MacKenzie Realty Capital, Inc. (Nasdaq: MKZR) has initiated a strategic review of its multi-family portfolio to enhance shareholder value.
CEO Robert Dixon aims to align the share price with the intrinsic value of the assets.
MacKenzie, a West Coast-focused REIT, plans to invest in real property and illiquid real estate securities.
Strategic Review Initiated
MacKenzie is reviewing its multi-family portfolio to boost shareholder value.
Asset Value vs. Market Capitalization
The net asset value of the multi-family portfolio exceeds the market capitalization.
Investment Focus
MacKenzie plans to invest predominantly in real property, with a mix of multifamily and boutique office assets.
- The strategic review signifies MacKenzie's commitment to maximizing shareholder returns.
- Aligning the share price with the true asset value could attract investors seeking undervalued opportunities.
MacKenzie's proactive approach to asset evaluation and focus on shareholder value enhancement demonstrates a strong commitment to long-term growth and sustainability in the real estate market.