{"schema_version":"secwatch.filing_event.v1","accession":"0001550913-26-000008","form_type":"8-K","ticker":"MKZR","cik":"0001550913","company_name":"MacKenzie Realty Capital, Inc.","filed_at":"2026-01-21T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.401784+00:00","generated_at":"2026-05-16T09:17:46.310556+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"MacKenzie Realty issues $2.18M in secured notes to Streeterville Capital for REIT tender offer","bullets":["Issued Secured Note #2 ($545K principal, net $500K) on Aug 1, 2025 and Secured Note #3 ($1.635M principal, net $1.5M) on Jan 15, 2026.","Notes bear 9% interest, mature 18 months from funding; combined OID of $180K.","Proceeds used to purchase non-traded REIT securities pursuant to a company tender offer.","Streeterville Capital, LLC is the sole lender; notes are secured by pledge and security agreements.","Individual Note #2 deemed immaterial but aggregate of both notes is material to the company."],"urls":{"canonical":"https://secwatch.observer/filing/0001550913-26-000008","json":"https://secwatch.observer/filing/0001550913-26-000008.json","markdown":"https://secwatch.observer/filing/0001550913-26-000008.md","text":"https://secwatch.observer/filing/0001550913-26-000008.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1550913/000155091326000008/0001550913-26-000008-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1550913/000155091326000008/mrc8k01212026.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T09:17:46.310556+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":[{"claim_id":"086bbd13798d4a22838117bf19a692a161f13945","claim":"MacKenzie Realty Capital, Inc. incurred loan of $1,635,000 with Streeterville Capital, LLC maturing 18 months after the Purchase Price Date.","evidence_excerpt":"On January 15, 2026, the Company issued to the Investor a secured promissory note under the Note Purchase Agreement in the aggregate principal amount of $1,635,000 (“Secured Note #3”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1550913/000155091326000008/0001550913-26-000008-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$1,635,000"},{"label":"Counterparty","value":"Streeterville Capital, LLC"},{"label":"Maturity","value":"18 months after the Purchase Price Date"},{"label":"Event","value":"incurrence"}]},{"claim_id":"f9dd074348eb73049812f8e07e38e2858cd035a8","claim":"MacKenzie Realty Capital, Inc. entered into Secured Note #3 with Streeterville Capital, LLC valued at in the aggregate principal amount of $1,635,000 (effective 2026-01-15).","evidence_excerpt":"On January 15, 2026, the Company issued to the Investor a secured promissory note under the Note Purchase Agreement in the aggregate principal amount of $1,635,000 (“Secured Note #3”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1550913/000155091326000008/0001550913-26-000008-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"Streeterville Capital, LLC"},{"label":"Value","value":"in the aggregate principal amount of $1,635,000"},{"label":"Effective","value":"2026-01-15"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}