Presidio Property Trust (SQFT)
REIT operating commercial properties and a model-home sale-leaseback platform.
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Generates rent, expense recoveries, home-sale gains, and partnership fees from Office/Industrial, Model Home, and Retail Properties. Its model-home platform buys builders' display houses, leases them back on triple-net terms, then sells them after the display lease ends.
Operates Office/Industrial Properties, Model Home Properties, and Retail Properties as an internally managed REIT. The commercial portfolio spans regional U.S. markets, with properties in California, Colorado, Maryland, North Dakota, and Texas; model homes are principally in Texas alongside Alabama, Tennessee, and Arizona.
Buys homebuilders' display homes, leases them back under triple-net agreements, then sells them to residential buyers after the display leases end. Commercial rents, expense recoveries, and management or acquisition fees from affiliated model-home partnerships provide additional revenue.
Uses leasing, hands-on management, and selective redevelopment in markets outside major institutional centers. Cash flow and property values depend on tenant renewals, builder demand and resale execution, regional office and housing conditions, access to refinancing, and continued REIT qualification.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $5.9M · Total debt $80.1M · Total assets $106.7M · Shareholders' equity $13.9M
- Revenue
- $3.8M
- Operating income
- $322.1K
- Net income
- −$4.4M
HistoryDividendAnnual yield
| Institutions | 0.03% | 464 shares | |
|---|---|---|---|
| 1 holder · as of Sep 30, 2025 | |||
| Insiders | 21.51% | 308.5K shares | |
| 1 holder · as of May 8, 2026 | |||
| Other | 78.46% | 1.13M shares | |
| remainder | |||
1.43M company shares as of Sep 23, 2026 · institutions as of Sep 30, 2025 · holders as of their latest filing
Two share counts disagree (1.43M in the company's Sep 23, 2026 report, 1.31M elsewhere); stakes use the report.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Jack Kendrick Heilbron1Insiderdirector, officer: CEO and President | 21.51% | 237,482 · 71,016 | filed May 8, 2026 |
CX InstitutionalInstitution | 0.03% | 464 | as of Sep 30, 2025 |
Armistice Capital, LLCStrategic | —9.99% of class, as filed | — | filed May 15, 2025 |
Vito GarfiInsider | —4.10% of class, as filed | — | filed May 10, 2024 |
Gary Morris Katz2Insiderofficer: SVP, Asset Management | 4.71% | 67,501 · 27 | filed Jan 9, 2024 |
- Jack Kendrick Heilbron's transaction reports restate only vehicles that traded; the 2026 ownership statement (237.5K) is used instead.
- Last filed Jan 9, 2024; leaving the company requires no filing. Not in the bar.
Insider tradesForm 4
Nothing filed in the last 12 months.
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Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Presidio Property Trust | $1.35 | +8.00% | $1.6M | — | — | 0.1 | −10.9% |
| Gladstone Commercial | $12.60 | −1.34% | $618.2M | 24.1 | 77.1 | 3.6 | +11.3% |
| Global Net Lease | $8.69 | −0.29% | $1.85B | — | — | 4.0 | −10.0% |
| W. P. Carey | $66.46 | −0.64% | $15.24B | 22.8 | 22.4 | 8.0 | +7.0% |
| STAG Industrial | $37.23 | −0.24% | $7.20B | 28.7 | 74.2 | 8.2 | +7.8% |
| Broadstone Net Lease | $18.87 | −1.33% | $3.67B | 25.8 | 26.7 | 7.7 | +8.3% |
| Realty Income | $55.41 | −1.99% | $52.71B | 41.3 | 34.3 | 8.9 | +1.1% |
| AH Realty Trust | $6.00 | −3.07% | $593.7M | — | — | 3.4 | −19.3% |
| Median | 25.8 | 34.3 | 7.7 | +7.0% |