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.
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.
Contributed all multi-family properties + development to wholly owned subsidiary MAC for 1,852,481 shares (1:1 with MKZR).
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 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 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 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.
Offer: up to 150,000 Starwood Class S shares at $15.30/share, 30% discount to $21.84 NAV (Nov 30, 2024).
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.
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 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 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 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 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 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 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