secwatch.observer — SEC 8-K summary
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Issuer:     MacKenzie Realty Capital, Inc. (MKZR)
CIK:        0001550913
Form:       8-K
Filed at:   2025-02-24T23:59:59+00:00
Accession:  0001550913-25-000040
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MacKenzie Realty Capital launches tender offer for 150,000 Starwood shares at $15.30, 30% discount to NAV
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- Offer: up to 150,000 Starwood Class S shares at $15.30/share, 30% discount to $21.84 NAV (Nov 30, 2024).
- MacKenzie previously purchased Starwood shares at $17.50 in Aug 2024; those submitted for redemption.
- Starwood's redemption program oversubscribed: only ~4% of December requests fulfilled.
- Potential gross profit of $981,000 if NAV realized, on $2.295M investment.
- Offer details available at www.mackenziecapital.com/tenders/SREIT.pdf

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1550913/000155091325000040/0001550913-25-000040-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1550913/000155091325000040/mrc8k022425.htm
  HTML page:      https://secwatch.observer/filing/0001550913-25-000040

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer