Presidio receives default notice on $17.7M note; foreclosure threat on Colorado property

Presidio Property Trust, Inc.

Borrower failed to repay $17.7M note due Jan 5, 2026; Lender alleges event of default.
Default interest rate raised to 5% above original 4.92% (approx 9.92% per annum).
Lender has right to foreclose on Shea Center II property in Douglas County, Colorado.
Lender revoked borrower's license to collect rents from the property.
Company exploring options to cure the alleged default.

item 2.04

Machine-readable event card

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accession: 0001493152-26-003424
form_type: 8-K
ticker: SQFT
cik: 0001080657
company_name: Presidio Property Trust, Inc.
filed_at: 2026-01-23T23:59:59+00:00
discovered_at: 2026-05-14T18:02:34.510709+00:00
generated_at: 2026-05-16T08:21:17.086325+00:00
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event_type: debt
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Source: SEC EDGAR

accession 0001493152-26-003424

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