MacKenzie Realty Capital Announces Strategic Review of Multi-family Portfolio

Core Viewpoint - MacKenzie Realty Capital, Inc. has initiated a strategic review of its multi-family portfolio to enhance shareholder value, believing that the net asset value of this portfolio significantly exceeds its current market capitalization [1][2]. Company Overview - MacKenzie Realty Capital, Inc. is a West Coast-focused Real Estate Investment Trust (REIT) founded in 2013, aiming to invest at least 80% of its total assets in real property and up to 20% in illiquid real estate securities [2]. - The company's real property portfolio is intended to be approximately 50% multifamily and 50% boutique class A office, currently comprising interests in 5 multifamily properties, 8 office properties, and 1 multifamily development [2].