Presidio Property Trust Subsidiary Receives Default Notice From Lender

An update from Presidio Property Trust ( (SQFT) ) is now available.

On January 21, 2026, Presidio Property Trust, Inc. disclosed that subsidiary NetREIT SC II, LLC received a default notice from Wells Fargo Bank after failing to repay in full by January 5, 2026 a promissory note originally issued in 2015 for $17.7 million. The lender alleges an event of default, has imposed a higher default interest rate, revoked the borrower’s right to collect rents, profits and income from the Shea Center II property in Douglas County, Colorado, and reserved the right to foreclose on the pledged real and personal property, while the company reviews options to cure the default and mitigate potential operational and financial impacts.

The most recent analyst rating on (SQFT) stock is a Hold with a $3.00 price target. To see the full list of analyst forecasts on Presidio Property Trust stock, see the SQFT Stock Forecast page.

Spark’s Take on SQFT Stock

According to Spark, TipRanks’ AI Analyst, SQFT is a Neutral.

The score is primarily weighed down by weak financial performance (losses, high leverage, and negative cash flow). Technicals also remain unfavorable with the stock below key moving averages and a negative MACD. A small offset comes from a modestly positive corporate visibility initiative, while valuation signals are constrained by negative earnings and no dividend yield data.

To see Spark’s full report on SQFT stock, click here.

More about Presidio Property Trust

Presidio Property Trust, Inc., through its subsidiary NetREIT SC II, LLC, operates as a real estate owner with interests in income-producing properties, including commercial assets such as the Shea Center II office property in Douglas County, Colorado.

Average Trading Volume: 169,405

Technical Sentiment Signal: Sell

Current Market Cap: $4.62M

For a thorough assessment of SQFT stock, go to TipRanks’ Stock Analysis page.