Mackenzie Realty Capital Inc.

03/06/2026 | Press release | Distributed by Public on 03/06/2026 12:36

MacKenzie Realty Capital Secures additional $1 Million Loan for Non-Traded REIT Shares (Form 8-K)

MacKenzie Realty Capital Secures additional $1 Million Loan for Non-Traded REIT Shares
Orinda, Calif., (March 6, 2026) - MacKenzie Realty Capital, Inc. (Nasdaq: MKZR) ("MacKenzie" or the "Company") today announced the closing of an additional $1 million loan agreement with Streeterville Capital, a division of Chicago Venture Partners, for the purchase of non-traded REIT shares.

Robert Dixon, CEO and President of MacKenzie Realty Capital, said, "Purchasing non-traded REIT shares has been a business strategy that we have utilized for many years which is profitable, strengthens our balance sheet, and increases our cash flow. With this loan, the Company purchased approximately $1,000,000 of CNL Healthcare Properties, Inc. ("CHP") at $4.55 per share; CHP is expected to close a merger transaction with SNDA this month pursuant to which shares of CHP should receive consideration of approximately $6.90 per share. We see this as a nice win for the Company."

About MacKenzie Realty Capital, Inc.
MacKenzie, founded in 2013, is a West Coast-focused REIT that intends to invest at least 80% of its total assets in real property, and up to a maximum of 20% of its total assets in illiquid real estate securities. We intend for the real property portfolio to be approximately 50% multifamily and 50% boutique class A office. The current portfolio includes interests 8 office properties plus 100% ownership of its multifamily subsidiary, MacKenzie Apartment Communities, Inc., which has 5 multifamily properties and one multifamily development project.
For more information, please contact MacKenzie at (800) 854-8357. Please visit our website at: http://www.mackenzierealty.com
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