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Real Estate - REIT - Diversified - NASDAQ - US
$ 0.721
1.55 %
$ 10.4 M
Market Cap
-0.26
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jan, 18, 2025.

The intrinsic value of one SQFT stock under the worst case scenario is HIDDEN Compared to the current market price of 0.721 USD, Presidio Property Trust, Inc. is HIDDEN

This DCF valuation model was last updated on Jan, 18, 2025.

The intrinsic value of one SQFT stock under the base case scenario is HIDDEN Compared to the current market price of 0.721 USD, Presidio Property Trust, Inc. is HIDDEN

This DCF valuation model was last updated on Jan, 18, 2025.

The intrinsic value of one SQFT stock under the best case scenario is HIDDEN Compared to the current market price of 0.721 USD, Presidio Property Trust, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS
FINANCIALS
17.6 M REVENUE
-0.72%
46.6 M OPERATING INCOME
1897.97%
10.1 M NET INCOME
583.02%
1.49 M OPERATING CASH FLOW
60.40%
120 M INVESTING CASH FLOW
195.20%
-132 M FINANCING CASH FLOW
-103.57%
4.72 M REVENUE
2.98%
-658 K OPERATING INCOME
-17.12%
-3.73 M NET INCOME
68.51%
823 K OPERATING CASH FLOW
212.80%
-2.5 M INVESTING CASH FLOW
-66.75%
346 K FINANCING CASH FLOW
121.00%
Balance Sheet Presidio Property Trust, Inc.
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Current Assets 15 M
Cash & Short-Term Investments 6.51 M
Receivables 2.99 M
Other Current Assets 5.46 M
Non-Current Assets 161 M
Long-Term Investments 18.4 M
PP&E 15.6 K
Other Non-Current Assets 143 M
Current Liabilities 30.4 M
Accounts Payable 4.79 M
Short-Term Debt 23.5 M
Other Current Liabilities 2.13 M
Non-Current Liabilities 84.3 M
Long-Term Debt 84.2 M
Other Non-Current Liabilities 13.3 K
EFFICIENCY
Earnings Waterfall Presidio Property Trust, Inc.
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Revenue 17.6 M
Cost Of Revenue 5.96 M
Gross Profit 11.7 M
Operating Expenses 6.79 M
Operating Income 46.6 M
Other Expenses 36.5 M
Net Income 10.1 M
RATIOS
66.19% GROSS MARGIN
66.19%
264.42% OPERATING MARGIN
264.42%
57.53% NET MARGIN
57.53%
19.92% ROE
19.92%
5.77% ROA
5.77%
30.16% ROIC
30.16%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Presidio Property Trust, Inc.
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Net Income 10.1 M
Depreciation & Amortization 5.43 M
Capital Expenditures 0
Stock-Based Compensation 990 K
Change in Working Capital 229 K
Others -15.8 M
Free Cash Flow 1.49 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Presidio Property Trust, Inc.
