Presidio Property Trust Expands Model Home Portfolio in Texas

Presidio Property Trust ( (SQFT) ) just unveiled an update.

Presidio Property Trust, Inc., a diversified real estate investment trust, reported significant activity in its Model Home division for Q3 2024, acquiring seven model homes in Texas for around $4 million and selling four homes for approximately $2.4 million. These transactions underscore Presidio’s robust relationships with homebuilders, crucial during challenging sales cycles, and highlight the Model Homes division as a key asset, representing 30% of their real estate holdings.

For an in-depth examination of SQFT stock, go to TipRanks’ Stock Analysis page.