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Last $0.03 USD
Change Today 0.00 / 0.00%
Volume 0.0
PDNLB On Other Exchanges
As of 8:10 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

presidential rlty new -cl b (PDNLB) Snapshot

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52 Week High
09/9/14 - $0.35
52 Week Low
12/29/14 - $0.01
Market Cap
Average Volume 10 Days
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presidential rlty new -cl b (PDNLB) Details

Presidential Realty Corporation operates as a real estate investment trust (REIT). The company owns shopping malls and real estate directly and through joint ventures, as well as makes loans secured by interests in real estate. As of December 31, 2007, it had ownership interests in 154 apartment units, and 619,500 square feet of commercial, industrial, and professional space. The company qualifies as a REIT under the Internal Revenue Code. As a REIT, the company would not be subject to federal income tax to the extent that it distributes at least 90% of its taxable income to its shareholders. Presidential Realty Corporation was founded in 1911 and is based in New York, New York.

6 Employees
Last Reported Date: 03/25/15
Founded in 1911

presidential rlty new -cl b (PDNLB) Top Compensated Officers

Chairman of the Board and Chief Executive Off...
Total Annual Compensation: $225.0K
President, Chief Operating Officer, Principal...
Total Annual Compensation: $225.0K
Compensation as of Fiscal Year 2014.

presidential rlty new -cl b (PDNLB) Key Developments

Presidential Realty Corporation Announces the Settlement of All Claims Against Presidential Realty Related to its Puerto Rico Property

Presidential Realty Corporation announced that the company settled all claims against it relating to the foreclosure and company guaranty of the Hato Rey Center property in Puerto Rico. The settlement included the foreclosure of the Hato Rey Center in Puerto Rico, release of Presidential REIT from all remaining claims including those under the guaranty and a one-time payment to the lender of $200,000. The company is pleased to have resolved the litigation and management is looking forward to focusing on the future growth of the company.

Presidential Realty Corp. announced delayed 10-Q filing

On 11/15/2013, Presidential Realty Corp. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.


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