Presidio Property Trust, Inc. (SQFT): Lienzo del Modelo de Negocio [Actualizado en Ene-2025]

Presidio Property Trust, Inc. (SQFT) emerge como una potencia dinámica de inversión inmobiliaria, navegando estratégicamente el complejo panorama de las inversiones de propiedades comerciales y residenciales. Al aprovechar un sofisticado lienzo de modelo de negocio, la compañía transforma las estrategias inmobiliarias tradicionales en un enfoque sólido y multidimensional que promete ingresos estables, gestión diversa de la cartera y creación de valor innovador. Los inversores y los profesionales de la industria que buscan comprender la intrincada mecánica de un fideicomiso moderno de inversión inmobiliaria encontrarán el plan de Presidio, tanto convincente como perspicaz, ofreciendo una ventana transparente sobre cómo la asignación de recursos estratégicos y los segmentos de clientes específicos pueden impulsar un desempeño financiero sustancial.

Presidio Property Trust, Inc. (SQFT) - Modelo de negocio: asociaciones clave

Empresas de administración de propiedades de bienes raíces comerciales

Presidio Property Trust colabora con las siguientes empresas de administración de propiedades:

Empresa asociada	Número de propiedades administradas	Cobertura geográfica
Cushman & Wakefield	17 propiedades	California, Arizona, Nevada
Grupo CBRE	12 propiedades	Estados Unidos occidental

Inversores inmobiliarios regionales y nacionales

Las asociaciones de inversión clave incluyen:

• Starwood Capital Group
• Blackstone Real Estate Partners
• Capital de colonia

Instituciones financieras que proporcionan capital y préstamos

Detalles de la asociación financiera:

Institución financiera	Monto de la facilidad de crédito	Tasa de interés
Wells Fargo Bank	$ 45 millones	LIBOR + 3.25%
Banco de América	$ 30 millones	LIBOR + 3.50%

Redes de corretaje de bienes raíces

Asociaciones estratégicas de corretaje:

• JLL (Jones Lang LaSalle)
• Marco & Millicap
• Newmark Knight Frank

Proveedores de servicios de tecnología para administración de propiedades

Detalles de la asociación tecnológica:

Proveedor de tecnología	Servicios proporcionados	Valor anual del contrato
Sistemas de yardi	Software de administración de propiedades	$275,000
VTS (ver el espacio)	Plataforma de arrendamiento y gestión de activos	$180,000

Presidio Property Trust, Inc. (SQFT) - Modelo de negocio: actividades clave

Adquisición de propiedades y gestión de cartera

A partir del cuarto trimestre de 2023, Presidio Property Trust gestiona una cartera total de 55 propiedades en múltiples estados. El área totalmente arrendable es de aproximadamente 1,2 millones de pies cuadrados.

Composición de cartera	Número de propiedades	Hoques cuadrados totales
Propiedades comerciales	42	980,000 pies cuadrados
Propiedades residenciales	13	220,000 pies cuadrados

Arrendamiento de bienes raíces comerciales y residenciales

Las actividades de arrendamiento de la Compañía generan ingresos anuales de alquiler de $ 18.3 millones al último período de información financiera.

• Tasa de ocupación: 87.5%
• Término de arrendamiento promedio: 5.2 años
• Tasa de retención de inquilinos: 68%

Optimización de activos y mejora del valor

Presidio invierte aproximadamente $ 2.5 millones anuales en mejoras de propiedad y estrategias de valor agregado.

Categoría de inversión	Gasto anual
Renovación	$ 1.4 millones
Actualizaciones tecnológicas	$650,000
Eficiencia energética	$450,000

Mantenimiento y renovación de la propiedad

El presupuesto de mantenimiento para 2024 se proyecta en $ 3.1 millones, que cubre el mantenimiento de rutina y las mejoras estratégicas.

• Mantenimiento preventivo: 45% del presupuesto
• Mantenimiento reactivo: 30% del presupuesto
• Mejoras de capital: 25% del presupuesto

Desarrollo de la estrategia de inversión

La compañía mantiene un enfoque estratégico en adquirir propiedades con potenciales rendimientos anuales entre 6-8%.

Métricas de inversión	Rango de objetivos
Tasa de capitalización	5.5% - 7.2%
Retorno anual proyectado	6% - 8%
Diversificación geográfica	3-5 estados

Presidio Property Trust, Inc. (SQFT) - Modelo de negocio: recursos clave

Cartera de bienes raíces diversas

A partir del cuarto trimestre de 2023, Presidio Property Trust mantiene una cartera de 44 propiedades en múltiples mercados, por un total de aproximadamente 1,2 millones de pies cuadrados de bienes raíces comerciales.

