Robert E. Dixon, who serves as CEO and President of MacKenzie Realty Capital, Inc. (NASDAQ:MKZR), reported a personal purchase of 10,000 shares of the company’s common stock on April 6, 2026, according to a Form 4 filed with the Securities and Exchange Commission. The shares were acquired at $3.4972 per share, for a total cash outlay of $34,972.
The filing shows that, following the transaction, Dixon directly holds 54,241 shares of MacKenzie Realty Capital common stock. The document also reports indirect holdings: 86,855 shares through MacKenzie Real Estate Advisers, LP and 5,569 shares through MPF Successors, LP.
The insider purchase occurred while MKZR shares were trading close to their 52-week low of $3.25 and after a year in which the stock has fallen 75%. The company pays a notable dividend, with a current yield reported at 59% according to InvestingPro data.
Corporate actions disclosed recently by MacKenzie Realty Capital include a reorganization of its multifamily real estate assets. The company formed a new entity named MacKenzie Apartment Communities, Inc. (MAC) and transferred its multifamily assets and development property to that new company. MacKenzie Realty Capital retains 100% ownership of MAC. The reorganization was made effective on January 1, 2026, and MAC is designated to focus on developing and owning properties on the West Coast.
In addition to the reorganization, the company entered into a secured promissory note agreement with Streeterville Capital, LLC, in the amount of $1.64 million. This new note follows a previously disclosed secured note of $545,000. The combined principal of those notes is described in the filing as having reached a material level for the company.
MacKenzie Realty Capital also amended its Equity Distribution Agreement with Maxim Group LLC to permit an at-the-market offering program for up to $20 million in common stock. Per the terms noted in the filing, that agreement will terminate upon the sale of all authorized shares, by mutual termination, or on July 15, 2027, whichever occurs first.
The Form 4 disclosure, the corporate reorganization, the secured note activity and the amended at-the-market program together form the set of recent filings and announcements disclosed by the company. The filings list precise ownership levels, transaction pricing and the dates of the corporate actions as reported above.