INVESTMENT ADVISORY AGREEMENTInvestment Advisory Agreement • August 2nd, 2013 • MacKenzie Realty Capital, Inc. • Delaware
Contract Type FiledAugust 2nd, 2013 Company JurisdictionTHIS INVESTMENT ADVISORY AGREEMENT (“Agreement”) is effective as of the 28th day of February, 2013 (the “Effective Date”) by and between MacKenzie Realty Capital, Inc., a Maryland corporation having its principal place of business in Moraga, California (the “Company”), and MCM Advisers, LP, a California limited partnership having its principal place of business in Moraga, California (the “Adviser”).