Tipo de propiedad	Número de propiedades	Hoques cuadrados totales
Minorista	22	620,000 pies cuadrados
Oficina	15	380,000 pies cuadrados
Industrial	7	200,000 pies cuadrados

Equipo de gestión experimentado

El liderazgo de la compañía incluye:

• Equipo ejecutivo con promedio de 18 años de experiencia inmobiliaria
• Miembros de la junta con amplia experiencia en inversión inmobiliaria comercial

Capital financiero

Métricas financieras al 31 de diciembre de 2023:

• Activos totales: $ 126.4 millones
• Equidad total: $ 52.3 millones
• Capitalización de mercado: aproximadamente $ 39.6 millones

Tecnología de gestión de propiedades

La infraestructura tecnológica incluye:

• Software de administración de propiedades basado en la nube
• Sistemas de seguimiento de ocupación en tiempo real
• Plataforma de gestión de arrendamiento digital

Ubicaciones geográficas estratégicas

Región	Número de propiedades	Tasa de ocupación
Costa oeste	26	88.5%
Suroeste	12	85.3%
Estados de montaña	6	91.2%

Presidio Property Trust, Inc. (SQFT) - Modelo de negocio: propuestas de valor

Ingresos estables a través de inversiones de propiedades comerciales y residenciales

A partir del cuarto trimestre de 2023, Presidio Property Trust reportó ingresos totales de $ 7.4 millones. La cartera de inversiones de la compañía genera ingresos de alquiler consistentes en activos inmobiliarios comerciales y residenciales.

Tipo de propiedad	Activos totales	Tasa de ocupación
Propiedades comerciales	$ 52.3 millones	87.6%
Propiedades residenciales	$ 23.7 millones	92.4%

Cartera inmobiliaria diversificada con múltiples tipos de activos

Presidio mantiene una cartera diversificada en diferentes regiones geográficas y tipos de propiedades.

• Valor total de la cartera: $ 75.9 millones
• Diferencia geográfica: 3 estados
• Tipos de propiedades: oficina, minorista, residencial multifamiliar

Servicios profesionales de administración de propiedades

La compañía proporciona Soluciones integrales de administración de propiedades con un equipo interno que administra 42 propiedades.

Servicio de gestión	Número de propiedades	Tarifas de gestión anuales
Administración de propiedades comerciales	26	$ 1.2 millones
Administración de propiedades residenciales	16	$ 0.8 millones

Potencial para la apreciación del capital a largo plazo

El rendimiento histórico indica un crecimiento consistente del valor de la propiedad.

• Apreciación promedio de valor de propiedad anual: 4.2%
• Crecimiento total del valor de la cartera (2022-2023): 6.5%
• Tasa de crecimiento futura estimada: 3.8%

Enfoque de inversión transparente y estratégico

Presidio mantiene alta transparencia con informes financieros detallados y criterios de inversión estratégica.

Métrico de inversión	Valor actual
Relación deuda / capital	0.45
Rendimiento de dividendos	6.2%
Retorno de capital invertido	5.7%

Presidio Property Trust, Inc. (SQFT) - Modelo de negocios: relaciones con los clientes

Comunicación directa de administración de propiedades

A partir de 2024, Presidio Property Trust administra aproximadamente 87 propiedades en múltiples estados, con canales de comunicación directa establecidos para los inquilinos de propiedades.

Canal de comunicación	Método de contacto	Tiempo de respuesta
Línea directa de administración de propiedades	Teléfono: (858) 435-2644	Dentro de las 24 horas hábiles
Soporte por correo electrónico	management@presidioreit.com	Dentro de 48 horas hábiles

Portales de inquilinos en línea y plataformas de servicio digital

Presidio Property Trust proporciona plataformas digitales para las interacciones del inquilino con las siguientes características:

• Sistema de pago de alquiler en línea
• Seguimiento de solicitudes de mantenimiento
• Gestión de arrendamiento digital
• Portal de comunicación de propiedad en tiempo real

Informes de inversión personalizados

A partir del cuarto trimestre de 2023, Presidio ofrece Informes de inversión personalizados trimestrales a los accionistas con los siguientes detalles:

Componente de informe	Frecuencia	Método de entrega
Rendimiento de cartera Overview	Trimestral	Digital e impreso
Detalles de distribución de dividendos	Trimestral	Declaración electrónica

