secwatch.observer — SEC 8-K summary
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Issuer:     Presidio Property Trust, Inc. (SQFT)
CIK:        0001080657
Form:       8-K
Filed at:   2025-01-29T23:59:59+00:00
Accession:  0001493152-25-004167
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Presidio Property Trust sold 5 model homes for $2.7M in Q4 2024
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- Sold five homes for total ~$2.7M; acquisition cost of those homes was ~$2.5M (purchased 2017–2022).
- Model homes account for ~29% of net real estate assets; wholly owned 55 of 78 model homes as of Dec 31, 2024.
- Division president says sales were on par with expectations; seasonal and election cycles slowed activity.
- Company continues to evaluate purchase opportunities from homebuilders in multiple markets.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1080657/000149315225004167/0001493152-25-004167-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1080657/000149315225004167/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-004167

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer