{"schema_version":"secwatch.filing_event.v1","accession":"0001550913-26-000002","form_type":"8-K","ticker":"MKZR","cik":"0001550913","company_name":"MacKenzie Realty Capital, Inc.","filed_at":"2026-01-09T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.400950+00:00","generated_at":"2026-05-16T11:03:22.156275+00:00","sec_items":["8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"MKZR creates multi-family subsidiary MAC with $18.10/share NAV; spin-off, merger or capital raise possible","bullets":["Contributed all multi-family properties + development to wholly owned subsidiary MAC for 1,852,481 shares (1:1 with MKZR).","MAC Board approved estimated NAV of $18.10 per share as of Jan 1, 2026 (appraisal range $16.46-$19.95).","Portfolio includes 4 stabilized properties and Aurora at Green Valley (construction cost $28.63M).","CEO Dixon outlines options: raise multi-family capital, merge with another REIT, or spin-off MAC shares to MKZR holders.","MAC has a clean balance sheet and is focused on West Coast multi-family; 100% owned by MKZR."],"urls":{"canonical":"https://secwatch.observer/filing/0001550913-26-000002","json":"https://secwatch.observer/filing/0001550913-26-000002.json","markdown":"https://secwatch.observer/filing/0001550913-26-000002.md","text":"https://secwatch.observer/filing/0001550913-26-000002.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1550913/000155091326000002/0001550913-26-000002-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1550913/000155091326000002/mrc8k01092026.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T11:03:22.156275+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}