other material
confidence high
sentiment positive
materiality 0.60
MacKenzie completes $10M equity raise for Aurora at Green Valley; launches second development
MacKenzie Realty Capital, Inc.
- Completed $10M equity raise for Aurora at Green Valley, a 72-unit luxury apartment community in Fairfield, CA; first units due July 2025.
- Aurora is ahead of schedule and under budget.
- Launching second multi-family development "Blue Ridge at Suisun Valley" (84-unit luxury community) in fast-growing Solano County.
- Notes potential benefit from California Forever/Suisun City annexation; owns One Harbor Center with California Forever as tenant.
- Expects One Harbor Center to be fully occupied due to influx of builders, engineers and consultants.