MacKenzie Realty Capital Reports FY2026 Results; Suspends Preferred Repurchases

What Happened

• On September 30, 2026, MacKenzie Realty Capital, Inc. (MKZR) announced financial results for the fiscal year ended June 30, 2026 and furnished a press release as Exhibit 99.1 to its Form 8-K.
• On the same date the Board voted to temporarily suspend the company’s Preferred Share Repurchase Program to better respond to any strategic alternatives that may be brought by its financial advisor, Maxim Group LLC. The Board said prior issuances of common stock in exchange for preferred shares have increased selling pressure on the common stock and could complicate negotiations of potential strategic transactions. The company noted there is no assurance a transaction will result.

Key Details

• Filing date: September 30, 2026; fiscal year reported: ended June 30, 2026.
• Press release is furnished as Exhibit 99.1 to the Form 8-K.
• Board action: temporary suspension of the Preferred Share Repurchase Program to facilitate review of strategic alternatives.
• Financial advisor involved: Maxim Group LLC; company will reassess the repurchase program in due course and made standard forward‑looking disclaimers.

Why It Matters

• For investors, the suspension removes an available liquidity pathway for preferred shareholders and is intended to reduce downward pressure on the common stock while the Board evaluates strategic options.
• The move signals the Board is actively exploring strategic alternatives (with Maxim) but does not guarantee a sale, merger, or other transaction. Retail investors should review the company’s press release (Exhibit 99.1) and subsequent filings for the detailed financial results and any further updates.