Presidio Property Trust suspends Series D preferred stock dividend; to preserve ~$2.3M cash annually

Presidio Property Trust, Inc.

Monthly dividend on 9.375% Series D Cumulative Redeemable Perpetual Preferred Stock suspended starting Jan 2026 payment (due Feb 15, 2026).
Unpaid dividends will accrue at $0.19531 per share each month.
Estimated cash preservation of approximately $2.3 million annually.
CEO cites CMBS office mortgage delinquency rates above 2008 levels; company focusing on Model Home portfolio and reducing expenses.
Board will reassess quarterly for reinstatement or payment of accrued dividends.

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