Praetorian Property PRRE · USD

Its shares trade under the ticker PRRE. It has been listed since 15 May 2012. In the fiscal year to 31 December 2015, it reported revenue of $10.7m and a net loss of $426,649. At that date it held total assets of $16.6m and shareholders' equity of −$734,590.

Praetorian Property, Inc. engages in acquisition, rehabilitation, sale, lease, and development of real estates. The company is headquartered in Scottsdale, Arizona. The company went IPO on 2012-05-15. The firm is engaged in the business of acquiring a portfolio of distressed properties in certain areas at discounts, rehabilitating its properties and selling or leasing them. The company caters to the real estate needs of the regulated cannabis industry, in states and other locations. The firm intends to purchase real estate assets, and lease growing space and related facilities to licensed marijuana growers and dispensary owners for their operations. The company owns approximately 70 properties, which include over 50 rehabilitated and sold or are under contract for sale and over 10 rehabilitated and are listed for sale. The remaining approximately 10 properties are in the process of rehabilitation. The company owns approximately three classes of real estate, including single family, multi-family and commercial, which are located in Florida, Illinois, California, Ohio, Michigan and Washington.

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