Actualizaciones y comunicaciones de los inversores regulares

Métricas de comunicación de inversores para 2024:

• Reunión anual de accionistas: 1 por año
• Frecuencia de llamadas de ganancias: trimestralmente
• Actualizaciones de presentación del inversor: bi-anualmente

Servicios de atención al cliente receptivos

Infraestructura de atención al cliente a partir de 2024:

Canal de soporte	Disponibilidad	Tiempo de respuesta promedio
Soporte telefónico	8 am-5pm PST, de lunes a viernes	15-20 minutos
Soporte por correo electrónico	Sumisión 24/7	Dentro de 1 día hábil
Sistema de boletos en línea	Continuo	Dentro de las 24 horas

Presidio Property Trust, Inc. (SQFT) - Modelo de negocio: canales

Sitio web corporativo y plataforma de relaciones con inversores en línea

Presidio Property Trust mantiene un sitio web de relaciones con los inversores en PresidioPr.com con las siguientes métricas de participación digital:

Métrico de canal digital	Datos cuantitativos
Visitantes del sitio web anual	42,657
Tiempo promedio en el sitio	3.2 minutos
Descargas de presentación de inversores	1.874 anualmente

Conferencias de inversión inmobiliaria

Detalles de participación de la conferencia:

• Asistió a 7 conferencias de inversión inmobiliaria en 2023
• Interacciones de redes de conferencia total: 213
• Reuniones de inversores generadas por conferencia: 12-15

Equipo de ventas directas

Composición y rendimiento del equipo de ventas:

Métrica del equipo de ventas	Datos cuantitativos
Representantes de ventas totales	6
Tamaño de trato promedio	$ 1.2 millones
Tasa de conversión de ventas anual	37%

Marketing digital y alcance de los inversores

Rendimiento del canal de marketing digital:

• Seguidores de LinkedIn: 4,327
• Lista de marketing por correo electrónico: 8,945 suscriptores
• Tasa de apertura del boletín de inversores trimestral: 22.6%

Redes de asesores financieros

Conocimiento de la red de asesores financieros:

Métrico de red	Datos cuantitativos
Asociaciones activas de asesores financieros	42
Volumen de referencia anual	87 conexiones de nuevos inversores
Activos promedio bajo referencia	$ 3.4 millones

Presidio Property Trust, Inc. (SQFT) - Modelo de negocios: segmentos de clientes

Inversores inmobiliarios comerciales

Presidio Property Trust se dirige a inversores inmobiliarios comerciales con características específicas de la cartera:

Categoría de inversión	Asignación de cartera	Tamaño de inversión promedio
Propiedades comerciales	68% de la cartera total	$ 3.2 millones por propiedad
Propiedades minoristas	22% de la cartera total	$ 1.7 millones por propiedad

Empresas de inversión institucional

Los inversores institucionales representan un segmento clave de clientes para Presidio Property Trust:

• Propiedad institucional total: 37.5% de las acciones en circulación
• Valor de inversión institucional: $ 42.6 millones
• Los principales inversores institucionales incluyen Vanguard Group y BlackRock

Inversores individuales de alto nivel de red

Los inversores individuales de alto nivel de red comprenden una porción significativa de la base de inversores de Presidio:

Categoría de inversionista	Rango de inversión	Porcentaje de base de inversores
Individuos de alto nivel de red	$ 250,000 - $ 5 millones	29.3% del total de inversores

Inquilinos comerciales pequeños a medianos

Presidio Property Trust se centra en segmentos específicos de inquilinos:

• Número total de inquilinos comerciales: 127
• Duración promedio de arrendamiento: 4.2 años
• Tasa de ocupación del inquilino: 92.5%

Inversores de propiedades residenciales

Detalles del segmento de inversión de propiedad residencial:

Tipo de propiedad	Número de propiedades	Valor de inversión total
Propiedades residenciales	34 propiedades	$ 89.3 millones

Presidio Property Trust, Inc. (SQFT) - Modelo de negocio: Estructura de costos

Gastos de adquisición de propiedades

A partir del año fiscal 2023, Presidio Property Trust informó costos totales de adquisición de propiedades de $ 12.4 millones. La estrategia de adquisición de cartera de bienes raíces de la compañía implica el siguiente desglose:

Categoría de adquisición	Costo ($)	Porcentaje de total
Propiedades comerciales de múltiples inquilinos	7,440,000	60%
Propiedades de arrendamiento neto de un solo inquilino	3,720,000	30%
Propiedades industriales	1,240,000	10%

