New insider activity at MacKenzie Realty Capital, Inc. ( (MKZR) ) has taken place on April 4, 2025.
CEO & President Robert E. Dixon has made a significant investment in MacKenzie Realty Capital, Inc. by purchasing 20,000 shares of the company’s stock, valued at $28,600.
Recent Updates on MKZR stock
In recent developments, MacKenzie Realty Capital, Inc. entered into a Forbearance Agreement with First Northern Bank of Dixon to address a loan maturity default, preventing foreclosure and securing the future of its Napa Innovation Center. Additionally, the company refinanced its Hollywood property, replacing a high-interest loan with a lower-rate CMBS loan, improving cash flow. These strategic moves are aimed at stabilizing and enhancing the company’s property portfolio. Furthermore, MacKenzie announced its intention to mail letters to its preferred and common stockholders, declaring a regular quarterly common dividend and a quarterly Series A preferred share dividend. These actions demonstrate the company’s commitment to rewarding investor confidence and maintaining positive market engagement.
More about MacKenzie Realty Capital, Inc.
YTD Price Performance: -21.71%
Average Trading Volume: 129,884
Current Market Cap: $21.94M