other material
confidence high
sentiment positive
materiality 0.55
MacKenzie Realty signs LOI for 5.73-acre waterfront multifamily project in Suisun
MacKenzie Realty Capital, Inc.
- Nonbinding LOI to acquire 5.73-acre waterfront parcel adjacent to Solano Yacht Club.
- Plans to develop 81 apartment units and 7 townhomes (Westwind Residences) in Suisun City.
- Other Solano County projects: Aurora at Green Valley (74 units, ahead of schedule) and Blue Ridge at Suisun Valley (84 units, groundbreaking late 2025).
- Hillview Hollywood project 96% occupied; refinancing commitment cuts interest rate from 10% to 5.8%.