• Presidio Property Trust posted a net loss attributable to common stockholders of $129,632, or $0.10 per share, for quarter ended March 31, 2026, swinging from net income of $1.7 million, or $1.31 per share, a year earlier.
• Revenue slipped to about $3.8 million from about $4.1 million in prior-year quarter.
• Impairment charges rose to about $524,373 from $26,943, while interest expense increased to about $2.1 million from about $1.5 million.
• Commercial portfolio reshaping continued with sale of Dakota Center for about $4.7 million, generating a net gain of about $3.4 million, while 5 model homes were sold for about $2.3 million for a gain of about $0.2 million.
• Management flagged interest in model home opportunities tied to markets with technology, artificial intelligence, and industrial automation employment, while targeting lower overhead via headcount cuts, a 5% CEO salary reduction starting April 2026, and a smaller board starting June 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Presidio Property Trust Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202605151800ACCESSWRNAPR_____1167572) on May 15, 2026, and is solely responsible for the information contained therein.