MacKenzie Realty (MKZR) investor discloses 7.69% beneficial stake in 213,265 shares

Rhea-AI Filing Summary

Robert E. Dixon filed Amendment No. 3 to a Schedule 13D reporting beneficial ownership of 213,265 shares of MacKenzie Realty Capital, Inc. common stock, representing 7.69% of the 2,774,688 shares outstanding as of August 4, 2026.

He holds 54,241 shares (1.95%) with sole voting and dispositive power and may be deemed to share voting and investment power over an additional 159,024 shares held through MPF Successors, LP, MacKenzie Real Estate Advisers, LP, and Berniece Patterson Legacy Trust. Berniece Patterson Legacy Trust used $87,774.79 to purchase its shares, and Dixon expressly disclaims beneficial ownership of the partnership and trust holdings beyond any pecuniary interest.

Key Figures

Beneficial ownership: 213,265 shares Ownership percentage: 7.69% Shares outstanding: 2,774,688 shares +4 more

7 metrics

Beneficial ownership 213,265 shares Total common shares beneficially owned by Robert E. Dixon

Ownership percentage 7.69% Percent of MacKenzie Realty common stock based on 2,774,688 shares outstanding as of August 4, 2026

Shares outstanding 2,774,688 shares MacKenzie Realty common shares outstanding as of August 4, 2026

Sole voting/dispositive power 54,241 shares Shares over which Dixon has sole voting and dispositive power (1.95% of issued and outstanding)

Shared voting/dispositive power 159,024 shares Shares held via MPF Successors, MREA, and BPLT over which Dixon may share voting and investment power

BPLT purchase funds $87,774.79 Total funds required by Berniece Patterson Legacy Trust to purchase its MacKenzie Realty shares

BPLT shares 66,600 shares MacKenzie Realty shares held by Berniece Patterson Legacy Trust included in shared beneficial ownership

Key Terms

beneficial ownership, dispositive power, Schedule 13D, pecuniary interest, +1 more

5 terms

beneficial ownership financial

"The Reporting Person's total beneficial ownership amounts to 213,265 shares of common stock"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

dispositive power financial

"The Reporting Person possesses the sole power to vote and dispose of 54,241 Shares"

Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.

Schedule 13D regulatory

"This Amendment No. 3 (Amendment) amends and supplements the statement on filed on August 21, 2025"

A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.

pecuniary interest financial

"in which the reporting person has a pecuniary interest and as to which the reporting person may be deemed"

Section 13(d) of the Act regulatory

"for purposes of Section 13(d) of the Act, or for any other purpose, and such beneficial ownership"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/04/2026 - 05:21 PM Accepted by SEC EDGAR 08/04/2026 - 05:21 PM Learn about SEC filing dates

FAQ

What percentage of MacKenzie Realty Capital (MKZR) shares does Robert E. Dixon report owning?

Robert E. Dixon reports beneficial ownership of 7.69% of MacKenzie Realty Capital’s common stock, based on 213,265 shares out of 2,774,688 outstanding shares as of August 4, 2026.

How many MacKenzie Realty Capital (MKZR) shares does Robert E. Dixon hold with sole voting power?

Robert E. Dixon holds 54,241 shares of MacKenzie Realty Capital common stock with sole voting and dispositive power, representing approximately 1.95% of the company’s issued and outstanding common shares.

Which entities contribute to Robert E. Dixon’s shared beneficial ownership in MacKenzie Realty Capital (MKZR)?

Shared beneficial ownership involves 5,569 shares held by MPF Successors, LP, 86,855 shares held by MacKenzie Real Estate Advisers, LP, and 66,600 shares held by Berniece Patterson Legacy Trust.

What is the total number of MacKenzie Realty Capital (MKZR) shares outstanding used in this Schedule 13D/A?

The ownership calculations use 2,774,688 shares of MacKenzie Realty Capital common stock outstanding as of August 4, 2026, as the reference base for the reported percentages.

How much did Berniece Patterson Legacy Trust spend to acquire its MacKenzie Realty Capital (MKZR) shares?

