Mackenzie Realty Capital net loss narrows 41% to $14.13 million in year ended June 30, 2026

Bitget2026/09/28 21:24

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Mackenzie Realty Capital posted a net loss of $(14.13) million for FY26, narrowing 41% from the prior year.
Rental, reimbursements and other property income fell 14% to $13.07 million at commercial properties, while residential rose 18% to $6.94 million.
Impairment loss on assets held for sale was $1.69 million, tied to Woodland Corporate Center being classified as held for sale.
Mortgage notes payable outstanding totaled $134.21 million at June 30, 2026, with $10 million drawn on its PRES revolving line of credit.
Woodland Corporate Center was marketed for sale from October 2025, and a purchase and sale agreement was signed in September 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mackenzie Realty Capital Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001140361-26-037858), on September 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Mackenzie Realty Capital net loss narrows 41% to $14.13 million in year ended June 30, 2026

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