $7.27 per share, and increased the offer size from 150,000 to 300,000 shares. It has begun purchasing approximately 140,000 shares and plans to fund the transaction through an additional loan agreement with Streeterville Capital on terms similar to prior notes. With free-trading NHP shares having closed at $16.08 per share, management cites an unrealized gain of over $1,200,000 that could be realized when the NHP shares become freely tradeable in October, assuming the stock price remains at that level.
Operationally, Aurora at Green Valley, a recently completed multifamily development, is now 100% leased, with net operating income ahead of projections. In addition, wholly owned subsidiary MacKenzie Apartment Communities, Inc. declared and paid its first dividend to MacKenzie of $0.045 per share for the quarter ending June 30, 2026.
MacKenzie Realty Capital, Inc. has detailed quarterly dividends for its Series A, Series B and Series C preferred shares, all payable to holders of record as of June 30, 2026. The communication also describes dividend rates the board has approved for upcoming preferred share record dates through September 30, 2026, with payment in October 2026.
For Series A, investors accepted as of April 1 or earlier receive $0.375 per share (6% annualized), with $0.25 for May 1 acceptances and $0.125 for June 1; the board approved further Series A dividends of $0.125 per share per month for July 31, August 31 and September 30 record dates. Series B preferred shares carry a 12% preferred return on the $25 purchase price, split between cash dividends of $0.75 per share per year ($0.0625 per month) and accrued returns of $2.25 per year ($0.1875 per month). Series C preferred shares provide a 9% preferred return, or $2.25 per share per year, equating to $0.1875 per month, with similar July–September record dates and October payment timing.
MacKenzie Realty Capital reported much stronger results for the fiscal third quarter ended March 31, 2026. Net revenues rose to $5.4 million, up 27% from $4.3 million a year earlier. Net loss narrowed sharply to $1.0 million from $6.1 million.
The company moved back into positive cash-based performance measures, posting FFO of $308,040 versus negative $3.2 million and AFFO of $537,514 versus negative $2.3 million. Aurora at Green Valley is now stabilized and over 90% leased, and a CNL Healthcare investment generated a $521,718 profit, with related debt repaid.
MacKenzie Realty Capital reported a much stronger fiscal third quarter for the period ended March 31, 2026. Net revenues rose to $5.4 million, up 27% from $4.3 million a year earlier. Net operating loss narrowed to $2.5 million from $5.8 million, while net loss improved to $1.0 million from $6.1 million, an 84% reduction.
Funds from operations (FFO) turned positive at $308,040 versus a $3.2 million deficit, and adjusted FFO (AFFO) improved to $537,514 from negative $2.3 million, reflecting better cash-style performance. The Company also highlighted that its Aurora at Green Valley property is now stabilized and over 90% leased, and it realized a $521,718 profit on a CNL Healthcare Properties investment financed with a short-term Streeterville Capital loan that has been paid down.
MacKenzie Realty Capital, Inc. has confirmed regular dividends for its Series A, B and C preferred shares for the quarter ending June 30, 2026. The update explains current quarterly payments and sets monthly dividend rates for April, May and June, payable in July 2026.
Series A investors of record on March 31, 2026 receive up to $0.375 per share for the quarter, with lower amounts for later acceptance dates, and a newly approved $0.125 per share monthly dividend. Series B pays a 12% preferred return on the $25 purchase price, split between cash and accrued dividends, with $0.0625 per share in monthly cash dividends approved. Series C provides a 9% preferred return, or $0.1875 per share per month, with that monthly rate approved for April through June 2026.
MacKenzie Realty Capital, Inc. entered into a Note Purchase Agreement with Streeterville Capital for secured promissory notes with an aggregate principal amount of up to $1,095,000, receiving initial cash funding of $1,000,000 after original issue discount and expenses.
The Secured Note is backed by a first-position security interest over assets of subsidiary MRC QRS, Inc. and a stock pledge of MRC QRS common stock, with MRC QRS also providing a guaranty of the obligations. The note features a one-time Monitoring Fee if still outstanding after 90 days and escalating payment obligations starting at monthly interest-only payments and later $91,250 plus interest.
Trigger Events and Events of Default can increase the outstanding balance by up to 15% for Major Trigger Events and 5% for Minor Trigger Events (each capped at three applications), and may accelerate the debt with default interest up to 22% per annum. The company used the loan to purchase approximately $1,000,000 of CNL Healthcare Properties, Inc. shares at $4.55 per share, which management highlights as attractive given expected merger consideration of about $6.90 per share.
MacKenzie Realty Capital, Inc. entered into a new secured promissory note for $1,635,000 with Streeterville Capital, LLC under an existing Note Purchase Agreement that allows up to $3,270,000 of notes. This new instrument, called Secured Note #3, follows an earlier $545,000 secured note issued on August 1, 2025, and together the two notes are considered material to the company.
Both Secured Note #2 and Secured Note #3 mature 18 months after the Investor delivers the respective purchase price and carry original issue discounts of $45,000 and $135,000, respectively. The company used the proceeds from these notes to purchase non-traded REIT securities through a tender offer, effectively financing this investment activity with secured debt.
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) 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) 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.
MacKenzie Realty Capital (MKZR) reported that on October 13, 2025, it mailed a tender offer to purchase shares of Starwood Real Estate Income Trust, Inc. The company furnished this update under Item 7.01 (Regulation FD) and attached a related press release as Exhibit 99.1.
The information was furnished, not filed, and is not incorporated by reference unless expressly stated. This notice provides context for investors tracking MacKenzie Realty Capital’s investment activities and communications.
MacKenzie Realty Capital, Inc. filed a current report to share that it announced financial results for the fiscal year ended June 30, 2025, through a press release dated September 30, 2025. The press release is provided as an exhibit and is treated as furnished rather than filed under securities laws.
The company explains that the release contains summary information and should be read together with its other SEC filings and public announcements. It also includes customary cautionary language about forward-looking statements related to its financial health and expected growth, directing readers to risk factors in its annual and quarterly reports.