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SQFT has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
6.54% DIVIDEND YIELD
0.023 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Presidio Property Trust, Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
1 year ago
Nov 10, 2023
Bought 1.28 K USD
Heilbron Jack Kendrick
CEO and President
+ 100
12.76 USD
1 year ago
Nov 10, 2023
Bought 1.31 K USD
Heilbron Jack Kendrick
CEO and President
+ 100
13.13 USD
1 year ago
Nov 06, 2023
Bought 1.37 K USD
Heilbron Jack Kendrick
CEO and President
+ 100
13.66 USD
1 year ago
Oct 30, 2023
Bought 1.37 K USD
Heilbron Jack Kendrick
CEO and President
+ 100
13.73 USD
1 year ago
Oct 18, 2023
Bought 3 K USD
Heilbron Jack Kendrick
CEO and President
+ 200
15 USD
1 year ago
Sep 28, 2023
Bought 3.11 K USD
Heilbron Jack Kendrick
CEO and President
+ 200
15.54 USD
1 year ago
Sep 28, 2023
Bought 4.55 K USD
Heilbron Jack Kendrick
CEO and President
+ 300
15.17 USD
1 year ago
Sep 26, 2023
Bought 1.59 K USD
Heilbron Jack Kendrick
CEO and President
+ 100
15.92 USD
1 year ago
Sep 26, 2023
Bought 5.87 K USD
Heilbron Jack Kendrick
CEO and President
+ 366
16.03 USD
1 year ago
Sep 26, 2023
Bought 10.2 K USD
Heilbron Jack Kendrick
CEO and President
+ 634
16.09 USD
1 year ago
Sep 05, 2023
Bought 6.77 K USD
Heilbron Jack Kendrick
CEO and President
+ 8696
0.779 USD
1 year ago
Aug 22, 2023
Bought 156 USD
Heilbron Jack Kendrick
CEO and President
+ 197
0.7911 USD
1 year ago
Aug 17, 2023
Bought 8.15 K USD
Heilbron Jack Kendrick
CEO and President
+ 10000
0.815 USD
1 year ago
Aug 17, 2023
Bought 1.48 K USD
Heilbron Jack Kendrick
CEO and President
+ 1800
0.82 USD
1 year ago
Jun 23, 2023
Bought 1.51 K USD
Heilbron Jack Kendrick
CEO and President
+ 1785
0.8467 USD
1 year ago
Jun 20, 2023
Bought 1.03 K USD
Heilbron Jack Kendrick
CEO and President
+ 1195
0.8598 USD
1 year ago
Jun 20, 2023
Bought 7.57 K USD
Heilbron Jack Kendrick
CEO and President
+ 8805
0.8597 USD
1 year ago
Jun 15, 2023
Bought 271 USD
Heilbron Jack Kendrick
CEO and President
+ 300
0.9018 USD
1 year ago
Jun 15, 2023
Bought 6.22 K USD
Heilbron Jack Kendrick
CEO and President
+ 400
15.55 USD
1 year ago
May 19, 2023
Bought 1.55 K USD
Heilbron Jack Kendrick
CEO and President
+ 100
15.5 USD
1 year ago
May 18, 2023
Bought 2.23 K USD
Heilbron Jack Kendrick
CEO and President
+ 2800
0.7948 USD
1 year ago
May 16, 2023
Bought 1.52 K USD
Heilbron Jack Kendrick
CEO and President
+ 100
15.21 USD
2 years ago
Dec 22, 2022
Bought 733 USD
Heilbron Jack Kendrick
CEO and President
+ 793
0.924 USD
2 years ago
Dec 19, 2022
Bought 940 USD
Heilbron Jack Kendrick
CEO and President
+ 1000
0.9401 USD
2 years ago
Dec 19, 2022
Bought 954 USD
Heilbron Jack Kendrick
CEO and President
+ 1000
0.954 USD
2 years ago
Dec 19, 2022
Bought 968 USD
Heilbron Jack Kendrick
CEO and President
+ 1000
0.968 USD
2 years ago
Dec 19, 2022
Bought 1.27 K USD
Heilbron Jack Kendrick
CEO and President
+ 1300
0.9791 USD
2 years ago
Dec 19, 2022
Bought 1.98 K USD
Heilbron Jack Kendrick
CEO and President
+ 2000
0.99 USD
2 years ago
Dec 19, 2022
Bought 3 K USD
Heilbron Jack Kendrick
CEO and President
+ 3000
1 USD
2 years ago
Dec 16, 2022
Bought 4.04 K USD
Heilbron Jack Kendrick
CEO and President
+ 4000
1.01 USD
2 years ago
Dec 01, 2022
Bought 18.3 K USD
