Kjerstin Hatch
the Board appointed Ms. Hatch to fill the vacancy on the Board
Highest-materiality recent filing
MacKenzie Realty Q3 revenue up 27%; FFO turns positive; Aurora 90% leased
Net revenues $5.4M (+27% YoY); net loss narrowed to $1.0M from $6.1M (84% reduction).
MacKenzie Realty Q3 revenue up 27%, net loss narrows 84%; FFO turns positive
Net revenues $5.4M (+27% YoY); net loss improved to $1.0M from $6.1M in prior year.
Series A: $0.375/share for quarter (6% annualized) payable March 31 record; future $0.125/month for April–June payable July 2026.
MacKenzie Realty secures $1M loan to buy CHP shares at $4.55, target $6.90
Net $1M loan from Streeterville Capital; principal $1.095M with $90k OID and $5k transaction fees.
MacKenzie Realty issues $2.18M in secured notes to Streeterville Capital for REIT tender offer
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.
MacKenzie Realty declares Series A/B/C preferred dividends for Q1 2026 at 6%/3%/9% annualized
Series A: $0.375/share quarterly (6% annualized) paid Jan 15; monthly $0.125 for Jan-Mar 2026 payable in April.
MacKenzie Realty Capital extends ATM distribution program to July 15, 2027
Amendment to Equity Distribution Agreement with Maxim Group LLC allows up to $20M in common stock sales.
Contributed all multi-family properties + development to wholly owned subsidiary MAC for 1,852,481 shares (1:1 with MKZR).
MacKenzie Realty amends advisory agreement: new base fee 1.25% of AUM, bonus fee 5% of AFFO
Base Management Fee set at 1.25% of gross AUM (excl. depreciation/amortization), paid monthly.
MacKenzie Realty Capital initiates strategic review of multi-family portfolio
Company announced it has initiated a strategic review of its multi-family portfolio with the goal of enhancing shareholder value.
MacKenzie Realty Q1 FY2026 net loss narrows to $3.05M; FFO remains negative
Net revenues $4.54M, down 8.3% YoY from $4.95M.
MacKenzie Realty shareholders reelect all 4 directors and ratify auditor
Four director nominees elected with over 83% of votes present: Thomas Frame, Timothy Dozois, Chip Patterson, Kjerstin Hatch.
MacKenzie launches Starwood REIT tender offer at $16.25/share; adviser buys more MKZR shares
Tender offer to purchase up to 150,000 Class S shares of Starwood REIT at $16.25/share, a 22% discount to NAV of $20.76.
MacKenzie Realty declares regular Q4 preferred dividends; Series A at 6%, B at 12%, C at 9%
Board approved Q4 2025 dividends for Series A, B, C preferred shares; payable to holders of record Sept 30, 2025.
MacKenzie Realty Capital FY2025 revenue $22.06M (+40% YoY); net loss $23.97M vs $11.22M
Net revenues $22.06M, up 40% YoY from $15.74M.
MacKenzie Realty Capital: Adviser & CEO acquire over 6% stake; Nasdaq bid price compliance regained
Adviser, CEO Robert Dixon, and affiliate now own over 6% of MKZR common stock.
1-for-10 reverse stock split effective 5:01 PM ET Aug 4, 2025; trading on split-adjusted basis Aug 5 under symbol MKZR.
MacKenzie Realty declares Q1 FY2026 preferred dividends; Series A at 6%, Series B at 12%
Series A quarterly dividend of $0.375/share (6% annualized) for holders accepted as of April 1, 2025, prorated for later acceptances.
MacKenzie Realty receives Nasdaq bid price deficiency notice; plans 1-for-10 reverse split
Nasdaq notified MKZR on July 7, 2025, that its bid price closed below $1.00, triggering a potential delisting.
MacKenzie Realty Capital secures $3M secured loan facility to fund non-traded REIT share purchases
Entered Note Purchase Agreement with Streeterville Capital for up to $3,270,000 in secured promissory notes; initial net funding of $1,000,000.
MacKenzie Realty creates 2M shares of 9% Series C Preferred Stock at $25 stated value
Series C Preferred ranks junior to Series A and B Preferred, senior to common; $25 liquidation preference plus accrued dividends.
New loan from EverTrust Bank for $9.5M at Prime (currently 7.5%) with 6.5% floor; matures May 30, 2028.
MacKenzie Realty Capital changes auditor to Baker Tilly after Moss Adams merger
Moss Adams merged into Baker Tilly effective June 3, 2025; Moss Adams resigned as auditor on June 9, 2025.
MacKenzie Realty Q3 net loss $6.1M, suspends quarterly common dividend
Net loss of $6.1M vs $2.9M loss YoY; net operating loss $5.8M.
Paid $5M forbearance payment, reducing Main Street West loan balance to ~$10.4M; interest reset to 8%.
Common dividend of $0.05 per share payable on or about April 25, 2025, to holders of record March 31, 2025.
