SCHEDULE: Dixon Robert E. Amends MacKenzie Realty Capital Stake

Robert E. Dixon has filed an amendment to Schedule 13D, reporting a 7.7% beneficial ownership in MacKenzie Realty Capital, Inc. as of August 4, 2026.

Summary

• This filing is an amendment (Amendment No. 3) to a previously filed Schedule 13D concerning shares of common stock of MacKenzie Realty Capital, Inc.
• Robert E. Dixon is the reporting person, and as of August 4, 2026, he beneficially owns 213,265 shares of common stock.
• This ownership represents approximately 7.7% of the Issuer's outstanding shares.
• The reported shares include those owned directly by Dixon (54,241 shares) and indirectly through MPF Successors, LP (5,569 shares), MacKenzie Real Estate Advisers, LP (86,855 shares), and Berniece Patterson Legacy Trust (66,600 shares), where he may share voting and investment power.
• The total funds required for the Berniece Patterson Legacy Trust to purchase its shares was $87,774.79.
• Dixon directly holds sole voting and dispositive power over 54,241 shares, representing 1.95% of the issued and outstanding shares.

Sentiment

Score: 3

Explanation: StockSavvy.ai views this filing as neutral to slightly negative, primarily due to the nature of a Schedule 13D amendment which typically indicates a change in beneficial ownership or intent, without providing new operational or financial performance data.

Positives

• Robert E. Dixon maintains a significant beneficial ownership stake of 7.7% in MacKenzie Realty Capital, Inc., indicating continued investor interest.
• The filing clarifies the specific breakdown of directly and indirectly held shares, providing transparency.

Negatives

• The filing is an amendment to a Schedule 13D, which often signals a change in holdings or intent that could be perceived as a precursor to further action, the nature of which is not detailed.
• No new operational or financial performance data is provided, making it difficult to assess the company's current health from this document alone.

Risks

• The filing does not explicitly detail any new risks beyond those that may be inherent in holding a significant stake in a publicly traded company.
• Potential for future actions by the reporting person that could impact the company's stock price or governance, as is typical with Schedule 13D filings.

Future Outlook

This filing does not contain specific forward-looking statements or guidance regarding the company's future performance. It primarily serves to update beneficial ownership information.

Management Comments

• "Although the Reporting Person may be deemed to have beneficial ownership of such shares of Common Stock, neither the filing of this Schedule 13D nor any of the contents hereof shall be deemed to constitute an admission by the Reporting Person that he is the beneficial owner of any of the shares of Common Stock owned by MPF Successors, MREA and BPLT for purposes of Section 13(d) of the Act, or for any other purpose, and such beneficial ownership is expressly disclaimed."
• "After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct."

Industry Context

StockSavvy.ai notes that Schedule 13D filings are common in the real estate investment and management sector, often indicating significant investor activity or potential strategic shifts. The focus on real estate capital suggests the company operates within a sector sensitive to interest rates and market cycles.

Related Party Transactions

• The filing details shares owned by MPF Successors, LP, MacKenzie Real Estate Advisers, LP, and Berniece Patterson Legacy Trust, in which Robert E. Dixon may share voting and investment power, indicating potential related party interests.

Stakeholder Impact

• Shareholders: The amendment may signal potential changes in the company's strategic direction or governance due to the reporting person's increased or adjusted stake, though specifics are not provided.
• Management: May need to respond to or consider the intentions of a significant beneficial owner.
• Creditors: Indirectly impacted if changes in ownership lead to shifts in company strategy or financial risk.

Next Steps

• No specific next steps are outlined in this filing beyond the reporting of updated beneficial ownership.
• Further filings may be required if there are subsequent changes in beneficial ownership or intent.

Key Dates

Keywords

MacKenzie Realty Capital, Schedule 13D, Beneficial Ownership, Robert E. Dixon, Common Stock, Investment Power, Voting Power