Highest-materiality recent filing
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 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 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.
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 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 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 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 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.
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 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.
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