Gross proceeds ~$4.8M from sale of 2,826,299 shares (or pre-funded warrants) plus unregistered Series A/B warrants.
MacKenzie Realty signs LOI for 5.73-acre waterfront multifamily project in Suisun
Nonbinding LOI to acquire 5.73-acre waterfront parcel adjacent to Solano Yacht Club.
Offer: up to 150,000 Starwood Class S shares at $15.30/share, 30% discount to $21.84 NAV (Nov 30, 2024).
MacKenzie Realty Capital returns to positive FFO of $2.8M in Q2 FY2025; revenue up 124%
Positive FFO of $2.8M vs negative prior year; net loss of $4.5M due to $5.1M impairment.
MacKenzie completes $10M equity raise for Aurora at Green Valley; launches second development
Completed $10M equity raise for Aurora at Green Valley, a 72-unit luxury apartment community in Fairfield, CA; first units due July 2025.
MacKenzie Realty enters $10M affiliate line of credit at 10% interest
Line of credit up to $10M from Patterson Real Estate Services, an affiliate of company's adviser.
MacKenzie Realty Capital provides Aurora at Green Valley update; occupancy to begin Q3 2025
Aurora at Green Valley development on schedule; first residential building occupancy begins Q3 2025, remaining two by year-end.
MRC cuts common dividend 60% to $0.05; preferred dividends unchanged
Common dividend reduced to $0.05/share (record Dec 31, payable Jan 25), down from $0.125 prior quarters.
MacKenzie Realty Capital enters ATM equity distribution agreement for up to $20M
Enters Equity Distribution Agreement with Maxim Group LLC for at-the-market offering of up to $20M of common stock.
MacKenzie Realty Capital amends charter and bylaws after stockholder vote
Stockholders approved three charter amendments at Jan 6, 2025 special meeting: Proposal 1.A with 89.2% of shares present, 1.B with 91.52%, 1.C with 90.35%.
MacKenzie Realty Capital stockholders approve charter amendments; board adopts new bylaws
Stockholders approved three proposals at Jan. 6 special meeting: removal of NASA limitations, alignment with public companies, Investment Company Act references.
MacKenzie Realty hires Maxim Group for advisory, issues 1% stock; targets Nasdaq/NYSE uplist
Issued 133,000 shares (~1% of outstanding) to Maxim affiliate as compensation for advisory services.
MacKenzie Realty postpones special meeting to Jan 6, declares $0.05 quarterly dividend
Special meeting postponed from Dec 18, 2024 to Jan 6, 2025 at 11 am PT to allow more voting time and reach 50% quorum.
MacKenzie Realty Capital Q1 net loss widens to $8.1M; revenue up 39% to $5.0M
Net loss of $8.1M ($0.61 EPS) compared to $4.6M loss ($0.35 EPS) in prior year.
MacKenzie Realty Capital Q1 FY2025 net loss $8.1M, EPS loss $0.61
Net revenues $5.0M (+39% YoY); gross profit $3.0M (+41% YoY).
MacKenzie Realty Capital stockholders re-elect all four directors, ratify auditor
All four director nominees elected: Frame (3,927,476 for), Dozois (3,954,379 for), Patterson (4,109,712 for), Hatch (4,101,772 for).
MacKenzie Realty Capital to list on Nasdaq Capital Market under ticker MKZR on Nov 11
Nasdaq approval received Nov 6; trading begins at open on Nov 11, 2024.
MacKenzie Realty Capital Announces Quarterly Dividends and NASDAQ Listing Application
Declared Q3 common dividend of $0.125 per share payable October 25, 2024 to holders of record September 30.
MacKenzie Realty appoints Kjerstin Hatch to Board of Directors, effective immediately
Board size increased from 3 to 4 members; Hatch appointed to Audit, Nominating, and Compensation Committees.
MacKenzie Realty retains Maxim Group for advisory, potential Nasdaq uplist
Engaged Maxim Group LLC for financial advisory and investment banking services.
MacKenzie Realty Capital launches tender offer for up to 700,000 Starwood REIT shares at $17.50 each
MacKenzie Realty Capital (OTCQX: MKZR) launched a tender offer to purchase up to 700,000 Class S Shares of Starwood Real Estate Income Trust.
MacKenzie Realty declares $0.125 common dividend; Series A $0.375, Series B $0.75
Common dividend of $0.125 per share payable July 26, 2024 to holders of record June 30, 2024.
MacKenzie Realty Capital shares begin trading on OTCQX Best Market under MKZR
Common shares now trade on OTCQX Best Market (ticker MKZR), highest OTC Markets tier.
MacKenzie Realty declares $0.125 dividend, starts development, plans OTCQX listing
Dividend of $0.125 per common share declared; payable to holders of record as of March 31, 2024.
the Board appointed Ms. Hatch to fill the vacancy on the Board
Max materiality 0.80 · Median 0.55 · Most common event other_material