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Mar 6, 2026 4:00 PM

MacKenzie Realty Capital Secures additional $1 Million Loan for Non-Traded REIT Shares

ORINDA, Calif., March 06, 2026 (GLOBE NEWSWIRE) -- MacKenzie Realty Capital, Inc. (NASDAQ:MKZR) ("MacKenzie" or the "Company") today announced the closing of an additional $1 million loan agreement with Streeterville Capital, a division of Chicago Venture Partners, for the purchase of non-traded REIT shares.

Robert Dixon, CEO and President of MacKenzie Realty Capital, said, "Purchasing non-traded REIT shares has been a business strategy that we have utilized for many years which is profitable, strengthens our balance sheet, and increases our cash flow. With this loan, the Company purchased approximately $1,000,000 of CNL Healthcare Properties, Inc. ("CHP") at $4.55 per share; CHP is expected to close a merger transaction with SNDA this month pursuant to which shares of CHP should receive consideration of approximately $6.90 per share. We see this as a nice win for the Company."

About MacKenzie Realty Capital, Inc. MacKenzie, founded in 2013, is a ...