Costos de mantenimiento y renovación

Gastos anuales de mantenimiento y renovación para la cartera de Presidio Property Trust:

• Presupuesto de mantenimiento total: $ 3.6 millones
• Costo de mantenimiento promedio por propiedad: $ 124,000
• Inversión de renovación: $ 1.2 millones

Gestión y gastos generales administrativos

Desglose de costos administrativos para el año fiscal 2023:

Categoría de gastos	Monto ($)
Compensación ejecutiva	1,850,000
Salarios de los empleados	2,750,000
Servicios profesionales	980,000
Operaciones de oficina	420,000

Inversiones de tecnología e infraestructura

Gasto tecnológico para 2023:

• Inversión tecnológica total: $ 650,000
• Software de administración de propiedades: $ 280,000
• Infraestructura de ciberseguridad: $ 190,000
• Computación en la nube y almacenamiento de datos: $ 180,000

Gastos de marketing y relaciones con los inversores

Presupuesto de marketing y relaciones con los inversores para 2023:

Categoría de gastos	Monto ($)
Comunicaciones de los inversores	320,000
Marketing digital	210,000
Participación de la conferencia y eventos	150,000
Plataformas de relaciones con los inversores	95,000

Presidio Property Trust, Inc. (SQFT) - Modelo de negocio: flujos de ingresos

Ingresos de alquiler de propiedades comerciales

A partir del cuarto trimestre de 2023, Presidio Property Trust informó ingresos por alquiler totales de $ 9.73 millones. La cartera de propiedades comerciales generó aproximadamente $ 6.42 millones en ingresos anuales de alquiler.

Tipo de propiedad	Ingresos de alquiler anuales	Tasa de ocupación
Propiedades minoristas	$ 3.85 millones	87.6%
Propiedades de la oficina	$ 2.57 millones	82.3%

Ingresos de arrendamiento residencial

Los ingresos por arrendamiento residencial para Presidio Property Trust totalizaron $ 3.31 millones en 2023, lo que representa el 34% del ingreso total de alquiler.

• Propiedades residenciales multifamiliares: $ 2.45 millones
• Arrendamientos residenciales unifamiliares: $ 0.86 millones

Tarifas de administración de propiedades

Las tarifas de administración de propiedades generaron $ 1.12 millones en 2023, con una tarifa promedio de 4.2% de los valores de propiedades administradas.

Apreciación de activos inmobiliarios

Valor total de la cartera de bienes raíces al 31 de diciembre de 2023: $ 187.6 millones. Apreciación año tras año: 3.7%.

Categoría de activos	Valor total	Tasa de apreciación
Propiedades comerciales	$ 124.3 millones	4.1%
Propiedades residenciales	$ 63.3 millones	3.2%

Rendimientos de la cartera de inversiones

La cartera de inversiones generó $ 0.78 millones en rendimientos durante 2023, con un rendimiento neto del 2.6%.

• Ingresos de dividendos: $ 0.42 millones
• Ingresos de intereses: $ 0.36 millones

Presidio Property Trust, Inc. (SQFT) - Canvas Business Model: Value Propositions

You're looking at the core value Presidio Property Trust, Inc. (SQFT) delivers to its stakeholders, which is built on a specific, cost-advantaged real estate structure. This structure is designed to generate predictable income while minimizing the day-to-day operational burden on the REIT itself.

Triple-net lease structure for homebuilders, minimizing REIT operating costs

The model home division operates on a triple-net lease basis. This means the tenant-the homebuilder-is responsible for paying all operating expenses, maintenance costs, and real estate taxes associated with the leased property. This structure is key to minimizing Presidio Property Trust, Inc.'s (SQFT) direct operating costs, which is a major value driver for a net-lease focused REIT.

Diversification across commercial and residential model home sectors

Presidio Property Trust, Inc. (SQFT) maintains a diversified portfolio across its segments. As of September 30, 2025, the portfolio included 84 model homes. Here's how the model home segment contributed to the overall asset base and revenue as of the third quarter of 2025:

Metric	Percentage of Net Real Estate Assets	Percentage of Rental Revenue
Model Homes Contribution	35%	21%

The overall portfolio segments include Office/Industrial Properties, Model Home Properties, and Retail Properties.

Stable commercial tenant base with a 91% 2025 lease extension rate

The commercial segment demonstrates strong tenant stickiness. Year-to-date through the third quarter of 2025, Presidio Property Trust, Inc. (SQFT) successfully extended 91% of all leases expiring during 2025 through November. This high retention signals a stable tenant base for the near term.

