---
schema_version: "secwatch.filing_event.v1"
accession: "0001550913-25-000032"
form_type: "8-K"
ticker: "MKZR"
cik: "0001550913"
company_name: "MacKenzie Realty Capital, Inc."
filed_at: "2025-01-28T23:59:59+00:00"
generated_at: "2026-05-27T08:20:39.269028+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# MacKenzie Realty enters $10M affiliate line of credit at 10% interest

## Summary
- Line of credit up to $10M from Patterson Real Estate Services, an affiliate of company's adviser.
- Interest rate 10% per annum; each draw incurs a 2% origination fee added to principal.
- Maturity date June 1, 2026; monthly interest-only payments starting March 1, 2025.
- Board, including independent directors, approved the related-party transaction.
- Default rate increases interest by 5% upon default; customary events of default.

## SEC filing metadata
- accession: 0001550913-25-000032
- form_type: 8-K
- ticker: MKZR
- cik: 0001550913
- company_name: MacKenzie Realty Capital, Inc.
- filed_at: 2025-01-28T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1550913/000155091325000032/0001550913-25-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1550913/000155091325000032/mrc8k012825.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001550913-25-000032
- JSON: https://secwatch.observer/filing/0001550913-25-000032.json
- Plain text: https://secwatch.observer/filing/0001550913-25-000032.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.