Presidio Q3 net loss narrows to $1.9M; revenue falls to $4.2M

Presidio Property Trust, Inc.

Net loss attributable to common stockholders was $1.9M ($1.53 per share), improved from $6.6M loss ($5.33) a year ago.
Total revenue decreased to $4.2M from $4.7M, driven by lower commercial rental income after Feb 2025 property sales.
Core FFO (non-GAAP) turned negative to $(0.3M) from positive $0.2M in Q3 2024; FFO remained flat at $(0.6M).
Sold three model homes for $1.5M net, recognizing a gain of ~$19,685; no acquisitions during the quarter.
Weighted-average interest rate on debt increased to 6.17% from 5.44% YoY; mortgage notes payable fell to $94.6M.

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