Ernesto Chavez (CRD: 4315877) faces a new pending claim on BrokerCheck over an investment made in 2018. The customer alleges $180,000 in damages, and no arbitrator has ruled on the claim.
MacKenzie Realty Capital Inc. (MKZR), a publicly registered non-traded real estate investment trust (REIT), made headlines with its decision to pursue a listing of its common stock on the OTCQX, with aspirations for a future listing on the NYSE-American. This news comes as the company suddenly stops its programs for reinvesting dividends and buying back shares, leaving investors unsure about what’s going on with the company.
MacKenzie owns a bunch of apartment buildings and office spaces across the US but investors question its financial decisions and what value it really provides. There's a worry because the company won't share much about how much the shares will cost or when everything will happen, showing a lack of clear communication and stability.
Notably, the company stopping important programs like reinvesting dividends and buying back shares leaves investors unsure about their next moves. The company's plan to get listed on the OTCQX without much detail makes investors even more nervous.
Financial reports show that the company’s shares are worth less now than when they first started selling them, which is a bad sign for the company’s financial health and investor confidence. Selling shares at a much lower price than they were bought for and shifting focus in its business strategy, especially during the challenges of investing in real estate that's not easy to sell, have added to the risks and might lead to legal problems.
Investors who have lost money with MacKenzie Realty Capital might be able to take legal action. These legal cases usually argue that the firms that sold these investments didn’t do a good job checking suitability or gave bad investment advice considering the investor's goals and risk tolerance. Financial advisors and securities brokers must do their due diligence and make sure the investments they recommend fit the investor's needs and financial situation. If they don’t, they might have to compensate investors for their losses. Investors might be able to argue their case through FINRA Arbitrations or other avenues, which could help them get some of their money back.
If you’ve lost money because of investing in MacKenzie Realty Capital, you might want to talk to securities lawyers at Soreide Law Group. You can get in touch with them online or by phone at (888) 760-6552 to discuss your situation. Soreide Law Group helps investors across the US in recovering losses, works based on contingency arrangement, and advances all upfront costs.
Ernesto Chavez (CRD: 4315877) faces a new pending claim on BrokerCheck over an investment made in 2018. The customer alleges $180,000 in damages, and no arbitrator has ruled on the claim.
William Tunink (CRD: 2738224) settled a customer claim for $299,000 on August 11, 2026, according to his BrokerCheck report. The customer alleged that he obtained loans from the customer, and that some of the money went into an investment.
Tony Barouti (CRD: 3031995) faces a pending $230,400 customer claim, according to his BrokerCheck report. He says the allegations in it are false. His report also lists SEC administrative and cease-and-desist proceedings from August 2025.
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