secwatch.observer — SEC 8-K summary
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Issuer:     Presidio Property Trust, Inc. (SQFT)
CIK:        0001080657
Form:       8-K
Filed at:   2026-03-30T23:59:59+00:00
Accession:  0001493152-26-013371
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Presidio Property Trust reports FY2025 net loss $10.5M; revenue down 11% to $16.8M
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- Net loss attributable to common stockholders ~$10.5M ($8.59/share) vs ~$27.9M ($22.50/share) for FY2024.
- Total revenue $16.8M, down 11.2% from $18.9M; rental operating costs $6.2M, G&A $5.7M (down 24.2%).
- Non-cash impairment charge $6.4M on real estate, primarily Shea Center II and Dakota Center; FFO $(3.8M), Core FFO $(2.7M).
- Sold 20 model homes for $9.8M (gain $1.0M) and two commercial properties for $15.9M (gain $4.5M); acquired 22 model homes for $9.4M.
- Subsequent: sold Dakota Center for $5.125M (Jan 2026) and five Texas model homes for ~$2.5M (gain $0.1M) in Feb/Mar 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1080657/000149315226013371/0001493152-26-013371-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1080657/000149315226013371/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-013371

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