Welcome to our dedicated page for Presidio Property Trust 9.375% Series D Cumulative Redeemable Perpetual Preferred Stock, $0.01 par value per share news (Ticker: SQFTP), a resource for investors and traders seeking the latest updates and insights on Presidio Property Trust 9.375% Series D Cumulative Redeemable Perpetual Preferred Stock, $0.01 par value per share stock.
Presidio Property Trust, Inc. is a self-managed real estate investment trust that specializes in a diverse multi-tenant portfolio of real estate assets. Their holdings include model home properties leased to homebuilders in Arizona, Illinois, Texas, Wisconsin, and Florida, as well as office, industrial, and retail properties primarily located in Colorado, with additional properties in Maryland, North Dakota, Texas, and Southern California.
The company is internally managed and aims to deliver value to its shareholders through strategic investments and a commitment to operational excellence. With a focus on generating consistent income and long-term growth, Presidio Property Trust, Inc. continues to expand its portfolio and explore new opportunities in the real estate market.
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Presidio Property Trust, Inc. has reached a cooperation agreement with Zuma Capital Management, appointing Elena Piliptchak to the board of directors. The Zuma Investor Group that holds 7.6% of Presidio's outstanding stock has agreed to certain provisions, enhancing corporate governance and stockholder value.
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Presidio Property Trust, Inc. announces KLJ Engineering 's occupancy at Grand Pacific Center, adding $536,080 in annualized base rent. The property is now 89% leased, solidifying its position as the top office building in Downtown Bismarck. The company navigated challenges to facilitate KLJ's move-in amidst Covid and monetary tightening.
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Presidio Property Trust, Inc. announces dividends for its Series D Preferred Stock for April, May, and June 2024, with a payout of $0.19531 per share each month.
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Presidio Property Trust, Inc. (NASDAQ: SQFT; SQFTP; SQFTW) has regained compliance with the minimum bid price requirement set forth by Nasdaq, maintaining a minimum closing bid price of $1.00 or more for at least 10 consecutive business days.
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Presidio Property Trust, Inc. (NASDAQ: SQFT; SQFTP; SQFTW) has declared a dividend on its 9.375% Series D Cumulative Redeemable Perpetual Preferred Stock for January, February, and March 2024. The January 2024 dividend will be $0.19531 per share, payable on February 15, 2024, to shareholders of record as of January 31, 2024. The February 2024 dividend will also be $0.19531 per share, payable on March 15, 2024, to shareholders of record as of February 29, 2024. The March 2024 dividend will be $0.19531 per share, payable on April 15, 2024, to shareholders of record as of March 31, 2024.
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Presidio Property Trust, Inc. (NASDAQ: SQFT) has been granted an additional 180-day period to meet Nasdaq's $1.00 minimum bid price requirement. If the closing bid price of the common stock is at or above $1.00 per share for a minimum of ten consecutive trading days by June 3, 2024, Nasdaq will confirm compliance. Failure to do so may result in delisting, with the company having the option to appeal.
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Presidio Property Trust, Inc. (NASDAQ: SQFT; SQFTP, SQFTW) has approved a cash dividend of $0.023 per share on its Series A Common Stock for the fourth quarter of 2023. The dividend will be payable on December 26, 2023, to all stockholders of record as of the close of business on December 18, 2023.
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Presidio Property Trust, Inc. (NASDAQ: SQFT; SQFTP; SQFTW) Announces $10 Million Share Repurchase Plan
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Presidio Property Trust, Inc. (Nasdaq: SQFT, SQFTP, SQFTW) reported a significant increase in net income, driven by a gain on deconsolidation from a business combination with Conduit Pharmaceuticals, Inc. However, the company also experienced a loss on the fair market value of its investment in Conduit and a decrease in the gain on sale of real estate, attributed to the number of model homes sold. Additionally, FFO and Core FFO decreased for the quarter.
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Presidio Property Trust, Inc. has declared dividends on its Series D Preferred Stock for October, November, and December 2023.
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FAQ
What is the current stock price of Presidio Property Trust 9.375% Series D Cumulative Redeemable Perpetual Preferred Stock, $0.01 par value per share (SQFTP)?
The current stock price of Presidio Property Trust 9.375% Series D Cumulative Redeemable Perpetual Preferred Stock, $0.01 par value per share (SQFTP) is $15.26 as of January 23, 2025.
What is Presidio Property Trust, Inc.?
Presidio Property Trust, Inc. is a self-managed real estate investment trust that invests in a diverse multi-tenant portfolio of real estate assets.
What types of properties does Presidio Property Trust, Inc. hold?
Presidio Property Trust, Inc. holds model home properties leased to homebuilders in various states, as well as office, industrial, and retail properties primarily located in Colorado.
Where are Presidio's model homes leased to homebuilders located?
Presidio's model homes are leased to homebuilders in Arizona, Illinois, Texas, Wisconsin, and Florida.
What is the focus of Presidio Property Trust, Inc.?
The company aims to deliver value to its shareholders through strategic investments and operational excellence, focusing on generating consistent income and long-term growth.
How is Presidio Property Trust, Inc. managed?
Presidio Property Trust, Inc. is internally managed.
What is the contact information for investor relations at Presidio Property Trust, Inc.?
For investor relations inquiries, contact Lowell Hartkorn at LHartkorn@presidiopt.com or (760) 471-8536 x1244.
What is the approach of Presidio Property Trust, Inc. towards shareholder value?
Presidio Property Trust, Inc. aims to deliver shareholder value through strategic investments and a commitment to operational excellence.
In which states are Presidio's office, industrial, and retail properties located?
Presidio's office, industrial, and retail properties are primarily located in Colorado, with additional properties in Maryland, North Dakota, Texas, and Southern California.
What is the investment strategy of Presidio Property Trust, Inc.?
Presidio Property Trust, Inc. focuses on expanding its portfolio and exploring new opportunities in the real estate market to drive long-term growth.
How does Presidio Property Trust, Inc. generate income for its shareholders?
Presidio Property Trust, Inc. aims to generate consistent income for its shareholders through its diverse real estate portfolio and strategic investments.
Presidio Property Trust, Inc. 9.375% Series D Cumulative Redeemable Perpetual Preferred Stock, $0.01 par value per share