secwatch.observer — SEC 8-K summary
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Issuer:     MacKenzie Realty Capital, Inc. (MKZR)
CIK:        0001550913
Form:       8-K
Filed at:   2026-01-09T23:59:59+00:00
Accession:  0001550913-26-000002
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1550913/000155091326000002/0001550913-26-000002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1550913/000155091326000002/mrc8k01092026.htm
  HTML page:      https://secwatch.observer/filing/0001550913-26-000002

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