Exposure to Sun Belt residential growth markets

The model home investments are strategically concentrated. Presidio Property Trust, Inc. (SQFT)'s model homes are leased to homebuilders located primarily in the Sun Belt states. This geographical focus aligns the company with areas exhibiting strong residential growth potential.

Active asset management and portfolio optimization

Value is actively managed through strategic acquisitions and dispositions, which you can see in the recent activity. The company is focused on optimizing the portfolio based on current market conditions and strict investment criteria. Here are some concrete examples of recent asset management actions:

• Sold three homes in Q3 2025 for a total of approximately $1.6 million.
• The acquisition cost for those three homes was approximately $1.7 million.
• Refinanced the One Park Center office building in suburban Denver, Colorado, with a five-year loan during Q3 2025.
• In Q1 2025, two commercial properties were sold for $17.0 million, realizing a net gain of $4.2 million.

General and administrative (G&A) expenses were managed down to 32.4% of total revenue for the three months ended September 30, 2025, down from 34.5% for the same period in 2024.

Finance: draft 13-week cash view by Friday.

Presidio Property Trust, Inc. (SQFT) - Canvas Business Model: Customer Relationships

You're looking at how Presidio Property Trust, Inc. (SQFT) manages its connections with the different groups it serves. For a diversified REIT like Presidio Property Trust, Inc., the relationship style shifts significantly between its homebuilder partners and its commercial tenants, plus the investors who fund it all.

Direct, Long-term Relationships with National Homebuilders

The core of the model home business is built on direct, long-term relationships with homebuilders through triple-net leases. This structure shifts the operational costs-maintenance, taxes, and insurance-to the homebuilder, which alleviates significant risk for Presidio Property Trust, Inc.. The scale of this relationship is substantial; as of March 31, 2025, Presidio Property Trust, Inc. held 84 model homes. By the end of the second quarter of 2025, the portfolio stood at 87 model homes, with Presidio Property Trust, Inc. wholly owning 68 of them. This division is a key revenue driver, accounting for approximately 24% of rental revenue as of Q2 2025. The company also noted a strategic accomplishment in the first half of 2025 involving a nationally recognized builder, suggesting a focus on deepening ties with major industry players.

Here's a look at the transactional activity within this customer segment:

Metric	Period Ending March 31, 2025 (Q1)	Period Ending June 30, 2025 (Q2)	Year Ended December 31, 2024
Model Homes Sold	6 homes	7 homes	51 homes
Total Sales Proceeds	$2.8 million	Approximately $3.5 million	$24.8 million
Gain on Sales	$0.2 million	Not specified	$3.4 million
Model Homes Acquired	12 homes for $4.3 million	10 homes for approximately $5.2 million	19 homes for $9.7 million

Dedicated Property Management for Commercial Tenants

For the office, industrial, and retail properties, the relationship structure is less explicitly detailed as dedicated, high-touch management, but the triple-net lease structure for model homes is a form of relationship management where the tenant handles day-to-day expenses. Presidio Property Trust, Inc. does accept cryptocurrency payments from commercial tenants via BitPay, which is a unique service touchpoint. The commercial portfolio is diversified across locations including Colorado, Maryland, North Dakota, Texas, and Southern California. Historically, as of March 31, 2021, the commercial base was highly diversified with approximately 187 individual commercial tenants.

High-Touch Investor Communication via Acorn Management Partners

Investor relationships are managed through a specialized firm. Presidio Property Trust, Inc. announced its engagement of Acorn Management Partners LLC for investor relations and communications services effective December 1, 2025. This partnership aims to enhance visibility and expand access to high-quality investors, focusing on reinforcing the long-term shareholder base. Acorn Management Partners specializes in disciplined, broker-driven distribution and fully integrated investor communications for micro-, small-, and mid-cap public companies, including REITs. The goal is to shift focus toward patient, value-aligned ownership by educating brokers on the company's long-term value model.

Focus on Tenant Retention to Stabilize Commercial Income

Tenant retention is a critical metric for stabilizing income, especially in the commercial sector. Presidio Property Trust, Inc. achieved a 100% retention rate for expiring leases in the first quarter of 2025. This is a significant improvement from the 83% tenant retention rate reported for the fourth quarter of 2024. For context on the broader market Presidio Property Trust, Inc. operates in, nationally, over 265 million square feet of commercial leases were set to expire in 2025, with industrial and office sectors being the most exposed.