Heilbron Jack Kendrick
CEO and President
+ 994
18.37 USD
2 years ago
Nov 29, 2022
Bought 16.8 K USD
Heilbron Jack Kendrick
CEO and President
+ 906
18.55 USD
2 years ago
Nov 23, 2022
Bought 5.75 K USD
Heilbron Jack Kendrick
CEO and President
+ 300
19.18 USD
2 years ago
Sep 22, 2022
Bought 5.88 K USD
KATZ GARY MORRIS
SVP, Asset Management
+ 265
22.1736 USD
2 years ago
Sep 22, 2022
Bought 6.52 K USD
Sragovicz Adam
Chief Financial Officer
+ 300
21.75 USD
2 years ago
Jun 14, 2022
Bought 6.21 K USD
Heilbron Jack Kendrick
CEO and President
+ 2097
2.96 USD
2 years ago
Jun 14, 2022
Bought 1.74 K USD
Heilbron Jack Kendrick
CEO and President
+ 600
2.9 USD
2 years ago
Jun 14, 2022
Bought 1.46 K USD
Heilbron Jack Kendrick
CEO and President
+ 500
2.93 USD
2 years ago
May 25, 2022
Bought 1.6 K USD
Heilbron Jack Kendrick
CEO and President
+ 10000
0.16 USD
3 years ago
Dec 21, 2021
Bought 10.5 K USD
Heilbron Jack Kendrick
CEO and President
+ 500
21.04 USD
3 years ago
Dec 17, 2021
Bought 6.75 K USD
Heilbron Jack Kendrick
CEO and President
+ 300
22.51 USD
3 years ago
Dec 06, 2021
Bought 3.88 K USD
Heilbron Jack Kendrick
CEO and President
+ 1100
3.53 USD
3 years ago
Dec 01, 2021
Bought 11.8 K USD
Sragovicz Adam
Chief Financial Officer
+ 500
23.5 USD
3 years ago
Dec 01, 2021
Bought 7.02 K USD
Heilbron Jack Kendrick
CEO and President
+ 300
23.41 USD
3 years ago
Sep 20, 2021
Bought 17.8 K USD
Heilbron Jack Kendrick
CEO and President
+ 5100
3.5 USD
3 years ago
Sep 20, 2021
Bought 1.73 K USD
Heilbron Jack Kendrick
CEO and President
+ 496
3.49 USD
3 years ago
Sep 20, 2021
Bought 374 USD
Heilbron Jack Kendrick
CEO and President
+ 110
3.4 USD
3 years ago
Aug 19, 2021
Bought 602 USD
Heilbron Jack Kendrick
CEO and President
+ 165
3.65 USD
3 years ago
Aug 17, 2021
Bought 36 K USD
DURFEY JAMES ROBERT
Director
+ 10000
3.6 USD
3 years ago
Aug 18, 2021
Bought 7.38 K USD
DURFEY JAMES ROBERT
Director
+ 2000
3.6905 USD
3 years ago
Aug 16, 2021
Bought 3.57 K USD
Heilbron Jack Kendrick
CEO and President
+ 1000
3.57 USD
3 years ago
Aug 16, 2021
Bought 1.06 K USD
Heilbron Jack Kendrick
CEO and President
+ 300
3.54 USD
3 years ago
Aug 16, 2021
Bought 2.9 K USD
Dubose Larry Gene
Director
+ 827
3.51 USD
3 years ago
Aug 13, 2021
Bought 26.7 K USD
Dubose Larry Gene
Director
+ 7400
3.61 USD
3 years ago
Jun 16, 2021
Sell 24.5 K USD
KATZ GARY MORRIS
SVP, Asset Management
- 6000
4.0795 USD
3 years ago
Jun 16, 2021
Sell 1.65 K USD
Bruen David
Director
- 400
4.13 USD
3 years ago
Jun 16, 2021
Sell 2.48 K USD
Bruen David
Director
- 600
4.14 USD
3 years ago
Jun 16, 2021
Sell 1.23 K USD
Bruen David
Director
- 300
4.11 USD
3 years ago
Jun 16, 2021
Sell 2.04 K USD
Bruen David
Director
- 500
4.08 USD
3 years ago
Jun 16, 2021
Sell 816 USD
Bruen David
Director
- 200
4.08 USD
3 years ago
Jun 16, 2021
Bought 2.46 K USD
Bentzen Edwin H IV
Chief Accounting Officer
+ 100
24.64 USD
3 years ago
Jun 16, 2021
Bought 2.46 K USD
Bentzen Edwin H IV
Chief Accounting Officer
+ 100
24.63 USD
3 years ago
Jun 11, 2021
Bought 25 K USD
Sragovicz Adam
Chief Financial Officer
+ 1000
25 USD
3 years ago
Jun 11, 2021
Bought 25 K USD
Heilbron Jack Kendrick
CEO and President
+ 1000
25 USD
3 years ago
Jun 11, 2021
Bought 2.41 K USD
Heilbron Jack Kendrick
CEO and President
+ 100
24.12 USD
4 years ago
