Welcome to our dedicated page for Presidio Ppty Tr news (Ticker: SQFTW), a resource for investors and traders seeking the latest updates and insights on Presidio Ppty Tr stock.
Presidio Property Trust Inc (SQFTW) is a diversified real estate investment trust (REIT) employing a contrarian strategy focused on model home properties and commercial real estate assets. This news hub provides investors with centralized access to official announcements, financial updates, and strategic developments.
Key resources include earnings reports, acquisition details, portfolio expansions, and management insights. Track updates on triple-net leased model homes, commercial property performance, and geographic diversification initiatives across key U.S. markets.
Discover timely information about Presidio's value-driven acquisitions, builder partnerships, and operational strategies. This curated collection serves as an essential tool for monitoring the REIT's progress in identifying undervalued assets and executing its active management approach.
Bookmark this page for streamlined access to Presidio Property Trust's latest developments. Combine these updates with fundamental analysis to stay informed about this unique player in the real estate investment landscape.
Presidio Property Trust (NASDAQ:SQFT, SQFTP) announced a significant lease renewal with Fredrikson & Byron, P.A. at its Dakota Center in Fargo, North Dakota. This long-term extension highlights Presidio's commitment to retaining tenants amid challenging economic conditions. The company has invested heavily in upgrading the property, enhancing its appeal. Additionally, a major renovation is set to commence to cater to tenant needs. This deal reflects Presidio's strategic management of its diversified real estate portfolio, primarily in Texas and Florida.
Presidio Property Trust has declared a cash dividend of $0.19531 per share on its 9.375% Series D Cumulative Redeemable Perpetual Preferred Stock for October 2022, payable on November 15, 2022. Shareholders of record as of October 31, 2022, will receive this payment. The company, which operates a diversified REIT with properties primarily in Texas and Florida, notes its susceptibility to regional market conditions impacted by COVID-19. Presidio also sponsors Murphy Canyon Acquisition Corp. (NASDAQ: MURF) with approximately $140 million in trust.
Presidio Property Trust has announced the amendment of its line of credit, extending it until October 12, 2023, which offers up to $30 million for model home acquisitions. The facility, provided by First Horizon Bank, aims to support the company's operations in challenging real estate markets. CEO Jack Heilbron expressed optimism about the model home segment's future and the company's ability to capitalize on market opportunities.
Presidio Property Trust has announced a dividend of $0.19531 per share for its 9.375% Series D Cumulative Redeemable Perpetual Preferred Stock for September 2022. The payment date is set for October 17, 2022, for shareholders on record as of September 30, 2022. The company, which operates a diversified portfolio of real estate, primarily in Texas and Florida, utilizes a clustering strategy to reduce operating costs but remains vulnerable to local market conditions. Presidio also sponsors Murphy Canyon Acquisition Corp., a SPAC with approximately $140 million in trust.
Presidio Property Trust announced a dividend of $0.19531 per share on its 9.375% Series D Cumulative Redeemable Perpetual Preferred Stock for August 2022. This payment is scheduled for September 15, 2022, to shareholders on record by August 31, 2022. The company, a diversified real estate investment trust (REIT), primarily holds model home properties leased to homebuilders in Texas and Florida, alongside office and retail properties mainly in Colorado. Presidio also sponsors the Murphy Canyon Acquisition Corp., a SPAC with approximately $140 million in trust.
Presidio Property Trust (NASDAQ:SQFT; SQFTP; SQFTW) declared a cash dividend of $0.19531 per share on its 9.375% Series D Preferred Stock for July 2022. Shareholders on record by July 31, 2022, will receive the dividend on August 15, 2022. Presidio, a diversified real estate investment trust (REIT), focuses on model home properties leased to homebuilders, as well as office, industrial, and retail sectors primarily in Texas, Florida, and Colorado.
Presidio Property Trust has declared a cash dividend of $0.19531 per share on its 9.375% Series D Cumulative Redeemable Perpetual Preferred Stock for June 2022. The record date for this dividend is June 30, 2022, with payment scheduled for July 15, 2022. This announcement underscores the company’s commitment to returning income to its shareholders amidst its diversified holdings that include model homes and various commercial properties primarily located in Texas and Florida.
Presidio Property Trust has declared a dividend of $0.19531 per share for its 9.375% Series D Cumulative Redeemable Perpetual Preferred Stock, payable on June 15, 2022. Shareholders of record as of May 31, 2022 will receive this cash dividend. The company, which operates primarily in Texas and Florida, manages diversified real estate including model homes, office, industrial, and retail properties. The announcement highlights the company's continued commitment to providing returns to its shareholders amidst its operational footprint in various states, including Colorado and Maryland.
Presidio Property Trust has declared a cash dividend of $0.19531 per share on its 9.375% Series D Cumulative Redeemable Perpetual Preferred Stock for April 2022. The dividend will be payable on May 15, 2022, to shareholders of record by April 30, 2022. Presidio is a diversified real estate investment trust (REIT) focused on model home properties, as well as office, industrial, and retail holdings, primarily located in Texas, Florida, and Colorado. They also sponsor the SPAC Murphy Canyon Acquisition Corp., with approximately $140 million held in trust.
Presidio Property Trust has announced a cash dividend of $0.19531 per share for its 9.375% Series D Cumulative Redeemable Perpetual Preferred Stock for March 2022. This dividend will be payable on April 15, 2022, to shareholders of record as of March 31, 2022. The company operates as a diversified real estate investment trust, focusing on model home properties leased to homebuilders, with significant holdings in Texas and Florida, as well as office and retail properties in Colorado and other states.