Workflow
MacKenzie Realty Capital Secures $3 Million Loan for Non-Traded REIT Shares
MKZRMacKenzie Realty Capital Inc(MKZR) GlobeNewswire News Room·2025-06-14 05:30

ORINDA, Calif., June 13, 2025 (GLOBE NEWSWIRE) -- MacKenzie Realty Capital, Inc. (Nasdaq: MKZR) (“MacKenzie” or the “Company”) today announced the closing of a $3 million loan agreement with an institutional investor for the purchase of non-traded REIT shares. Robert Dixon, CEO and President of MacKenzie Realty Capital, said, "Purchasing non-traded REIT shares has been a business strategy that we have utilized for many years which is profitable, strengthens our balance sheet, and increases our cash flow. In ...