MacKenzie Realty Capital Enters Material Agreement
Ticker: MKZR · Form: 8-K · Filed: Mar 31, 2025 · CIK: 1550913
| Field | Detail |
|---|---|
| Company | Mackenzie Realty Capital, Inc. (MKZR) |
| Form Type | 8-K |
| Filed Date | Mar 31, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-definitive-agreement, financial-obligation
TL;DR
MRC just signed a big deal and took on debt. Keep an eye on this.
AI Summary
On March 25, 2025, MacKenzie Realty Capital, Inc. entered into a material definitive agreement and incurred a direct financial obligation. The company, incorporated in Maryland with its principal executive offices in Orinda, California, filed this 8-K report on March 31, 2025.
Why It Matters
This filing indicates a significant new contract or financial commitment for MacKenzie Realty Capital, which could impact its future operations and financial standing.
Risk Assessment
Risk Level: medium — The filing details a material definitive agreement and a direct financial obligation, suggesting potential new risks or opportunities related to these commitments.
Key Numbers
- 0001550913-25-000065 — Accession Number (Unique identifier for this filing)
- 001-42402 — SEC File Number (SEC's file number for the company)
Key Players & Entities
- MacKenzie Realty Capital, Inc. (company) — Registrant
- Maryland (jurisdiction) — State of Incorporation
- Orinda, California (location) — Principal Executive Offices
- March 25, 2025 (date) — Date of Earliest Event Reported
- March 31, 2025 (date) — Date of Report
FAQ
What is the nature of the material definitive agreement entered into by MacKenzie Realty Capital, Inc. on March 25, 2025?
The filing indicates the entry into a material definitive agreement but does not specify its nature in the provided text.
What is the direct financial obligation incurred by MacKenzie Realty Capital, Inc. on March 25, 2025?
The filing confirms the creation of a direct financial obligation but does not provide specific details on the obligation itself.
What is the primary business of MacKenzie Realty Capital, Inc. based on its SIC code?
MacKenzie Realty Capital, Inc. is classified under SIC code 6798, which corresponds to Real Estate Investment Trusts.
When is MacKenzie Realty Capital, Inc.'s fiscal year end?
MacKenzie Realty Capital, Inc.'s fiscal year ends on June 30.
What are the principal executive offices of MacKenzie Realty Capital, Inc.?
The principal executive offices of MacKenzie Realty Capital, Inc. are located at 89 Davis Road, Suite 100, Orinda, California, 94563.
Filing Details
This Form 8-K (Form 8-K) was filed with the SEC on March 31, 2025 regarding MacKenzie Realty Capital, Inc. (MKZR).