Mackenzie Realty Capital Inc. Reports Net Realized Gain of $0.13 Million for Fiscal Year Ended June 30, 2025, Versus $3.02 Million Net Realized Loss in Prior Year; Other Operating Expenses Increase Due to Property Acquisition and New Services
Mackenzie Realty Capital Inc. reported its results for the fiscal year ended June 30, 2025. The company recorded a net realized gain of $0.13 million from the sale of three non-traded REIT securities and a limited partnership interest, compared to a net realized loss of $3.02 million in the prior year, which was primarily due to the write-off of two limited partnership interests. Other operating expenses increased to $4.55 million from $1.80 million in the previous year, attributed to the acquisition of a commercial property (Green Valley Medical Center) and higher general and administrative, consulting, and marketing expenses. The company's rental revenue, net of concessions, continued to be recognized on a straight-line basis over the term of each lease when collectability was probable. No outlook or guidance for future periods was provided in the report.
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: 0001140361-25-036540), on September 29, 2025, and is solely responsible for the information contained therein.
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