Real Estate News

MacKenzie Realty Capital Announces Acquisition of Shares of the Company by its Adviser, CEO, and Affiliates Resulting in Ownership of Over 6% of the Outstanding Shares of the Company

ORINDA, Calif., Aug. 22, 2025 (GLOBE NEWSWIRE) -- MacKenzie Realty Capital, Inc.(Nasdaq: MKZR) (“MacKenzie” or the “Company”) today announced that its Adviser, MacKenzie Real Estate Advisers, LP, together with its Chief Executive Officer, Robert Dixon, and an affiliate, have acquired shares resulting in ownership by the Adviser, Robert Dixon, and an affiliate of over 6% of the outstanding shares of common stock of MacKenzie.

Vornado Realty Trust to Purchase 623 Fifth Avenue

Vornado Realty TrustVornado Realty Trust623 Fifth Avenue

NEW YORK, Aug. 25, 2025 (GLOBE NEWSWIRE) -- Vornado Realty Trust (NYSE:VNO) announced today that it has entered into an agreement to purchase the 623 Fifth Avenue office condominium, a 36-story, 382,500 rentable square foot building situated above the flagship Saks Fifth Avenue department store, for $218 million.

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