Highest-materiality recent filing
Re-elected directors Jack Heilbron and James Durfey to three-year terms (For ~417k, Withheld ~52k each).
Presidio Property Trust posts Q1 net loss of $130K vs prior-year income; revenue down 7%
Net loss of ~$130K vs $1.7M income a year ago; diluted EPS -$0.10 vs +$1.31.
Presidio Property Trust reports FY2025 net loss $10.5M; revenue down 11% to $16.8M
Net loss attributable to common stockholders ~$10.5M ($8.59/share) vs ~$27.9M ($22.50/share) for FY2024.
Wells Fargo issued Default Notice on Jan 21, 2026 for failure to repay $17,727,500 note due Jan 5, 2026.
Presidio Property Trust suspends Series D preferred stock dividend; to preserve ~$2.3M cash annually
Monthly dividend on 9.375% Series D Cumulative Redeemable Perpetual Preferred Stock suspended starting Jan 2026 payment (due Feb 15, 2026).
Presidio receives default notice on $17.7M note; foreclosure threat on Colorado property
Borrower failed to repay $17.7M note due Jan 5, 2026; Lender alleges event of default.
Presidio Property Trust hires Acorn Management Partners for IR and capital markets
Engaged Acorn Management Partners LLC to enhance visibility, strengthen market perception, and expand access to high-quality investors.
Presidio Q3 net loss narrows to $1.9M; revenue falls to $4.2M
Net loss attributable to common stockholders was $1.9M ($1.53 per share), improved from $6.6M loss ($5.33) a year ago.
Presidio Property Trust enters ATM equity offering of up to $1.4M with Benchmark Company
Entered Sales Agreement with The Benchmark Company, LLC for at-the-market offering of up to $1,419,265 of Series A common stock.
Presidio Property Trust sells 3 model homes for $1.6M in Q3 2025; refinances office building
Sold 3 model homes for ~$1.6M total; originally acquired for ~$1.7M in 2022-23.
Presidio Property Trust declares continued monthly dividends on Series D Preferred Stock for Q4 2025
Dividend of $0.19531 per share declared for October, November, and December 2025 on 9.375% Series D Preferred Stock.
Presidio Property Trust refinances One Park Center with $6.1M loan at 6.83% for 5 years
Loan of $6.1M, 5-year term, 6.83% interest, interest-only first 6 months, no prepayment penalty.
Presidio Q2 net loss $5.9M ($5.13/sh); impairments total $4.3M; revenue $4.4M
Net loss of $5.9M ($5.13 diluted) vs $12.4M loss ($9.97) in Q2 2024; loss narrowed but remains negative.
Gross proceeds ~$2.05M from sale of 140,000 common shares and 30,830 pre-funded warrants at $12.00/unit.
Presidio declares regular monthly dividends on Series D Preferred Stock for July-September 2025
Dividend of $0.19531 per share declared for July, August, and September 2025.
Presidio Property Trust reports Q2 2025 model home activity: sold 7 homes for $3.5M
Sold 7 model homes for ~$3.5M in Q2 2025; acquired for ~$3.2M (2020–2023).
Presidio Property Trust appoints Baker Tilly as auditor after Moss Adams merger
Moss Adams merged with Baker Tilly effective June 3, 2025; Baker Tilly appointed as successor independent auditor.
Presidio Property Trust regains Nasdaq minimum bid price compliance
Received formal Nasdaq notice on June 3, 2025 confirming bid price compliance.
Presidio Property Trust annual meeting: incentive plan approved, preferred auth. increase fails
Directors Barnes and Hager re-elected; Moss Adams ratified as auditor for FY2025.
Presidio Property Trust announces 1-for-10 reverse stock split to regain Nasdaq compliance
Reverse split effective at market open on May 19, 2025; ratio 1-for-10.
Presidio swings to Q1 net income $1.7M ($0.13/sh) vs loss $5.8M YoY
Net income attributable to common stockholders $1.7M ($0.13 diluted EPS) vs net loss $5.8M (-$0.47) in Q1 2024.
Presidio Property Trust completes self-tender for 2.14M shares at $0.68 each
Validly tendered 2,144,116 shares accepted for purchase at $0.68 per share.
David Bruen resigns from Presidio Property Trust board effective April 10, 2025
David Bruen resigned as director effective April 10, 2025; resignation not caused by any disagreement with the company.
Presidio Property corrects net real estate assets to $127.6M; reports $27.9M net loss for 2024
Net loss of $27.9M ($2.25 per share) vs net income of $8.0M in 2023.
Tender offer for up to 2,000,000 shares of Series A common stock at $0.68 per share, plus odd lot shares.
Presidio Property Trust declares Series D Preferred dividend for Apr-Jun 2025 at $0.19531/sh
April dividend $0.19531/sh, payable May 15, 2025, record Apr 30, 2025.
Presidio Property Trust reports FY2024 net loss of $27.9M, revenue up 7% to $18.9M
Net loss attributable to common stockholders of $27.9M ($2.25 per share) vs net gain of $8.0M in 2023.
Presidio Property Trust reports maturity default on $11.1M loan secured by Dakota Center
Default on $11.1M non-recourse loan (June 2014) secured by Dakota Center in Fargo, ND.
Presidio sells 2 model homes ($1.04M) and 2 commercial properties ($16.95M) in Jan-Feb 2025
Sold two model homes for ~$1.04M, acquired in 2023 for ~$0.9M.
