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MacKenzie Realty Capital, Inc. ( (MKZR) ) has issued an announcement.
On June 6, 2025, MacKenzie Realty Capital, Inc. successfully refinanced its Main Street West property in Napa, California, with a $9.5 million loan from Evertrust Bank. This refinancing replaces the previous loan from First Northern Bank of Dixon, which was in maturity default. The new loan, with a 7.5% interest rate and a maturity date of May 30, 2028, is part of MacKenzie’s strategy to manage its balance sheet and drive long-term growth, highlighting the company’s proactive approach and strong lender relationships in the challenging commercial real estate market.
Spark’s Take on MKZR Stock
According to Spark, TipRanks’ AI Analyst, MKZR is a Underperform.
MacKenzie Realty Capital, Inc. receives a low stock score due to its challenging financial performance and negative technical indicators. The high leverage and liquidity issues, coupled with bearish market trends and poor valuation metrics, significantly impact the score. The company’s strategic financial decisions provide slight mitigation, but the overall outlook remains concerning.
To see Spark’s full report on MKZR stock, click here.
More about MacKenzie Realty Capital, Inc.
MacKenzie Realty Capital, Inc., founded in 2013, is a West Coast-focused real estate investment trust (REIT) that invests primarily in real property, with a portfolio split between multifamily and boutique class A office properties. The company aims to allocate up to 20% of its assets in illiquid real estate securities and has consistently paid dividends since its inception.
Average Trading Volume: 48,880
Current Market Cap: $12.48M
See more insights into MKZR stock on TipRanks’ Stock Analysis page.