Dec 10, 2020
Bought 256 USD
Heilbron Jack Kendrick
CEO and President
+ 94
2.72 USD
4 years ago
Dec 10, 2020
Bought 5.56 K USD
Heilbron Jack Kendrick
CEO and President
+ 2000
2.78 USD
5 years ago
Dec 30, 2019
Bought 11.6 K USD
Heilbron Jack Kendrick
Chief Executive Officer
+ 3098
3.75 USD
6 years ago
Apr 24, 2018
Bought 4.52 K USD
Heilbron Jack Kendrick
Chief Executive Officer
+ 951.6814
4.75 USD
7 years ago
Feb 09, 2017
Bought 3 K USD
Heilbron Jack Kendrick
Chief Executive Officer
+ 500
6 USD
7 years ago
Feb 09, 2017
Bought 3 K USD
Elsberry Kenneth Wayne
Director
+ 500
6 USD
8 years ago
Sep 21, 2016
Bought 6.5 K USD
Elsberry Kenneth Wayne
Director
+ 1000
6.5 USD
8 years ago
Sep 21, 2016
Bought 6.5 K USD
Heilbron Jack Kendrick
Chief Executive Officer
+ 1000
6.5 USD
8 years ago
Mar 07, 2016
Bought 13 K USD
Heilbron Jack Kendrick
Chief Executive Officer
+ 2000
6.5 USD
10 years ago
Jan 12, 2015
Sell 148 K USD
Allen William
Director
- 18806.34
7.86 USD
9 years ago
Sep 28, 2015
Bought 12.1 K USD
Heilbron Jack Kendrick
Chief Executive Officer
+ 2310
5.25 USD
9 years ago
May 01, 2015
Bought 5.25 K USD
Heilbron Jack Kendrick
Chief Executive Officer
+ 750
7 USD
9 years ago
May 01, 2015
Bought 5.25 K USD
Elsberry Kenneth Wayne
Chief Financial Officer
+ 750
7 USD
10 years ago
Jan 12, 2015
Sell 148 K USD
Allen William
Director
- 18806.34
7.86 USD
10 years ago
Oct 09, 2014
Bought 3.5 K USD
Heilbron Jack Kendrick
Chief Executive Officer
+ 500
7 USD
10 years ago
Oct 09, 2014
Bought 3.5 K USD
Elsberry Kenneth Wayne
Chief Financial Officer
+ 500
7 USD
11 years ago
Jan 02, 2014
Sell 0 USD
Heilbron Jack Kendrick
Chief Executive Officer
- 7729.9
0 USD
10 years ago
Apr 01, 2014
Bought 148 K USD
Allen William
Director
+ 18806.34
7.86 USD
11 years ago
Jan 02, 2014
Sell 0 USD
Heilbron Jack Kendrick
Chief Executive Officer
- 7729.9
0 USD
11 years ago
Jan 02, 2014
Bought 165 K USD
Allen William
Director
+ 21000
7.86 USD
11 years ago
Jan 02, 2014
Sell 165 K USD
Allen William
Director
- 21000
7.86 USD
11 years ago
May 07, 2013
Bought 3.5 K USD
Elsberry Kenneth Wayne
Chief Financial Officer
+ 412
8.5 USD
11 years ago
Feb 27, 2013
Bought 2.18 K USD
Elsberry Kenneth Wayne
Chief Financial Officer
+ 272.303
8 USD
12 years ago
Jun 08, 2012
Bought 2.16 K USD
Elsberry Kenneth Wayne
Chief Financial Officer
+ 270.615
8 USD
13 years ago
Mar 28, 2011
Sell 12.8 K USD
Rollings Sumner James
Director
- 1376.33
9.3 USD
13 years ago
Mar 24, 2011
Sell 15 K USD
Rollings Sumner James
Director
- 1744.186
8.6 USD
14 years ago
Apr 05, 2010
Sell 15.8 K USD
Rollings Sumner James
Director
- 1703.05
9.3 USD
13 years ago
Mar 24, 2011
Sell 13 K USD
STALLER BRUCE A
Director
- 1511.628
8.6 USD
13 years ago
Mar 24, 2011
Sell 14.6 K USD
SCHWARTZ THOMAS E
Director
- 1700
8.6 USD
13 years ago
Mar 24, 2011
Sell 12.9 K USD
Bruen David
Director
- 1500
8.6 USD
13 years ago
Mar 24, 2011
Sell 15 K USD
Allen William
Director
- 1744.186
8.6 USD
14 years ago
Apr 15, 2010
Bought 4.73 K USD
Elsberry Kenneth Wayne
Chief Financial Officer
+ 473.376
10 USD
15 years ago
Jan 11, 2010
Sell 26.1 K USD
Heilbron Jack Kendrick
Chief Executive Officer
- 2610
10 USD
15 years ago
Jan 11, 2010
Sell 4 K USD
Heilbron Jack Kendrick
Chief Executive Officer
- 400
10 USD
15 years ago
Dec 29, 2009
Sell 30 K USD