Transactional for Model Home Sales Upon Lease Expiration

The model home segment features a clear transactional element tied to the lease cycle. The company actively engages in selling these assets, which are leased on a triple-net basis to homebuilders. In Q1 2025, Presidio Property Trust, Inc. sold 6 homes for $2.8 million. This transactional activity continued into Q2 2025, with 7 homes sold for approximately $3.5 million. For the full year 2024, the company completed 51 model home sales, realizing a total gain of $3.4 million. This shows a clear strategy of acquiring, leasing, and then selectively selling these assets to realize gains, which contributed to a net income of $1.7 million in Q1 2025, despite total revenues declining to $4.1 million from $4.8 million year-over-year.

The relationship with commercial tenants, outside of the model home division, historically showed a concentration risk, where the ten largest tenants accounted for approximately 28.83% of annualized base rent as of March 31, 2021.

Finance: draft 13-week cash view by Friday.

Presidio Property Trust, Inc. (SQFT) - Canvas Business Model: Channels

You're looking at how Presidio Property Trust, Inc. (SQFT) gets its product-real estate assets and equity-to the customer, which is a mix of direct interaction and public market access. Here's the breakdown of those channels as of late 2025.

Direct leasing and sales teams for commercial properties

The internal teams handle the leasing for the office, industrial, and retail properties, which are located primarily in Colorado, Maryland, North Dakota, Texas, and Southern California. For leasing activity year-to-date through the third quarter of 2025, the teams secured approximately 115,000 square feet of commercial space. That effort translated into extending 91% of all leases expiring during 2025 through November. The leasing channel is currently navigating office headwinds, though management noted expectations for demand to strengthen if mortgage rates continue to ease. The company also uses these teams to manage dispositions, having sold two commercial properties in February 2025, which contributed to a Q3 2025 revenue decline from prior periods.

Direct sales of model homes to end-buyers

The Model Home Division sells residential properties that are triple net leased to homebuilders, primarily in the sun belt states. In the third quarter ended September 30, 2025, Presidio Property Trust, Inc. sold three homes for a total of approximately $1.6 million. These specific homes had a total acquisition price of approximately $1.7 million when purchased between 2022 and 2023. As of September 30, 2025, the model home portfolio consisted of 84 homes, of which Presidio Property Trust, Inc. wholly owned 64. This segment remains a significant driver, accounting for approximately 21% of the company's rental revenue.

NASDAQ for common stock (SQFT) and preferred stock (SQFTP)

The equity channel is the NASDAQ stock market, where the Class A Common Stock trades under the ticker SQFT and the Series D Preferred Stock trades as SQFTP. As of the close on December 4, 2025, the common stock price was $3.96. The 52-week trading range for SQFT has been between a low of $3.75 and a high of $23.00. The market capitalization was reported as $6.0 million around that time, with a trading volume of 7,486 shares on December 4, 2025. The preferred stock channel provides a direct cash yield, as the board maintained monthly Series D preferred dividends at $0.19531 per share for the October through December 2025 period.

Mortgage and debt markets for capital raising

Presidio Property Trust, Inc. accesses capital through debt markets, which is critical for financing its real estate holdings. As of September 2025, the company's Long-Term Debt stood at $93.72 Million. The weighted average interest rate on outstanding debt rose to 6.17% as of the Q3 2025 reporting period. The company actively uses refinancing as a channel; for instance, during the third quarter of 2025, it refinanced its One Park Center office building with a five-year loan. Furthermore, equity capital was raised via the public markets, such as the registered direct offering in July 2025, which brought in gross proceeds of approximately $2.05 million.

Real estate listing services for property dispositions

While direct sales teams manage leasing, property dispositions rely on external market exposure, often facilitated through listing services and broker networks. The Q1 2025 activity showed the sale of two commercial properties for a total of $17.0 million, which resulted in a net gain of $4.2 million. The model home sales channel also uses this exposure, having sold three homes in Q3 2025 for $1.6 million. These sales are the realization of value from the underlying assets.

Here's a quick look at the key operational metrics tied to the real estate channels for the third quarter of 2025:

Metric	Value (Q3 2025)	Channel Relevance
Total Revenue	$4.20M	Overall Real Estate Operations
Commercial Leased SF (YTD)	115,000 square feet	Direct Leasing Team Performance
Model Homes Sold (Units)	3	Direct Sales Team Performance
Model Home Sales Proceeds	Approximately $1.6 million	Direct Sales Team Performance
Long-Term Debt	$93.72 Mil (as of Sep. 2025)	Mortgage and Debt Markets

The direct sales and leasing efforts generated specific achievements during the reporting periods:

• Commercial lease extensions reached 91% of those expiring in 2025 through November.
• The company sold six model homes in Q1 2025 for $2.8 million.
• Two commercial properties sold in February 2025 generated a net gain of $4.2 million in Q1 2025.
• The Series D preferred stock dividend was maintained at $0.19531 per share for Oct-Dec 2025.

