Presidio Property Trust, Inc. Announces Executive Changes
March 03, 2021 at 09:34 pm
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Effective March 1, 2021, Presidio Property Trust, Inc. appointed Mr. Edwin H. Bentzen IV, age 44, to serve as its Chief Accounting Officer. Mr. Bentzen will report to Mr. Adam Sragovicz, the Company's Chief Financial Officer. In his position, Mr. Bentzen will succeed Mr. Sragovicz as the Company's principal accounting officer and be responsible for Sarbanes-Oxley compliance in addition to the preparation and certification of the Company's financial reports. Prior to joining the Company, Mr. Bentzen served as Chief Financial Officer and Chief Operations Officer for Crystal View Capital Management, LLC in 2020, as a Chief Financial Officer /Finance consultant for various clients (including real estate development companies) from 2018 to 2020, and as Chief Financial Officer for The Parking REIT, Inc. (formerly MVP REIT, Inc. and MVP REIT II, Inc.) from 2016 to 2018. Prior to these roles, Mr. Bentzen held senior and/or accounting roles at Western Funding, Inc., Vestin Group, Inc., and a local CPA firm in Las Vegas, Nevada.
Presidio Property Trust, Inc. is an internally managed, diversified real estate investment trust (REIT) with holdings in model home properties which are triple-net leased to homebuilders, office, industrial, and retail properties. The Company's model homes are leased to homebuilders located in Arizona, Illinois, Texas, Wisconsin, and Florida. The Company's office, industrial and retail properties are located primarily in Colorado, with properties also located in Maryland, North Dakota, Texas, and Southern California. The Company acquires and operates properties in three business segments, including Office/Industrial Properties, Model Home Properties and Retail Properties. It owns approximately 12 commercial properties that are located in Colorado, North Dakota, California, Maryland and Texas. It also owns approximately 110 model home properties that are located in five states throughout the United States. Its retail properties include Union Town Center, Research Parkway and Mandolin.