secwatch.observer — SEC 8-K summary
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Issuer:     MacKenzie Realty Capital, Inc. (MKZR)
CIK:        0001550913
Form:       8-K
Filed at:   2026-01-21T23:59:59+00:00
Accession:  0001550913-26-000008
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MacKenzie Realty issues $2.18M in secured notes to Streeterville Capital for REIT tender offer
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1550913/000155091326000008/0001550913-26-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1550913/000155091326000008/mrc8k01212026.htm
  HTML page:      https://secwatch.observer/filing/0001550913-26-000008

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