Presidio Property Trust Provides Update on Model Home Activity in Q2 2025
Presidio Property Trust (NASDAQ:SQFT) reported significant model home activity in Q2 2025. The company sold 7 homes for $3.5 million, which were originally purchased for $3.2 million between 2020-2023. Additionally, Presidio acquired 10 new homes worth $5.2 million across Texas, Alabama, and Tennessee.
The company's model home portfolio now consists of 87 properties, with 68 being wholly owned. Model homes represent 34% of net real estate assets and contribute 24% of rental revenue. The expansion focuses on Sun Belt states as part of Presidio's strategic growth plan with a nationally recognized builder.
Presidio Property Trust (NASDAQ:SQFT) ha registrato un'attività significativa di case modello nel secondo trimestre del 2025. La società ha venduto 7 case per 3,5 milioni di dollari, acquistate originariamente per 3,2 milioni di dollari tra il 2020 e il 2023. Inoltre, Presidio ha acquisito 10 nuove case del valore di 5,2 milioni di dollari in Texas, Alabama e Tennessee.
Il portafoglio di case modello dell'azienda ora comprende 87 proprietà, di cui 68 di proprietà totale. Le case modello rappresentano il 34% degli asset immobiliari netti e contribuiscono al 24% dei ricavi da locazione. L'espansione è focalizzata sugli stati della Sun Belt come parte del piano strategico di crescita di Presidio con un costruttore riconosciuto a livello nazionale.
Presidio Property Trust (NASDAQ:SQFT) reportó una actividad significativa en casas modelo durante el segundo trimestre de 2025. La compañía vendió 7 casas por 3.5 millones de dólares, que fueron adquiridas originalmente por 3.2 millones entre 2020 y 2023. Además, Presidio adquirió 10 nuevas casas por un valor de 5.2 millones de dólares en Texas, Alabama y Tennessee.
El portafolio de casas modelo de la empresa ahora consta de 87 propiedades, de las cuales 68 son de propiedad total. Las casas modelo representan el 34% de los activos netos inmobiliarios y contribuyen con el 24% de los ingresos por alquiler. La expansión se centra en los estados de la Sun Belt como parte del plan estratégico de crecimiento de Presidio con un constructor reconocido a nivel nacional.
Presidio Property Trust (NASDAQ:SQFT)는 2025년 2분기에 모델 홈 활동이 크게 증가했다고 보고했습니다. 회사는 2020년부터 2023년 사이에 320만 달러에 구매한 7채의 주택을 350만 달러에 판매했습니다. 또한 Presidio는 텍사스, 앨라배마, 테네시에서 520만 달러 상당의 10채의 신규 주택을 인수했습니다.
회사의 모델 홈 포트폴리오는 현재 87채의 부동산으로 구성되어 있으며, 이 중 68채는 전액 소유 중입니다. 모델 홈은 순 부동산 자산의 34%를 차지하며 임대 수입의 24%를 기여합니다. 이 확장은 전국적으로 인정받는 건설업체와 함께하는 Presidio의 전략적 성장 계획의 일환으로 Sun Belt 주에 집중되어 있습니다.
Presidio Property Trust (NASDAQ:SQFT) a rapporté une activité importante de maisons témoins au deuxième trimestre 2025. La société a vendu 7 maisons pour 3,5 millions de dollars, achetées initialement pour 3,2 millions entre 2020 et 2023. De plus, Presidio a acquis 10 nouvelles maisons d’une valeur de 5,2 millions de dollars au Texas, en Alabama et au Tennessee.
Le portefeuille de maisons témoins de l’entreprise comprend désormais 87 propriétés, dont 68 en pleine propriété. Les maisons témoins représentent 34 % des actifs immobiliers nets et contribuent à hauteur de 24 % des revenus locatifs. L’expansion se concentre sur les États de la Sun Belt dans le cadre du plan stratégique de croissance de Presidio avec un constructeur reconnu au niveau national.
Presidio Property Trust (NASDAQ:SQFT) meldete im zweiten Quartal 2025 eine bedeutende Aktivität bei Musterhäusern. Das Unternehmen verkaufte 7 Häuser für 3,5 Millionen US-Dollar, die ursprünglich zwischen 2020 und 2023 für 3,2 Millionen US-Dollar erworben wurden. Zusätzlich erwarb Presidio 10 neue Häuser im Wert von 5,2 Millionen US-Dollar in Texas, Alabama und Tennessee.
Das Musterhausportfolio des Unternehmens umfasst nun 87 Immobilien, von denen 68 vollständig im Eigentum stehen. Musterhäuser machen 34 % der Nettoimmobilienwerte aus und tragen 24 % der Mieteinnahmen bei. Die Expansion konzentriert sich auf die Sun-Belt-Staaten im Rahmen von Presidios strategischem Wachstumsplan mit einem landesweit anerkannten Bauträger.
- Successfully sold 7 homes for $3.5M, generating approximately $300K in gains from 2020-2023 purchases
- Strategic expansion with 10 new home acquisitions worth $5.2M in Sun Belt states
- Strong portfolio position with model homes representing 34% of net real estate assets
- Significant rental revenue contribution with model homes generating 24% of total rental income
- Geographic diversification through expansion in Texas, Alabama, and Tennessee markets
- High concentration risk with model homes comprising 34% of net real estate assets
- Significant capital deployment of $5.2M in new acquisitions may impact short-term liquidity
SAN DIEGO, July 09, 2025 (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 the second quarter of 2025, through subsidiary and affiliate entities, have sold seven homes for a total of approximately
“In the first half of the year, our team has done an outstanding job of identifying and executing on acquisition opportunities in Sun Belt states, which expand our geographical footprint and give us more diversification. This significant strategic accomplishment with a nationally recognized builder is a key step in our managed growth plan,” said Steve Hightower, President of the Model Homes Division.
About Presidio Property Trust
Presidio is an internally managed, diversified REIT with holdings in model home properties which are triple-net leased to homebuilders, office, industrial, and retail properties. Presidio’s model homes are leased to homebuilders located primarily in the sun belt states. Presidio’s office, industrial, and retail properties are located primarily in Colorado, with properties also located in Maryland, North Dakota, Texas, and Southern California. For more information on Presidio, please visit Presidio’s website at https://www.PresidioPT.com.
Cautionary Note Regarding Forward-Looking Statements
This press release contains statements that are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and other federal securities laws. Forward-looking statements are statements that are not historical, including statements regarding management’s intentions, beliefs, expectations, representations, plans or predictions of the future, and are typically identified by such words as “believe,” “expect,” “anticipate,” “intend,” “estimate,” “may,” “will,” “should” and “could.” Because such statements include risks, uncertainties and contingencies, actual results may differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements also include statements relating to the closing of the business combination with Conduit within a certain timeframe or at all. These forward-looking statements are based upon the Company’s present expectations, but these statements are not guaranteed to occur. Except as required by law, the Company disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, of new information, data or methods, future events or other changes. Investors should not place undue reliance upon forward-looking statements. For further discussion of the factors that could affect outcomes, please refer to the “Risk Factors” section of the Company’s documents filed with the SEC, copies of which are available on the SEC’s website, www.sec.gov.
Investor Relations Contact:
Presidio Property Trust, Inc.
Lowell Hartkorn, Investor Relations
LHartkorn@presidiopt.com
Telephone: (760) 471-8536 x1244
This press release was published by a CLEAR® Verified individual.
FAQ
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