Power REIT (PW) risk factors
Item 1A of every Power REIT 10-K on file, and what changed from one year to the next.
- FY2025 10-K risk factors
72 risks, 4 new, 8 dropped, 23 reworded since the prior year. Power REIT faces going concern doubts driven by greenhouse portfolio losses and property tax arrears. The cannabis-focused greenhouse portfolio struggles with vacancies, tenant defaults, and monetization challenges. Management and affiliates hold overlapping interests, creating potential conflicts.
Filed Mar 31, 2026 - FY2024 10-K risk factors
76 risks. Power REIT faces going concern doubts due to a $25.4 million net loss and $17.4 million in current loan liabilities for 2024. The greenhouse portfolio has defaulted on loans, resulting in litigation and property foreclosure risks. Operations heavily depend on the volatile regulated cannabis industry and a limited number of tenants.
Filed Mar 31, 2025