Rollings Sumner James
Director
- 3000
10 USD
15 years ago
Jan 11, 2010
Sell 30 K USD
SCHWARTZ THOMAS E
Director
- 3000
10 USD
15 years ago
Jan 11, 2010
Sell 2 K USD
Elsberry Kenneth Wayne
Chief Financial Officer
- 243.102
8.227 USD
15 years ago
Nov 04, 2009
Sell 240 K USD
Allen William
Director
- 25789.66
9.3 USD
15 years ago
Sep 04, 2009
Sell 30 K USD
STALLER BRUCE A
Director
- 3000
10 USD
15 years ago
Jun 05, 2009
Sell 20 K USD
SCHWARTZ THOMAS E
Director
- 2000
10 USD
15 years ago
Apr 24, 2009
Sell 5 K USD
Rollings Sumner James
Director
- 537.634
9.3 USD
15 years ago
Apr 24, 2009
Bought 5 K USD
Rollings Sumner James
Director
+ 537.634
9.3 USD
16 years ago
Jul 16, 2008
Bought 5 K USD
Heilbron Jack Kendrick
Chief Executive Officer
+ 502.956
9.933 USD
16 years ago
Dec 31, 2008
Sell 20 K USD
Rollings Sumner James
Director
- 2000
10 USD
7. News
Presidio Property Trust Announces Series D Preferred Stock Cash Dividend SAN DIEGO, Jan. 06, 2025 (GLOBE NEWSWIRE) -- (NASDAQ: SQFT; SQFTP; SQFTW) Presidio Property Trust, Inc. (“Presidio” or the “Company”), an internally managed, diversified real estate investment trust (“REIT”), today announced that its Board of Directors has authorized, and the Company has declared, a dividend on its 9.375% Series D Cumulative Redeemable Perpetual Preferred Stock (the “Series D Preferred Stock”) for the months of January 2025, February 2025 and March 2025. globenewswire.com - 1 week ago
Presidio Property Trust Announces Update of Share Repurchase Program SAN DIEGO, Dec. 19, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: SQFT; SQFTP; SQFTW) Presidio Property Trust, Inc. (“Presidio” or the “Company”), an internally managed, diversified real estate investment trust (“REIT”), today announced that its Board of Directors has approved a share repurchase plan authorizing the Company to repurchase up to $6 million of its outstanding shares of Series A Common Stock and up to $4 million of its outstanding shares of Series D Preferred Stock. Under the share repurchase program, the shares may be repurchased from time to time using a variety of methods, which may include open market transactions, privately negotiated transactions or otherwise, all in accordance with the rules of the Securities and Exchange Commission and other applicable legal requirements. globenewswire.com - 1 month ago
Presidio Granted Second 180-Day Period by Nasdaq to Regain Compliance with Minimum Bid Price Rule SAN DIEGO, Dec. 06, 2024 (GLOBE NEWSWIRE) -- Presidio Property Trust, Inc. (“Presidio” or the “Company”) (NASDAQ: SQFT; SQFTP; SQFTW), an internally managed, diversified real estate investment trust (“REIT”), today announced that the Company has been granted an additional 180-day period from Nasdaq's Listing Qualification Department, through June 2, 2025, to regain compliance with the $1.00 minimum bid price requirement for continued listing on the Nasdaq Capital Market. The Company's common stock continues to trade on the Nasdaq Capital Market under the symbol “SQFT. globenewswire.com - 1 month ago
