MacKenzie Realty Capital Inc

MacKenzie Realty Capital Inc the Parent Company together with its subsidiaries as discussed below collectively the Company we us or our was incorporated under the general corporation laws of the State of Maryland on January 27 2012 We have elected to be treated as a real estate investment trust REIT as defined under Subchapter M of the Internal Revenue Code of 1986 as amended the Code We are authorized to issue 100000000 shares of which i 80000000 are designated as common stock with a 00001 par value per share and ii 20000000 are designated as preferred stock with a 00001 par value per share We commenced our operations on February 28 2013 and our fiscal yearend is June 30