MacKenzie Realty Capital, Inc. announced the acquisition of shares by its Adviser, CEO, and affiliates, resulting in ownership of over 6% of the outstanding shares of the company.
The company's CEO, Robert Dixon, expressed confidence in the investment and highlighted recent achievements in property refinancing and development progress.
Additionally, MacKenzie received a letter confirming compliance with Nasdaq's listing requirements, indicating positive market standing.
Significant Share Acquisition
Adviser, CEO, and affiliate have acquired over 6% of MacKenzie's outstanding shares.
Confidence in Investment Value
Company believes in the future outlook and value of its shares.
Operational Achievements
MacKenzie successfully refinanced properties and received occupancy certificates for developments.
Focus on Real Estate Investments
MacKenzie is a West Coast-focused REIT with a diverse real estate portfolio.
Contact Information
Contact MacKenzie at (800) 854-8357 for more information.
- MacKenzie's acquisition of over 6% of its outstanding shares reflects a strong belief in the company's value and potential growth.
- The Company's compliance with Nasdaq's minimum bid price requirement signifies positive momentum and regulatory adherence.
MacKenzie Realty Capital's recent acquisition of shares by its Adviser, CEO, and affiliates demonstrates confidence in the company's future prospects. With a solid portfolio and a positive outlook, MacKenzie is poised for growth and success in the real estate market.