MacKenzie Realty Capital Acquires Over 6% Stake in the Company.

MacKenzie Realty Capital announced that its adviser, CEO, and affiliates acquired shares, resulting in ownership of over 6% of the company's outstanding shares. The CEO stated that they believe the value of the shares exceeds the market price and purchased them as a good investment. The acquisition is seen as a positive development for the company's future prospects.

Orinda, Calif., Aug. 22, 2025 — MacKenzie Realty Capital, Inc. (Nasdaq: MKZR) today announced that its adviser, MacKenzie Real Estate Advisers, LP, together with its Chief Executive Officer, Robert Dixon, and an affiliate, have acquired shares resulting in ownership by the Adviser, Robert Dixon, and an affiliate of over 6% of the outstanding shares of common stock of MacKenzie [1].

Mr. Dixon commented, "We have purchased a significant number of the Company’s shares because we believe it is a good investment and that the value of the shares substantially exceeds the market price. While the Company has faced some headwinds in this economy and interest rate environment, we believe the Company has turned the corner. We successfully refinanced our Hollywood multifamily property, we refinanced one of our office properties in Napa, CA, and we have now received the first certificate of occupancy for our multifamily development, Aurora at Green Valley. We believe in the future of MacKenzie and have put our own money where our conviction is" [1].

Furthermore, on August 21, 2025, the Company received a letter from the listing qualifications department staff of The Nasdaq Stock Market (Nasdaq) indicating that the Company is back in compliance with the $1.00 minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) for continued listing on The Nasdaq Capital Market [1].

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. The real property portfolio is intended to be approximately 50% multifamily and 50% boutique class A office. The current portfolio includes interests in 4 multifamily properties and 8 office properties plus 2 multifamily developments [1].

This acquisition is seen as a positive development for the company's future prospects, indicating confidence in the company's strategic direction and financial health. However, investors should be aware of the forward-looking statements contained in this press release, which are subject to risks and uncertainties [1].

For more information, please contact MacKenzie at (800) 854-8357. Please visit their website at: http://www.mackenzierealty.com [1].

References:
[1] https://www.globenewswire.com/news-release/2025/08/22/3137887/0/en/MacKenzie-Realty-Capital-Announces-Acquisition-of-Shares-of-the-Company-by-its-Adviser-CEO-and-Affiliates-Resulting-in-Ownership-of-Over-6-of-the-Outstanding-Shares-of-the-Company.html