---
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"
generated_at: "2026-05-16T11:03:22.156275+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# MKZR creates multi-family subsidiary MAC with $18.10/share NAV; spin-off, merger or capital raise possible

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001550913-26-000002
- JSON: https://secwatch.observer/filing/0001550913-26-000002.json
- Plain text: https://secwatch.observer/filing/0001550913-26-000002.txt

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