Welcome to our dedicated page for Presidio Property news (Ticker: SQFTP), a resource for investors and traders seeking the latest updates and insights on Presidio Property 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. (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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Presidio completes merger with Conduit Pharmaceuticals, Inc.
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Presidio Property Trust approves cash dividend of $0.023 per share for Q3 2023.
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Presidio Property Trust establishes Special Committee to explore potential strategic alternatives.
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Presidio Property Trust, Inc. has declared dividends on its Series D Preferred Stock for July, August, and September 2023. The dividends will be payable in cash to shareholders of record on specific dates.
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FAQ
What is the current stock price of Presidio Property (SQFTP)?
The current stock price of Presidio Property (SQFTP) is $15.65 as of February 21, 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.
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