MacKenzie Realty shares surge 26.91% premarket after reporting Q1 2026 results and Aurora lease-up progress.

MacKenzie Realty Capital, Inc. (MKZR) surged 26.91% in premarket trading following the announcement of its first-quarter 2026 financial results and progress in the lease-up of its Aurora property. The report highlighted strong operational performance, including occupancy gains, which signaled improved revenue potential for the real estate investment trust (REIT). The Aurora leasing update, in particular, underscored growing demand for the property, reinforcing investor confidence in the company’s asset management and development strategy. While older news items such as share repurchases, refinancing, and reverse stock splits had previously driven smaller gains, the latest quarterly results and leasing progress directly aligned with the significant premarket rally, reflecting positive momentum in the company’s core operations.