MacKenzie Realty Capital, Inc.

MacKenzie Realty Capital, Inc. operates as an externally managed real estate investment trust focused on acquiring and managing commercial real estate and multi-family residential properties. The company divides its holdings into commercial real estate investments and multi-family residential assets, which include apartment communities and residential development projects. In addition to physical property acquisitions, it invests up to twenty percent of its portfolio in real estate-related securities, such as debt and equity issued by non-traded or small-capitalization real estate entities. Its primary business activities involve generating income through property leasing, value-add repositioning, and development initiatives for residential and commercial tenants.

The company owns Class A and B office buildings, five residential apartment properties, and a planned multi-family development site. Its real estate holdings are situated in Northern California markets, including Napa, Fairfield, Suisun, and Woodland. MacKenzie Realty Capital is headquartered in Orinda, California, and conducts operations with zero direct employees, relying on external management and advisory affiliates.

Summary of the business section of MacKenzie Realty Capital's latest annual report, written by StockData.