MKZR · MacKenzie Realty Capital, Inc.

Summary

MacKenzie Realty Capital, Inc. entered into a Note Purchase Agreement with Streeterville Capital, LLC on March 6, 2026, issuing secured promissory notes with aggregate principal of $1,095,000 for net proceeds of $1,000,000 used to purchase CNL Healthcare Properties, Inc. REIT shares. The notes carry 9% interest, mature in 18 months, and are secured by subsidiary assets and stock pledge.

Key takeaways

• Entered Note Purchase Agreement with Streeterville Capital, LLC on 2026-03-06
• Secured notes principal $1,095,000; net funding $1,000,000 after $90,000 OID and $5,000 expenses
• 9% per annum interest; maturity 18 months from Purchase Price Date
• Secured by Security Agreement, Guaranty, and Stock Pledge from MRC QRS, Inc.
• Use of proceeds: purchase CNL Healthcare Properties, Inc. shares at $4.55 per share
• Prepayment premium 107% within 90 days; monthly interest payments start month 1, principal + interest $91,250 monthly from month 6