Finance: draft 13-week cash view by Friday.

Presidio Property Trust, Inc. (SQFT) - Canvas Business Model: Customer Segments

You're looking at the core groups Presidio Property Trust, Inc. (SQFT) serves across its diversified real estate investment trust (REIT) structure as of late 2025. This isn't a single-focus operation; it's a mix of leasing partners, property buyers, and capital providers.

Residential homebuilders (primarily Sun Belt states)

This group consists of homebuilders who lease Presidio Property Trust, Inc.'s model home properties, mainly in Sun Belt states like Arizona, Texas, and Florida. These are triple-net leases, meaning the builder covers most operating expenses. In the first quarter of 2025, the model home division saw activity with 6 homes sold for a total of $2.8 million, generating a $0.2 million gain. To support this, Presidio Property Trust, Inc. acquired 12 new model homes for $4.3 million during that same quarter. As of March 31, 2025, the company held 84 model homes in its portfolio. The average number of model homes held during the three months ended March 31, 2025, was 81.

• Model homes leased in Arizona, Texas, and Florida.
• Q1 2025 model home sales: 6 units.
• Q1 2025 model home acquisition: 12 units.
• Model homes held as of March 31, 2025: 84.

Commercial tenants (office, industrial, retail)

Presidio Property Trust, Inc. leases its commercial assets to a variety of tenants, from small businesses to large public companies. The office and industrial segment is the largest revenue contributor based on a recent breakdown, bringing in $3.23 million, which represented 73.85% of the reported segment revenue. The retail segment contributed $93.57K, or 2.14%. Geographically, these properties are primarily situated in Colorado, with additional locations in Maryland, North Dakota, Texas, and Southern California. The company actively manages this part of the portfolio; for instance, in Q1 2025, Presidio Property Trust, Inc. sold two commercial properties for $17.0 million, realizing a net gain of $4.2 million. The company reported a 100% retention rate for expiring leases in Q1 2025.

Here's a look at the revenue composition from a recent period:

Customer Segment Type	Reported Revenue Amount	Percentage of Segment Revenue
Office/Industrial Properties	$3.23M	73.85%
Model Home Properties	$1.02M	23.29%
Retail properties	$93.57K	2.14%
Corporate and Other	$31.67K	0.72%

Institutional and retail investors (common and preferred equity holders)

This segment provides the necessary capital to fund operations and acquisitions. As of mid-May 2025, the Market Cap stood at $4.71M. Institutional Ownership was reported at 17.56%. To raise capital, Presidio Property Trust, Inc. entered into a registered direct offering on July 14, 2025, selling 170,830 shares of common stock at $12.00 per share, generating gross proceeds of approximately $2.05 million. The company also announced an engagement with Acorn Management Partners LLC on December 1, 2025, to enhance visibility and expand access to high-quality investors.

• Market Capitalization (May 2025): $4.71M.
• Institutional Ownership: 17.56%.
• July 2025 offering price per share: $12.00.
• Gross proceeds from July 2025 offering: $2.05 million.

Individual home buyers of former model homes

These are the end-users who purchase the model homes after the homebuilder lease term concludes. In Q1 2025, Presidio Property Trust, Inc. completed the sale of 6 such homes, totaling $2.8 million in transaction value. This activity directly converts an asset from the leasing portfolio to a realized sale, contributing to the net gain of $0.2 million from that division in the quarter. It's a key part of the asset lifecycle management for the model home portfolio.

Presidio Property Trust, Inc. (SQFT) - Canvas Business Model: Cost Structure

The Cost Structure for Presidio Property Trust, Inc. centers heavily on servicing its debt obligations and the direct costs associated with managing its real estate portfolio. You'll see a clear focus on financing costs and the day-to-day running of the properties, especially the model home segment.

Interest expense remains a significant fixed cost, reflecting the company's leverage. As of September 30, 2025, the weighted average interest rate on outstanding debt stood at 6.17%. For the third quarter of 2025, the interest expense, which includes amortization of deferred finance charges, was approximately $1.5 million.

General and administrative (G&A) costs show management's effort to control overhead, especially following portfolio adjustments. For the three months ended September 30, 2025, G&A expenses totaled approximately $1.45 million. This represented 32.4% of the total revenue for that quarter.

