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About Mackenzie Realty Capital Inc
MacKenzie Realty Capital, Inc. engages in investment activities. The company is headquartered in Orinda, California. The company went IPO on 2023-09-22. The Company’s objective is to generate both current income and capital appreciation through real estate-related investments. The firm intends to invest at least 80% of its total assets in equity or debt in real estate assets. The company can also invest up to 20% of its total assets in investment securities of real estate companies. The company also owns and manages five commercial real estate properties: Satellite Place in Duluth, GA, 1300 Main, First & Main and Main Street West in Napa, CA, and Woodland Corporate Center Two in Woodland, CA and four residential apartments: Commodore Apartments and The Park View, located in Oakland, California, the Hollywood Property located in Los Angeles, California, and the Shoreline Apartments in Concord, California. The Company, through MacKenzie Realty Operating Partnership, LP (the Operating Partnership), acquires and operates real estate assets.
Industry: Real Estate Investment Trusts Peers: