---
schema_version: "secwatch.filing_event.v1"
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"
generated_at: "2026-05-16T08:21:17.086325+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: negative
- materiality_score: 0.8
- confidence: high
- sec_items: 2.04
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1080657/000149315226003424/0001493152-26-003424-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1080657/000149315226003424/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-003424
- JSON: https://secwatch.observer/filing/0001493152-26-003424.json
- Plain text: https://secwatch.observer/filing/0001493152-26-003424.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.