Berniece Patterson Legacy Trust required $87,774.79 to purchase its MacKenzie Realty Capital shares, which form part of the shared beneficial ownership attributed to Robert E. Dixon.

Does Robert E. Dixon fully acknowledge beneficial ownership of all MacKenzie Realty Capital (MKZR) shares held by related entities?

No. While he may be deemed to share beneficial ownership of certain shares held by MPF Successors, MREA, and BPLT, Dixon expressly disclaims beneficial ownership of those shares for Section 13(d) and other purposes.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 3)

MacKenzie Realty Capital, Inc.

(Name of Issuer)

Common Stock, $0.0001 par value per share

(Title of Class of Securities)

55453W501

(CUSIP Number)

Chip Patterson
89 Davis Rd. Suite 100,
Orinda, CA, 94563
925-631-9100

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

07/31/2026

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

schemaVersion:

SCHEDULE 13D

CUSIP Number(s): 55453W501

1

Name of reporting person

DIXON ROBERT E

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

PF, WC, OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

CALIFORNIA

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 54,241.00
8	Shared Voting Power 159,024.00
9	Sole Dispositive Power 54,241.00
10	Shared Dispositive Power 159,024.00

11

Aggregate amount beneficially owned by each reporting person

213,265.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

7.7 %

14

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person:

(1) The number of shares reported as beneficially owned is as of August 4, 2026. The shares reported consists of (A) 54,241 shares owned directly by the reporting person, as well as (B) 5,569 shares owned by MPF Successors, LP ("MPF Successors") and 86,855 shares owned by MacKenzie Real Estate Advisers, LP ("MREA"), and 66,600 shares owned by Berniece Patterson Legacy Trust ("BPLT") in which the reporting person has a pecuniary interest and as to which the reporting person may be deemed to share voting power and investment power. (2) The percentage is calculated based on a total of 2,774,688 of the Issuer's shares of common stock outstanding as of August 4, 2026.

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Common Stock, $0.0001 par value per share
(b)	Name of Issuer: MacKenzie Realty Capital, Inc.
(c)	Address of Issuer's Principal Executive Offices: 89 DAVIS ROAD, STE. 100, ORINDA, CALIFORNIA , 94563.
Item 1 Comment: This Amendment No. 3 (Amendment) amends and supplements the statement on Schedule 13D filed on August 21, 2025, as amended (the Original Schedule 13D), relating to the shares of common stock, $0.0001 par value per share (the Shares) of MacKenzie Realty Capital, Inc. (the Issuer). Capitalized terms used but not otherwise defined herein have the meanings set forth in the Original Schedule 13D. Except as specifically provided herein, each Item of the Original Schedule 13D remains unchanged.
Item 3.	Source and Amount of Funds or Other Consideration
	The total amount of funds required by BPLT to purchase its shares was $87,774.79.
Item 5.	Interest in Securities of the Issuer
(a)	The Reporting Person's total beneficial ownership amounts to 213,265 shares of common stock, constituting approximately 7.69% of the outstanding shares of common stock of the Issuer based upon 2,774,688 shares of common stock of the Issuer outstanding as of August 4, 2026.
(b)	The Reporting Person possesses the sole power to vote and dispose of 54,241 Shares, which represent 1.95% of the issued and outstanding Shares. The Reporting Person may be deemed to share beneficial ownership of 5,569 shares of Common Stock owned by MPF Successors, 86,855 shares of Common Stock owned by MREA, and 66,600 shares of Common Stock owned by BPLT, as to which the Reporting Person may be deemed to share voting power and investment power as one of a number of partners. Although the Reporting Person may be deemed to have beneficial ownership of such shares of Common Stock, neither the filing of this Schedule 13D nor any of the contents hereof shall be deemed to constitute an admission by the Reporting Person that he is the beneficial owner of any of the shares of Common Stock owned by MPF Successors, MREA and BPLT for purposes of Section 13(d) of the Act, or for any other purpose, and such beneficial ownership is expressly disclaimed.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

DIXON ROBERT E

Signature:	/s/ Robert Dixon
Name/Title:	Robert Dixon, CEO/President
Date:	08/04/2026