Readers Identify 25 Ideal September Dividend Buys Out Of 39 Picks Since May 2017, any dividend-paying stock mentioned by readers is included in my reader favorite listings, highlighting potential opportunities and risks. My stock lists aim to identify promising dividend stocks, using a contrarian investing strategy, primarily for new buyers seeking high-yield opportunities. Reader feedback is crucial for correcting errors and refining strategies, including suggestions for buy-and-hold stocks and option strategies for monthly dividends. seekingalpha.com - 3 months ago
Presidio Property Trust Provides Update on Model Home Activity in Q3 2024 SAN DIEGO, Oct. 17, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: SQFT; SQFTP; SQFTW) Presidio Property Trust, Inc. (“Presidio” or the “Company”), an internally managed, diversified real estate investment trust (“REIT”) announced that in third quarter of 2024, through subsidiary and affiliate entities, it acquired seven newly constructed single-family model home properties located in Texas. These seven homes were purchased for a total of approximately $4 million, with mortgage notes payable of approximately $2.8 million, and approximately $1.2 million in cash. globenewswire.com - 3 months ago
Presidio Property Trust Announces Series D Preferred Stock Cash Dividend SAN DIEGO, Oct. 01, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: SQFT; SQFTP; SQFTW) Presidio Property Trust, Inc. (“Presidio” or the “Company”), an internally managed, diversified real estate investment trust (“REIT”), today announced that its Board of Directors has authorized, and the Company has declared, a dividend on its 9.375% Series D Cumulative Redeemable Perpetual Preferred Stock (the “Series D Preferred Stock”) for the months of October 2024, November 2024 and December 2024. globenewswire.com - 3 months ago
Presidio Property Trust, Inc. Announces Earnings for the Second Quarter Ended June 30, 2024 SAN DIEGO, CA / ACCESSWIRE / August 14, 2024 / Presidio Property Trust, Inc. (NASDAQ:SQFT)(NASDAQ:SQFTP)(NASDAQ:SQFTW) (the "Company"), an internally managed, diversified real estate investment trust ("REIT"), today reported earnings for its quarter ended June 30, 2024. "During the first and second quarters, we entered into 10 leases with new tenants totaling nearly 36,000 sf. accesswire.com - 5 months ago
Presidio Property Trust Announces Series D Preferred Stock Cash Dividend SAN DIEGO, Calif., July 16, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: SQFT; SQFTP; SQFTW) Presidio Property Trust, Inc. (“Presidio” or the “Company”), an internally managed, diversified real estate investment trust (“REIT”), today announced that its Board of Directors has authorized, and the Company has declared, a dividend on its 9.375% Series D Cumulative Redeemable Perpetual Preferred Stock (the “Series D Preferred Stock”) for the months of July 2024, August 2024 and September 2024. globenewswire.com - 6 months ago
The Dangers Of High Yield Preferreds Some high yield preferreds offer stable double-digit yields and potential for capital gains, trading at discounts to par value. Preferreds are paid through dividends, liquidation preference, and redemption, but sit below debt in the capital stack, making them riskier than bonds. Risks include lack of equity cushion, business volatility, and bad actor risk, highlighting the importance of thorough research and caution when investing in preferreds. seekingalpha.com - 6 months ago
