Quarterly ResultMay 15, 2026, 03:36 PM
MacKenzie Realty Capital Q3 Net Revenue $5.4M; FFO Turns Positive
AI Summary
MacKenzie Realty Capital announced its third fiscal quarter 2026 financial results, reporting a 27% increase in net revenues to $5.4 million. The company significantly reduced its net operating loss by 57% to $2.5 million and its net loss by 84% to $1.0 million. Notably, MacKenzie achieved positive Funds From Operations (FFO) of $308,040 and Adjusted FFO (AFFO) of $537,514, marking a return to profitability. Additionally, its Aurora at Green Valley development is now stabilized and over 90% leased, and the company realized a $521,718 profit from the sale of CNL Healthcare Properties, Inc. shares.
Key Highlights
- Net revenues increased 27% to $5.4 million for Q3 2026.
- Net operating loss reduced 57% to $2.5 million for Q3 2026.
- Net loss reduced 84% to $1.0 million for Q3 2026.
- Funds From Operations (FFO) turned positive to $308,040.
- Adjusted FFO (AFFO) turned positive to $537,514.
- Aurora at Green Valley development is stabilized and over 90% leased.
- Realized a $521,718 profit from CNL Healthcare Properties, Inc. share sale.
Price Impact
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