Core Viewpoint - MacKenzie Realty Capital, Inc. has acquired over 6% of its outstanding shares, indicating confidence in the company's value exceeding its market price despite economic challenges [1][2]. Company Developments - The company successfully refinanced its Hollywood multifamily property and an office property in Napa, CA, and received the first certificate of occupancy for its multifamily development, Aurora at Green Valley [2]. - On August 21, 2025, MacKenzie received confirmation from Nasdaq that it is back in compliance with the $1.00 minimum bid price requirement for continued listing [2]. Company Profile - MacKenzie Realty Capital, Inc. is a West Coast-focused REIT, founded in 2013, aiming to invest at least 80% of its total assets in real property, with a portfolio consisting of approximately 50% multifamily and 50% boutique class A office properties [3]. - The current portfolio includes interests in 4 multifamily properties, 8 office properties, and 2 multifamily developments [3].
MacKenzie Realty Capital Announces Acquisition of Shares of the Company by its Adviser, CEO, and Affiliates Resulting in Ownership of Over 6% of the Outstanding Shares of the Company