Company: SQFTP
Filing Date: 2025-10-28
Form Type: DRS
Source: 0001493152-25-019889
Chunk: 29

Company: Presidio Property Trust, Inc.
Filing Date: 2025-10-28
Form: DRS
Chunk 29
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 the open market with the use of a broker. We have also begun the process to refinance the remaining two loans. If we are unsuccessful in refinancing the property or changing the terms of the original loan, management would consider selling the property and paying the loan in full or surrendering the property to the current lender.

Our short-term liquidity needs include satisfying the debt service requirements of our existing mortgages. Overall the commercial properties and Model Homes adequately covered their debt servicing needs during the year ended December 31, 2024, and management expect this to continue during the next twelve months. If our cash flow from operating activities is not sufficient to fund our short-term liquidity needs, we will fund a portion of these needs from additional borrowings of secured or unsecured indebtedness, from real estate sales, from sales of equity or debt securities, or we will reduce the rate of distribution to the stockholders.

Our mortgage obligations consist of the following:

Mortgage notes payable consist of the following:

| Mortgage note               
 property                    |     | Principal 
 as of     
 2025      |   June 30, |   |     | 2024 | December 31, |   |     | Type | Loan  |     | Rate 
 (1)  | Interest |   |     | Maturity |           |
|:----------------------------|:----|:----------|-----------:|:--|:----|:-----|-------------:|:--|:----|:-----|:------|:----|:-----|---------:|:--|:----|:---------|:----------|
| Dakota Center (2)           |     |           |  8,873,095 |   |     | $    |    9,091,395 |   |     |      | Fixed |     |      |     4.74 | % |     |          | 7/6/2024  |
| Research Parkway (3)        |     |           |          - |   |     |      |    1,526,860 |   |     |      | N/A   |     |      |      N/A |   |     |          | N/A       |
| Arapahoe Service Center     |     |           |  8,670,000 |   |     |      |    8,670,000 |   |     |      | Fixed |     |      |     6.75 | % |     |          | 12/5