Mackenzie Realty Capital Inc. a West Coast-focused real estate investment trust (REIT) active in the multifamily and suburban office market sectors, has upgraded its stock market presence to the OTCQX from the Pink market.
The company began trading today on OTCQX under the symbol “MKZR.” OTC Markets Group Inc. (OTCQX: OTCM), the operator of regulated markets for trading 12,000 U.S. and international securities, announced the upgrade.
“Since 2012, MacKenzie has been investing in real estate securities and properties by seeking value others often overlook,” said Chip Patterson, MacKenzie’s board chairman and CEO. “Our size and experience enables us to be nimble and creative, and we are proud of our investment performance. It is our hope that OTCQX will provide our shareholders who need it with liquidity opportunities and enable others, for whom the opportunity was not previously available, to invest in our company.”
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