Company: SQFTP
Filing Date: 2025-08-25
Form Type: 424B3
Source: 0001493152-25-012275
Chunk: 30

Company: Presidio Property Trust, Inc.
Filing Date: 2025-08-25
Form: 424B3
Chunk 30
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2025. We plan to refinance a significant portion of the mortgage notes payable or sell the model home properties to repay the mortgage notes payable. We have $30.5 million of principal payments on mortgage notes payable relating to commercial properties in 2025, four of which are maturing in 2025. The loans for Union Town Center (“UTC”) and Research Parkway were paid in full, when the properties were sold in February 2025. The loan on Dakota Center matured in July 2024 and management has been working with the lender and their special servicer of the loan to sell the property and settle the debt. The lender has agreed to the Company selling the property on 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.