Presidio Reports Q3 Home Sales

The REIT shows steady leasing and asset management as it adapts to softening mortgage and capital markets.

October 08, 2025

Presidio Highlights Key Real Estate Activity in Q3 2025

Presidio Property Trust made several moves in the third quarter that reflect its approach to managing through uncertainty—selling model homes, locking in refinancing, and maintaining high leasing retention across its commercial portfolio.

The company sold three model homes for approximately $1.6 million. These homes, acquired between 2022 and 2023 for around $1.7 million in total, were part of a portfolio that continues to drive value for Presidio. Model homes currently make up about 35% of the firm’s net real estate assets and contribute roughly 21% of rental revenue. As of September 30, Presidio fully owned 64 of the 84 model homes it manages.

While resale activity has been slow, Presidio noted a modest pickup in demand as mortgage rates began to ease. That change in market tone opened the door to renewed interest—and Presidio responded with timely dispositions. The company is actively monitoring acquisition opportunities as well, with a focus on markets where it sees long-term upside.

Commercial Moves and Leasing Stability

On the commercial side, Presidio refinanced its One Park Center property in suburban Denver. This five-year loan deal is the second office refinance the company completed this year, showing its ability to stay flexible in a tight capital market environment.

Leasing momentum remained strong through Q3. So far this year, the company has leased roughly 115,000 square feet, with 91% of 2025 lease expirations already extended through November. Those numbers point to consistent tenant engagement and a portfolio that continues to perform.

Presidio’s assets include triple-net-leased model homes concentrated in sun belt markets, alongside a mix of office, industrial, and retail properties. Its commercial holdings are anchored in Colorado, with additional sites across Maryland, North Dakota, Texas, and Southern California.

Each move—whether a sale, refinance, or lease extension—reflects a strategy built on staying responsive. As market conditions shift, Presidio is positioning itself to manage risk, hold tenant relationships, and pursue targeted growth across its core markets.