Presidio Property Trust sells Union Town Center and Research Parkway in Colorado Springs
Sale of two properties: Union Town Center and Research Parkway, multi-building retail center in Colorado Springs, CO.
Presidio Property Trust sold 5 model homes for $2.7M in Q4 2024
Sold five homes for total ~$2.7M; acquisition cost of those homes was ~$2.5M (purchased 2017–2022).
Presidio Property Trust declares Series D Preferred dividend of $0.19531/share for Jan-Mar 2025
January 2025 dividend $0.19531/share, payable Feb 17, 2025 to holders of record Jan 31, 2025.
Presidio Property Trust authorizes $10M share repurchase: $6M common, $4M preferred
Board approved repurchase of up to $6M of Series A Common Stock and $4M of Series D Preferred Stock.
Presidio Property Trust gets second 180-day Nasdaq extension to June 2, 2025 to meet $1 bid price
Nasdaq granted additional 180-day period until June 2, 2025, to regain compliance with $1 minimum bid price rule.
Presidio Q3 model home update: bought 7 Texas homes for ~$4M, sold 4 for ~$2.4M
Acquired 7 model homes in Texas for ~$4M total, with ~$2.8M mortgage notes and ~$1.2M cash.
Presidio Property Trust declares Series D Preferred Stock cash dividends for Q4 2024
Dividend of $0.19531 per share declared for October 2024, payable Nov 15 to holders of record Oct 31.
Presidio Property Trust dismisses Baker Tilly, hires Moss Adams as auditor
Dismissed Baker Tilly effective August 19, 2024; no adverse opinions or disagreements in prior audits.
Presidio Property Trust Q2 net loss $12.4M ($1.00/sh) on $4.6M revenue
Net loss widened to $12.4M ($1.00/share) from $1.8M ($0.15) YoY, driven by $10.0M loss on Conduit investment.
Dividend of $0.19531 per share for July, August, and September 2024.
Presidio Property Trust acquires 7 model homes for $3.5M, sells 15 for $8.1M in Q2 2024
Acquired 7 newly constructed single-family model homes in Texas for ~$3.5M total, with $2.4M mortgages and $1.1M cash.
David T. Bruen and Steve Hightower re-elected as directors with ~7.46M and 7.42M votes for.
Presidio Property Trust closes $1.74M public offering of Series D Preferred Stock
Gross proceeds of ~$1.74M from 109,054 shares at $16.00/share; Series D preferred carries a 9.375% cumulative dividend.
Presidio Property Trust receives Nasdaq bid-price deficiency notice; cure by Dec 4, 2024
Received letter on June 7, 2024; common stock bid price below $1.00 for 30 consecutive business days.
Presidio investee Conduit Pharmaceuticals to join Russell 2000/3000 indexes
Conduit Pharmaceuticals (CDT) expected to be added to Russell 2000 and 3000 effective July 1, 2024.
Presidio Property Trust Q1 net loss widens to $5.8M; common dividend suspended
Net loss attributable to common stockholders: $5.8M ($0.47/sh) vs $1.5M ($0.13/sh) in Q1 2023.
Presidio Property Trust reaches cooperation agreement with Zuma; appoints Elena Piliptchak to board
Zuma group holds 1,103,655 shares (~7.6% of common stock), withdraws director nominations.
Presidio Board rejects Zuma Capital Management's director nominations as non-compliant with bylaws
Presidio sent letter to Zuma on April 11, 2024, rejecting Zuma's purported notice of nominations.
Presidio Property Trust announces KLJ Engineering lease commencement; adds $536K annual rent
KLJ Engineering commenced occupancy at Grand Pacific Center in Dec 2023 for 33,296 sq ft.
Presidio declares Series D Preferred dividend $0.19531/share for Apr-Jun 2024
Dividend of $0.19531 per share on Series D Preferred Stock declared for April, May, June 2024.
Board classified into three classes under Maryland law, effective March 18, 2024.
On April 10, 2025, David Bruen notified Presidio Property Trust, Inc. (the “Company”) of his resignation as a director of the Company, effective immediately.
Effective May 9, 2024, Elena Piliptchak has been appointed as a Class III member of the Board.
On September 22, 2023, Adam Sragovicz notified Presidio Property Trust, Inc. (the “Company”) of his resignation as Chief Financial Officer, effective immediately.
Effective September 22, 2023, the Company appointed Mr. Edwin H. Bentzen IV, age 47, to serve as its Chief Financial Officer.
On February 24, 2023, the Board of Directors (the “Board”) of Presidio Property Trust, Inc. (the “Company”) appointed Tracie Hager and Steven Hightower as directors.
On February 24, 2023, the Board of Directors (the “Board”) of Presidio Property Trust, Inc. (the “Company”) appointed Tracie Hager and Steven Hightower as directors.
Presidio Property Trust, Inc. (the “Company”) regrets to announce that Sumner J. Rollings passed away on February 14, 2022.
Adam Sragovicz, the Chief Financial Officer of Presidio Property Trust, Inc. (the “Company”), is expected to resign from all positions with the Company upon the closing of the business combination transaction and join the combined company as its Chief Financial Officer.
Effective December 16, 2021, Presidio Property Trust, Inc. (“Company”) appointed Mr. Gary Katz, age 58, to serve as its Chief Investment Officer.
Max materiality 0.80 · Median 0.50 · Most common event other_material