Welcome to our dedicated page for Presidio Ppty Tr news (Ticker: SQFT), a resource for investors and traders seeking the latest updates and insights on Presidio Ppty Tr stock.
Presidio Property Trust, Inc. reports news as an internally managed, diversified REIT with model home properties triple-net leased to homebuilders and a commercial portfolio of office, industrial and retail assets. Updates commonly cover earnings, Core FFO reconciliation, segment income, model home acquisitions and resales, commercial leasing, property refinancing, and portfolio conditions in residential and office real estate markets.
Company announcements also address capital and securityholder matters for SQFT, SQFTP and SQFTW, including Series D Cumulative Redeemable Perpetual Preferred Stock dividends and dividend suspensions, as well as investor-relations engagements and other corporate communications.
Presidio Property Trust (Nasdaq: SQFT) reported Q1 2026 results, with a net loss attributable to common stockholders of about $(129,632), or $(0.10) per share, versus net income of $1.7 million a year earlier. Revenue was roughly $3.8 million, down from $4.1 million, mainly after selling Dakota Center.
FFO was about $(2.1) million and Core FFO about $(1.9) million, both lower year over year. The company sold Dakota Center for approximately $4.7 million, recording a $3.4 million gain, and sold five model homes. Impairment charges rose to about $524,373. Mortgage debt declined to roughly $82.4 million, while interest expense increased to $2.1 million, including about $0.7 million of default interest on Dakota Center. Management is cutting G&A through headcount reductions, a 5% CEO salary cut, and one fewer director. A loan amendment with Origin Bank lowered the floor interest rate by 1.5 percentage points, adding a $200,000 quarterly liquidity requirement.
Presidio Property Trust (NASDAQ:SQFT) reported a $10.5 million net loss for year ended December 31, 2025, or $8.59 per share, versus a $27.9 million loss in 2024. Total revenue was approximately $16.8 million, down 11.2% year-over-year. The company recorded $6.4 million of impairments and recognized gains of $5.4 million from property sales.
Key activity included acquisition of 22 model homes for $9.4 million, sale of two commercial properties for $15.9 million, FFO of $(3.8 million), Core FFO of $(2.7 million), and strong lease renewals with 88% of expiring space renewing.
Presidio Property Trust (NASDAQ:SQFT) suspended its monthly cash dividend on the 9.375% Series D cumulative preferred stock, effective with the January 2026 dividend that would have been paid February 15, 2026. Unpaid dividends will continue to accrue at $0.19531 per share per month.
The board said the move preserves about $2.3 million in cash annually, allows focus on growing the Model Home portfolio, and that accrued dividends will be reassessed quarterly for potential reinstatement.
Presidio Property Trust (NASDAQ:SQFT / SQFTP / SQFTW) announced on December 1, 2025 that it has engaged Acorn Management Partners LLC to support investor outreach. The company said the engagement aims to enhance visibility, strengthen market perception, and expand access to high-quality investors.
Presidio expects the partnership to broaden and reinforce its long-term shareholder base and to create value for current and future shareholders.
Presidio Property Trust (Nasdaq:SQFT) reported results for the quarter ended September 30, 2025. Net loss attributable to common stockholders improved to $1.9 million ($1.53 per share) from $6.6 million the prior year period. Total revenues were approximately $4.2 million versus $4.7 million a year earlier. Net real estate assets declined to $113.3 million from $131.4 million, reflecting the February 2025 sale of two commercial properties. FFO remained about $(0.6) million; Core FFO fell to $(0.3) million from $0.2 million. Mortgage debt totaled $94.6 million and the weighted average interest rate rose to 6.17%.
Presidio Property Trust (NASDAQ:SQFT; SQFTP; SQFTW) declared cash dividends on its 9.375% Series D Cumulative Redeemable Perpetual Preferred Stock for October, November and December 2025. Each monthly dividend is $0.19531 per share.
Payment and record dates: the October dividend of $0.19531 is payable on Nov 17, 2025 to holders of record as of Oct 31, 2025; the November dividend is payable on Dec 15, 2025 to holders of record as of Nov 30, 2025; the December dividend is payable on Jan 15, 2026 to holders of record as of Dec 31, 2025.
Presidio Property Trust (NASDAQ:SQFT) reported Q3 2025 model‑home and commercial real estate activity. In Q3 the company, through subsidiaries and affiliates, sold three homes for approximately $1.6M (acquisition cost ~$1.7M). Model homes represent about 35% of net real estate assets and 21% of rental revenue; Presidio wholly owns 64 of 84 model homes as of September 30, 2025. Commercially, the company refinanced its One Park Center office building with a five‑year loan, completed refinancing of two office buildings year‑to‑date, and recorded approximately 115,000 sq ft of commercial leasing YTD through Q3. The company extended 91% of leases expiring in 2025 through November, which management cites as evidence of tenant stability.
Presidio Property Trust (NASDAQ:SQFT) has successfully refinanced the mortgage loan on its One Park Center property in Westminster, Colorado. The new loan agreement includes $6.1 million in financing with a 6.83% interest rate and a five-year term. Notable terms include interest-only payments for the first six months and no prepayment penalty.
This marks the company's second office property loan refinancing in the past two months, following the Genesis Plaza property refinancing in August, demonstrating continued access to capital despite challenging market conditions.
Presidio Property Trust (NASDAQ:SQFT) reported Q2 2025 financial results, posting a net loss of $5.9 million ($5.13 per share), an improvement from the $12.4 million loss in Q2 2024. Total revenues were $4.4 million, down from $4.6 million year-over-year. The company's portfolio included 87 model homes with $114.6 million in net real estate assets.
Key highlights include a 90% lease retention rate, reduction in G&A expenses to $1.2 million (27.9% of revenue), and sale of 7 model homes generating a $323,359 gain. The company recorded significant impairment charges, including $3.3 million for Dakota Center and $0.9 million for Shea Center II. Core FFO improved to $(94,563) from $(0.4 million) in Q2 2024.
Presidio Property Trust (NASDAQ:SQFT), a diversified real estate investment trust, has announced a registered direct offering of 170,830 shares of common stock priced at $12.00 per share, expected to raise approximately $2.05 million in gross proceeds.
The offering, expected to close around July 15, 2025, includes a Warrant Amendment reducing the exercise price of existing July 2021 warrants to $12.00 per share. A.G.P./Alliance Global Partners is serving as the sole placement agent, and the company plans to use the proceeds for working capital and general corporate purposes.