Power REIT
pwreit.comWhat Do They Do?
Leases railroad property, solar-farm land, and greenhouse properties to rail operators, solar power projects, and plant cultivators.
10-K for FY2025, filed Mar 31, 2026Power REIT (the “Registrant” or the “Trust”, and together with its consolidated subsidiaries or “Power REIT”, unless the context requires…View ↗
The Trust is structured as a holding company and owns its assets through nineteen direct and indirect wholly-owned, special purpose…View ↗
Power REIT invested in greenhouses for state-licensed cannabis and food cultivation. Unfortunately, the market for both opportunities has…View ↗
How Do They Make Money?
Collects rent under railroad, solar-land and greenhouse leases. Railroad lease income is counted when received; solar and greenhouse lease income is generally spread across the lease term, but is counted on cash receipt if rent collection is doubtful.
10-K for FY2025, filed Mar 31, 2026
$2M
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10-K for FY2025, filed Mar 31, 2026
$2M ↗
Who Are Their Customers?
Tenants lease railroad property and solar-farm land for rail and utility-scale solar projects; greenhouse tenants use properties for state-licensed cannabis and food cultivation.
10-K for FY2025, filed Mar 31, 2026
Do Revenues Turn Into Profits?
No. It lost $2.2M in FY2025.
10-K for FY2025, filed Mar 31, 2026
10-K for FY2025, filed Mar 31, 2026
−$2.2MView ↗
How Are They Changing?
Shrinking. Revenue fell 76% in 4 years, from $8.5M in FY2021 to $2M in FY2025, about 30% a year.
Greenhouse strategy
The older report describes expanding into greenhouse acquisitions and pursuing more greenhouse transactions; the latest report focuses on selling or re-leasing existing greenhouse properties and exploring distressed real-estate investments and alternatives outside real estate.
10-K for FY2022, filed Mar 31, 2023 10-K for FY2025, filed Mar 31, 2026In 2019, we expanded the focus of our real estate acquisitions to include CEA properties in the United States. CEA is an innovative method…View ↗
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