MacKenzie Realty provides business update

MacKenzie Realty (MKZR) Capital provided a business update on February 13, 2025. MacKenzie has completed the $10 million equity raise for its “Aurora at Green Valley” development. Aurora is currently ahead of schedule, and based upon the current rate of contingencies, under budget. Aurora is a 72-unit luxury apartment community located in Fairfield, CA. The first residential units are scheduled to be delivered in July 2025. Additionally, MacKenzie announced that upon the successful closing of its first multi-family development offering, “Aurora at Green Valley,” the company is preparing to launch its second multi-family development offering, “Blue Ridge at Suisun Valley.”