MacKenzie Realty Capital Reports FY 2026 Financial Results and Announces Suspension of Preferred Share Repurchase Program while Exploring Strategic Transactions

ORINDA, Calif., Sept. 30, 2026 (GLOBE NEWSWIRE) -- MacKenzie Realty Capital, Inc. (Nasdaq: MKZR) (“MacKenzie” or the “Company”) today announced its financial results for the year ended June 30, 2026 and announced that its Board has temporarily suspended the Preferred Share Repurchase Program while it explores strategic transactions such as reverse takeovers.

Key Financial Highlights: Operating Results for the Year Ended June 30, 2026: * Net revenues for year ended June 30, 2026, were $20.01 million, a decrease of 9% from $22.06 million in the same period of 2025. * Net operating loss was $15.61 million, a decrease of 33% as compared to a net operating loss of $23.46 million in the same period of 2025. * Net loss was $14.13 million, a decrease of 41% compared to a $23.97 million loss in the same period of 2025. Robert Dixon, CEO and President of MacKenzie Realty Capital, stated, “While net revenues declined 9% compared to the prior year (primarily due to approximately $3.0 million of lease termination income recognized in the 2025 period), the annual results were in line with our internal expectations, and the Company achieved meaningful reductions in net operating loss and net loss. We remain focused on executing our growth initiatives while maintaining financial discipline which we believe will deliver sustained value creation over the long term.”