MacKenzie Realty reports acquisition of shares by CEO, affiliates

MacKenzie Realty (MKZR) Capital announced that its Adviser, MacKenzie Real Estate Advisers, LP, together with its CEO Robert Dixon, and an affiliate, have acquired shares resulting in ownership by the Adviser, Robert Dixon, and an affiliate of over 6% of the outstanding shares of common stock of MacKenzie. Dixon said, “We have purchased a significant number of the company’s shares because we believe it is a good investment and that the value of the shares substantially exceeds the market price. While the company has faced some headwinds in this economy and interest rate environment, we believe the company has turned the corner. We successfully refinanced our Hollywood multifamily property, we refinanced one of our office properties in Napa, CA, and we have now received the first certificate of occupancy for our multifamily development, Aurora at Green Valley. We believe in the future of MacKenzie and have put our own money where our conviction is.” Further, on August 21, 2025, the company received a letter from the listing qualifications department staff of The Nasdaq Stock Market indicating that the company is back in compliance with the $1.00 minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) for continued listing on The Nasdaq Capital Market.