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Presidio Ppty Tr Inc - SQFTW STOCK NEWS

Welcome to our dedicated page for Presidio Ppty Tr news (Ticker: SQFTW), a resource for investors and traders seeking the latest updates and insights on Presidio Ppty Tr stock.

Presidio Property Trust, Inc. was founded as NetREIT in 1999, focusing on out-of-the-mainstream properties to find hidden value. They are a diversified REIT with model home properties leased to homebuilders in Arizona, Illinois, Texas, Wisconsin, and Florida. Additionally, they own office, industrial, and retail properties primarily in Colorado, with other locations in Maryland, North Dakota, Texas, and Southern California. With an internal management structure, Presidio seeks to provide stability and sustainable performance in the real estate market.

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Presidio Property Trust has declared a cash dividend of $0.19531 per share on its 9.375% Series D Cumulative Redeemable Perpetual Preferred Stock for October 2022, payable on November 15, 2022. Shareholders of record as of October 31, 2022, will receive this payment. The company, which operates a diversified REIT with properties primarily in Texas and Florida, notes its susceptibility to regional market conditions impacted by COVID-19. Presidio also sponsors Murphy Canyon Acquisition Corp. (NASDAQ: MURF) with approximately $140 million in trust.

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Presidio Property Trust has announced the amendment of its line of credit, extending it until October 12, 2023, which offers up to $30 million for model home acquisitions. The facility, provided by First Horizon Bank, aims to support the company's operations in challenging real estate markets. CEO Jack Heilbron expressed optimism about the model home segment's future and the company's ability to capitalize on market opportunities.

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Presidio Property Trust has announced a dividend of $0.19531 per share for its 9.375% Series D Cumulative Redeemable Perpetual Preferred Stock for September 2022. The payment date is set for October 17, 2022, for shareholders on record as of September 30, 2022. The company, which operates a diversified portfolio of real estate, primarily in Texas and Florida, utilizes a clustering strategy to reduce operating costs but remains vulnerable to local market conditions. Presidio also sponsors Murphy Canyon Acquisition Corp., a SPAC with approximately $140 million in trust.

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Presidio Property Trust announced a dividend of $0.19531 per share on its 9.375% Series D Cumulative Redeemable Perpetual Preferred Stock for August 2022. This payment is scheduled for September 15, 2022, to shareholders on record by August 31, 2022. The company, a diversified real estate investment trust (REIT), primarily holds model home properties leased to homebuilders in Texas and Florida, alongside office and retail properties mainly in Colorado. Presidio also sponsors the Murphy Canyon Acquisition Corp., a SPAC with approximately $140 million in trust.

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Presidio Property Trust (NASDAQ:SQFT; SQFTP; SQFTW) declared a cash dividend of $0.19531 per share on its 9.375% Series D Preferred Stock for July 2022. Shareholders on record by July 31, 2022, will receive the dividend on August 15, 2022. Presidio, a diversified real estate investment trust (REIT), focuses on model home properties leased to homebuilders, as well as office, industrial, and retail sectors primarily in Texas, Florida, and Colorado.

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Presidio Property Trust has declared a cash dividend of $0.19531 per share on its 9.375% Series D Cumulative Redeemable Perpetual Preferred Stock for June 2022. The record date for this dividend is June 30, 2022, with payment scheduled for July 15, 2022. This announcement underscores the company’s commitment to returning income to its shareholders amidst its diversified holdings that include model homes and various commercial properties primarily located in Texas and Florida.

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Presidio Property Trust has declared a dividend of $0.19531 per share for its 9.375% Series D Cumulative Redeemable Perpetual Preferred Stock, payable on June 15, 2022. Shareholders of record as of May 31, 2022 will receive this cash dividend. The company, which operates primarily in Texas and Florida, manages diversified real estate including model homes, office, industrial, and retail properties. The announcement highlights the company's continued commitment to providing returns to its shareholders amidst its operational footprint in various states, including Colorado and Maryland.

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Presidio Property Trust has declared a cash dividend of $0.19531 per share on its 9.375% Series D Cumulative Redeemable Perpetual Preferred Stock for April 2022. The dividend will be payable on May 15, 2022, to shareholders of record by April 30, 2022. Presidio is a diversified real estate investment trust (REIT) focused on model home properties, as well as office, industrial, and retail holdings, primarily located in Texas, Florida, and Colorado. They also sponsor the SPAC Murphy Canyon Acquisition Corp., with approximately $140 million held in trust.

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Presidio Property Trust has announced a cash dividend of $0.19531 per share for its 9.375% Series D Cumulative Redeemable Perpetual Preferred Stock for March 2022. This dividend will be payable on April 15, 2022, to shareholders of record as of March 31, 2022. The company operates as a diversified real estate investment trust, focusing on model home properties leased to homebuilders, with significant holdings in Texas and Florida, as well as office and retail properties in Colorado and other states.

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Presidio Property Trust has announced a cash dividend of $0.19531 per share for its 9.375% Series D Cumulative Redeemable Perpetual Preferred Stock for February 2022. This dividend will be paid on March 15, 2022, to shareholders recorded as of February 28, 2022. The company is a diversified real estate investment trust with properties primarily located in Texas and Florida, aiming to reduce operational costs through geographically clustered real estate. For more details, visit PresidioPT.com.

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FAQ

What is the current stock price of Presidio Ppty Tr (SQFTW)?

The current stock price of Presidio Ppty Tr (SQFTW) is $0.03945 as of February 20, 2025.

When was Presidio Property Trust founded?

Presidio Property Trust, Inc. was founded in 1999 as NetREIT

What is Presidio's core business?

Presidio's core business involves owning model home properties leased to homebuilders and office, industrial, and retail properties

Where are Presidio's model homes located?

Presidio's model homes are located in Arizona, Illinois, Texas, Wisconsin, and Florida

What is the geographical focus of Presidio's properties?

Presidio's properties are primarily located in Colorado, with additional locations in Maryland, North Dakota, Texas, and Southern California

How does Presidio seek hidden value in properties?

Presidio acquires properties at attractive prices due to unique seller circumstances and implements an aggressive business plan to unlock hidden value

What is Presidio's approach to property management?

Presidio has an internal management structure to provide stability and sustainable performance in the real estate market

What types of properties does Presidio lease to homebuilders?

Presidio leases model home properties to homebuilders in Arizona, Illinois, Texas, Wisconsin, and Florida

What is the investor relations contact for Presidio Property Trust?

For investor relations, contact Lowell Hartkorn at LHartkorn@presidiopt.com or call (760) 471-8536 x1244

What are some recent achievements of Presidio Property Trust?

Presidio has signed leasing transactions totaling 24,476 sf in the first quarter of 2024, aiming for stable rent roll through the year

What is the financial performance of Presidio Property Trust?

Presidio reported a net loss of approximately $5.8 million for the three months ended March 31, 2024, and FFO and Core FFO metrics are provided for performance evaluation
Presidio Ppty Tr Inc

Nasdaq:SQFTW

SQFTW Rankings

SQFTW Stock Data

12.37M
REIT - Diversified
Real Estate Investment Trusts
Link
United States
SAN DIEGO