MacKenzie Realty Capital Adviser Acquires Over 6% of Shares

MacKenzie Realty Capital announced that its adviser, MacKenzie Real Estate Advisers, and CEO Robert Dixon have acquired over 6% of the company's outstanding shares. Dixon believes the shares are undervalued and sees the company turning the corner after facing headwinds in the economy and interest rate environment. The company has refinanced several properties and received the first certificate of occupancy for its multifamily development, Aurora at Green Valley.

MacKenzie Realty Capital, Inc. (MKZR) has seen significant insider activity with its CEO, Robert E. Dixon, and the company's advisor, MacKenzie Real Estate Advisers, acquiring over 6% of the company's outstanding shares. This move comes amidst a backdrop of economic headwinds and interest rate changes, but Dixon remains optimistic about the company's future.

On August 18, 2025, Dixon purchased 9,000 shares of MacKenzie Realty Capital's common stock at $5.1 per share, totaling $45,900 [1]. Following this transaction, Dixon directly owns 321,551 shares and indirectly owns 61,287 shares through MacKenzie Real Estate Advisers, LP and MPF Successors, LP [2]. In another transaction on August 14, 2025, Dixon acquired 20,012 shares at a price of $4.84, totaling approximately $96,858 [3]. This purchase further underscores his belief in the company's potential.

Chief Financial Officer Sherpa Angche also participated in the recent share acquisition, buying 20,012 shares at $4.84 per share, totaling $96,858 on August 14, 2025 [4]. The company's stock has faced a significant decline, losing 83.58% over the past year, but both Dixon and Angche believe the shares are undervalued.

MacKenzie Realty Capital has also made several strategic moves to improve its financial health. The company has approved regular quarterly dividends for its Series A and Series B preferred shares for the quarter ending September 30, 2025 [1]. Additionally, the Board of Directors has sanctioned a 1-for-10 reverse stock split to meet the Nasdaq Capital Market’s minimum bid price requirement for continued listing [1]. This will reduce the number of outstanding shares from approximately 15.8 million to 1.58 million.

In a significant change, MacKenzie Realty Capital has appointed Baker Tilly as its new auditor following a merger with its previous auditor, Moss Adams LLP. This change was confirmed by the company’s Audit Committee and is part of the company's ongoing efforts to maintain compliance and ensure robust financial oversight [1].

The company has also refinanced several properties and received the first certificate of occupancy for its multifamily development, Aurora at Green Valley, which is expected to boost its financial performance.

References:
[1] https://www.investing.com/news/insider-trading-news/mackenzie-realty-ceo-dixon-buys-45900-in-shares-93CH-4200359
[2] https://www.tradingview.com/news/tradingview:df5eb6777c3f0:0-mackenzie-realty-capital-ceo-acquires-9-000-shares/
[3] https://www.investing.com/news/insider-trading-news/mackenzie-realty-ceo-dixon-buys-shares-worth-96858-93CH-4195665
[4] https://www.investing.com/news/insider-trading-news/sherpa-angche-buys-mackenzie-realty-capital-shares-worth-96858-93CH-4195734