---
schema_version: "secwatch.filing_event.v1"
accession: "0001550913-25-000065"
form_type: "8-K"
ticker: "MKZR"
cik: "0001550913"
company_name: "MacKenzie Realty Capital, Inc."
filed_at: "2025-03-31T23:59:59+00:00"
generated_at: "2026-05-24T01:46:32.886169+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# MacKenzie Realty Capital enters forbearance on Napa property, refinances Hollywood loan at lower rate

## Summary
- Paid $5M forbearance payment, reducing Main Street West loan balance to ~$10.4M; interest reset to 8%.
- Lender agreed to forbear from foreclosure until September 30, 2025, subject to terms.
- Closed new $11.66M CMBS loan at 5.866% on Hollywood property, replacing $17M construction loan at 9.5%.
- Refinancing expected to increase annual property cashflow by over $900,000.
- Forbearance payment funded by proceeds from March 2025 registered direct offering of common stock and warrants.

## SEC filing metadata
- accession: 0001550913-25-000065
- form_type: 8-K
- ticker: MKZR
- cik: 0001550913
- company_name: MacKenzie Realty Capital, Inc.
- filed_at: 2025-03-31T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1550913/000155091325000065/0001550913-25-000065-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1550913/000155091325000065/mrc8k033125.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001550913-25-000065
- JSON: https://secwatch.observer/filing/0001550913-25-000065.json
- Plain text: https://secwatch.observer/filing/0001550913-25-000065.txt

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