MacKenzie Realty Capital, Inc. (MKZR)

MacKenzie Realty Capital, Inc. (MKZR) is a real estate investment trust headquartered in Orinda, California. The company was originally organized as a business development company that invested in non-traded real estate securities, and it later converted to a REIT that owns and operates properties directly.

Its portfolio is concentrated in Northern California and consists mainly of office buildings and multifamily residential properties, with some exposure to other property types and development projects. The company generates income from leasing its properties to commercial tenants and residents, and it is externally managed by an affiliate of MacKenzie Capital Management.