Presidio Property Trust Provides Update on Model Home Activity in Q2 2024 SAN DIEGO, July 02, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: SQFT; SQFTP; SQFTW) Presidio Property Trust, Inc. (“Presidio” or the “Company”), an internally managed, diversified real estate investment trust (“REIT”) announced that in second quarter of 2024, through subsidiary and affiliate entities, it acquired seven newly constructed single-family model home properties located in Texas. These seven homes were purchased for a total of approximately $3.5 million, with mortgage notes payable of approximately $2.4 million, and approximately $1.1 million in cash. globenewswire.com - 6 months ago
Presidio Property Trust Announces Closing of $1.74 Million Public Offering of Series D Preferred Stock SAN DIEGO, June 24, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: SQFT) Presidio Property Trust, an internally managed, diversified real estate investment trust ("REIT"), today announced the closing of its public offering of 109,054 shares of its 9.375% Series D Cumulative Redeemable Perpetual Preferred Stock par value $0.01 per share (the "Series D Preferred Stock") at a price to the public of $16.00 per share for gross proceeds of approximately $1.74 million, before deducting underwriting discounts and offering expenses. globenewswire.com - 6 months ago
Presidio Property Trust Announces Pricing of $1.74 Million Public Offering of Series D Preferred Stock SAN DIEGO, CA / ACCESSWIRE / June 20, 2024 / (NASDAQ:SQFT) Presidio Property Trust, an internally managed, diversified real estate investment trust ("REIT"), today announced the pricing of its public offering of 109,054 shares of its 9.375% Series D Cumulative Redeemable Perpetual Preferred Stock par value $0.01 per share (the "Series D Preferred Stock") at a price to the public of $16.00 per share. Gross proceeds from the offering are expected to be approximately $1.74 million, before deducting underwriting discounts and offering expenses. accesswire.com - 6 months ago
8. Profile Summary

Presidio Property Trust, Inc. SQFT

image
COUNTRY US
INDUSTRY REIT - Diversified
MARKET CAP $ 10.4 M
Dividend Yield 6.54%
Description The Company is an internally managed, diversified REIT (formerly named NetREIT). The Company acquires, owns and manages a geographically diversified portfolio of real estate assets including office, industrial, retail and model home residential properties leased to homebuilders located throughout the United States. As of September 30, 2020, the Company owned or had an equity interest in: 128 Model Homes that are owned by six affiliated limited partnerships and one wholly-owned corporation; Ten office buildings and one industrial property, which totals approximately 998,016 rentable square feet; and Four retail shopping centers, which total approximately 131,722 rentable square feet.
Contact 4995 Murphy Canyon Road, San Diego, CA, 92123 https://www.presidiopt.com
IPO Date Oct. 7, 2020
Employees 15
Officers Mr. Jack Kendrick Heilbron Chairman, President & Chief Executive Officer Mr. Gary Morris Katz Chief Investment Officer Mr. Steven Foss Director of Investor Relations Mr. Steve Hightower President NetREIT Advisors & Director Mr. Edwin H. Bentzen IV Chief Financial Officer