secwatch.observer — SEC 8-K summary
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Issuer:     MacKenzie Realty Capital, Inc. (MKZR)
CIK:        0001550913
Form:       8-K/A
Filed at:   2024-11-22T23:59:59+00:00
Accession:  0001550913-24-000045
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MacKenzie Realty Capital Q1 net loss widens to $8.1M; revenue up 39% to $5.0M
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- Net loss of $8.1M ($0.61 EPS) compared to $4.6M loss ($0.35 EPS) in prior year.
- Net revenues $5.0M (+39% YoY); gross profit $3.0M (+41% YoY).
- Regular quarterly dividend maintained at $0.125 per share.
- Same-store office portfolio 95% occupied (vs 92% prior year); multifamily 92% (vs 93%).
- Acquired Green Valley Medical Center; uplisted to Nasdaq; appointed Kjerstin Hatch to board.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1550913/000155091324000045/0001550913-24-000045-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1550913/000155091324000045/mrc8ka112224.htm
  HTML page:      https://secwatch.observer/filing/0001550913-24-000045

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