Presidio Property Trust posts Q3 net loss of $1.9 million on $4.2 million revenue

Reuters
2025.11.12 21:47
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Presidio Property Trust Inc. reported a Q3 net loss of $1.9 million, or $1.53 per share, for the three months ending September 30, 2025, an improvement from a $6.6 million loss in Q3 2024. Revenues decreased to $4.2 million from $4.7 million due to reduced commercial real estate rental income after selling two properties. The company held $113.3 million in net real estate assets, including 84 model homes, down from $131.4 million and 83 homes a year prior. Series D Preferred Stock distributions remained at $0.59 per share.