MKZR
MacKenzie Realty Capital, Inc.3.7700
-0.4100-9.81%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
6.98MP/E (TTM)
-Basic EPS (TTM)
-14.76Dividend Yield
0.24%Recent Filings
8-K
Secures $1M loan for REIT shares
MacKenzie Realty Capital secured a $1M net loan from Streeterville Capital on March 6, 2026, via a $1.095M secured note carrying 9% interest, OID of $90K, and $5K expenses. Proceeds funded CNL Healthcare Properties REIT shares at $4.55 each, backed by subsidiary guaranty, asset security, and stock pledge. Penalty triggers loom on defaults. Funds fuel REIT strategy.
10-Q
Q2 FY2026 results
MacKenzie Realty Capital posted Q2 FY2026 revenue of $4.6M, down 43% y/y from $8.0M yet stable q/q, as early lease terminations at Satellite Place and Main Street West hit topline while Aurora at Green Valley ramped leasing to 47%. Operating loss narrowed to $4.7M from $4.6M y/y (derived), with margins steady amid $2.7M depreciation and $2.7M interest—net loss $4.5M, or $(2.97) diluted EPS on 1.86M shares, improved from $(3.93). Cash hit $4.3M with $4.8M total liquidity; debt climbed to $143M mortgage notes plus $13M lines/notes, funded by $10M Aurora drawdown. Woodland Corporate Center listed for sale. Office vacancies pressure leasing.
8-K
Issues $1.6M secured note
MacKenzie Realty Capital issued Secured Note #3 for $1.635M principal (9% interest, 18-month maturity) to Streeterville Capital on January 15, 2026, following $545K Note #2 in August 2025; aggregate $2.18M funded REIT tender offer buyback. Notes carry $180K OID, trigger penalties up to 15% on defaults, secured by pledges. Debt piles on.
8-K
Preferred dividends declared
MacKenzie Realty Capital mailed letters on January 15, 2026, announcing quarterly dividends for Series A, B, and C preferred shares to holders of record as of December 31, 2025: $0.375 (6% annualized), $0.1875 (3%), and $0.5625 (9%) per share, respectively, prorated for late entrants. Board approved monthly dividends through March, payable in April. All 2025 dividends classified 100% return of capital. Forward-looking statements cite economic risks.
8-K
Amends $20M ATM program
MacKenzie Realty Capital amended its at-the-market offering agreement with Maxim Group on January 7, 2026, extending the $20,000,000 common stock sales program to terminate no earlier than July 15, 2027. Shares will sell under the effective S-3 shelf registration from January 15, 2025. Provides flexible capital access. Termination requires 15 days' notice.
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