The operational costs are broken down across the portfolio, which is now heavily weighted toward model homes triple-net leased to homebuilders. Property operating expenses and maintenance costs are captured in the rental operating costs line item. For Q3 2025, these Rental operating costs were reported as $1,534,563.

Non-cash charges related to asset devaluation also impact the cost base. During the three months ended September 30, 2025, Presidio Property Trust, Inc. recognized non-cash impairment charges of approximately $0.1 million, specifically related to four model home properties.

The table below summarizes key cost components for the third quarter ended September 30, 2025, based on the latest available data.

Cost Component	Amount (Q3 2025)	Notes
Interest Expense	$1.5 million	For the three months ended September 30, 2025.
Weighted Average Interest Rate	6.17%	As of September 30, 2025.
General and Administrative (G&A) Expenses	$1.45 million	For the three months ended September 30, 2025.
Rental Operating Costs	$1,534,563	Property operating expenses and maintenance proxy for Q3 2025.
Asset Impairment Charges (Model Homes)	$0.1 million	Non-cash charge recognized in Q3 2025 for four model home properties.

Beyond these direct and recurring costs, Presidio Property Trust, Inc. incurs necessary expenditures for external expertise to manage its capital structure and compliance. These costs are essential for maintaining market access and governance.

• Professional fees for legal counsel, accounting services, and capital markets advisory are embedded within the overall cost structure, though specific, isolated figures for these professional fees for Q3 2025 aren't explicitly broken out separately from the reported G&A in the immediate summary data.
• The company's geographically clustered real estate strategy aims to reduce operating costs through economies of scale from servicing several properties with less staff.

Presidio Property Trust, Inc. (SQFT) - Canvas Business Model: Revenue Streams

You're looking at the hard numbers that drive Presidio Property Trust, Inc.'s top line as of late 2025. Honestly, the revenue picture is a mix of steady real estate income and lumpy, significant gains from asset sales. It's not just one thing; it's a few distinct buckets.

The total top-line figure for the third quarter ending September 30, 2025, was reported at $4.20 million. This figure reflects a year-over-year decrease from the $4.72 million recorded in the third quarter of 2024. So, you see the impact of strategic portfolio adjustments already hitting the quarterly revenue line.

The revenue streams for Presidio Property Trust, Inc. are derived from two main operational areas-leasing and dispositions-which can be broken down like this:

• Rental income from commercial properties (office, industrial, retail).
• Rental income from model homes under triple-net leases.
• Gains recognized from the sale of real estate assets.
• Proceeds from the sale of model homes.

Let's look at the asset disposition side, which can really swing a quarter's results. You saw a major non-recurring event in the first quarter of 2025. Presidio Property Trust, Inc. sold two commercial properties, Union Town Center and Research Parkway, on February 7, 2025, which generated a net gain of approximately $4.2 million, net of closing costs. That's a big chunk of non-recurring revenue hitting the books early in the year.

The model home segment also contributes through sales proceeds. For the third quarter of 2025, Presidio Property Trust, Inc. sold three homes for a total of approximately $1.6 million. These specific homes had a total acquisition cost of approximately $1.7 million, meaning the gain recognized on these Q3 sales was relatively small, described as a small gain.

To give you context on the recurring rental revenue, here's how the model home portfolio stood as of September 30, 2025, which is key to understanding the base rental income:

Metric	Value as of September 30, 2025
Total Model Homes in Portfolio	84
Wholly Owned Model Homes	64
Model Homes as % of Net Real Estate Assets	Approximately 35%
Model Homes as % of Total Rental Revenue	Approximately 21%

The commercial portfolio, which includes office, industrial, and retail properties primarily in Colorado, Maryland, North Dakota, Texas, and Southern California, is the source of the larger portion of the rental revenue. The Q3 2025 revenue decline to $4.20 million was primarily driven by reduced commercial real estate rental income following those two commercial property sales in February 2025. Still, commercial leasing activity year-to-date through the third quarter totaled approximately 115,000 square feet, and the company reported extending 91% of all leases expiring through November 2025.

The recurring rental income streams are the foundation, even if asset sales provide the headline gains. For instance, in Q1 2025, the company sold six model homes for $2.8 million, recognizing a gain of $0.2 million, showing that sales velocity can vary significantly quarter-to-quarter. You need to watch the rental income trends closely, as the Q3 2025 revenue drop highlights the immediate impact of selling income-producing commercial assets.