About Power REIT
Power REIT is a publicly listed company based in Old Bethpage (United States) founded in 1965. Investments are focused on energy and transportation infrastructure properties. The company has 2 employees. Power REIT has completed 1 acquisition, including Canndescent. Its chief executive, as recorded, is David Lesser. Power REIT offers products and services including Real Estate Investment and Financing Solutions. Its focus areas include REITs, Equity and Agriculture.
Company details
Power REIT was established in 1965 as an equity real estate investment trust. Focus is placed on acquiring and managing properties related to energy generation and transportation infrastructure. Operations are conducted primarily in the United States, with headquarters located in Old Bethpage, New York. Oversight is handled by Chairman and CEO David Lesser, ensuring alignment with sector-specific investment strategies.
- Headquarters Old Bethpage, United States
- Employees 2
- Stage Public
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website pwreit.com
- Social LinkedIn
- Legal Name Power Reit
- Annual Revenue$2.01 M (USD)-34.04as on Dec 31, 2025
- Net Profit-$2.2 M (USD)91.12as on Dec 31, 2025
- EBITDA-$149.01 K (USD)66.2as on Dec 31, 2025
- Employee Count2
- Investments & Acquisitions
Products & Services of Power REIT
Power REIT offers a comprehensive portfolio of products and services, including Real Estate Investment and Financing Solutions.
Invests in sustainable properties for long-term returns
Provides funding for controlled environment agriculture projects
People of Power REIT
7 people are tracked at Power REIT (3 in leadership, 4 in board & advisors); the tracked headcount is 2.
| Name | Role | Group |
|---|---|---|
David Lesser | Chairman & CEO | Leadership |
David H. Lesser | Chairman & CEO | Leadership |
Mary Jensen | Director, Investor Relations | Leadership |
Virgil E. Wenger | Trustee | Board & advisors |
William S. Susman | Trustee | Board & advisors |
Patrick R. Haynes III | Trustee | Board & advisors |
Dionisio D'Aguilar | Trustee | Board & advisors |
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IPO & Listings of Power REIT
Power REIT is a publicly listed company on the AMEX with ticker symbol PW in USA, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date16 Aug 2010
- Listed onNYSEAMERICAN: PW
- Listed entityPower REIT
- Exchange sectorFinance
- ISINUS73933H3093
- Share price$6.92 (-1.14% on the day) · 2026-10-13
- Market capitalisation$2.5M
- EPS (diluted, trailing year)$-6.29
- Volume (last session)2,561
Financials of Power REIT
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $2.0M | -$2.2M | -$149,010 |
| 2024 | $3.0M | -$24.7M | -$440,800 |
| 2023 | $2.2M | -$14.4M | -$2.0M |
| 2022 | $8.5M | -$14.2M | $6.1M |
| 2021 | $8.5M | $5.1M | $7.5M |
Detailed financial statements for Power REIT
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Investments & Acquisitions by Power REIT
Power REIT has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Canndescent.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Integrated business for cultivation and processing of cannabis | canndescent.com | Santa Barbara, United States | 2015 | Feb 2021 | $7.7M |
Complete acquisition details for Power REIT
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Timeline of Power REIT
3 dated milestones of Power REIT across 56 years, from founding to its latest funding, stage changes and deals.
- Founded Power REIT is founded.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Canndescent.
Web traffic of Power REIT
The website of Power REIT (pwreit.com) receives about 1.6K visits a month.
- Monthly visits1.6K
▲ 16.3% vs previous month
Websites whose visitors overlap most with Power REIT. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| google.com | 100% | 85.8B | #1 | View details |
Top companies in REITs
3 companies that operate in the same segment as Power REIT (REITs) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Wireless communications infrastructure and data center solutions are provided. | 1994 | Boston, Massachusetts, United States | USD 10.64 B | 4,690 | ||
REIT that invests in campuses, multi-tenant spaces and build-to-suit facilities in the US | 1994 | Pasadena, California, United States | USD 3.03 B | 552 | ||
Telecom and network infrastructure investments are managed as a REIT. | 2015 | Little Rock, Arkansas, United States | USD 2.23 B | 758 |
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Related news about Power Reit
Complete news archive for Power REIT
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Frequently Asked Questions about Power REIT
Power REIT was founded in 1965.
Power REIT is headquartered in Old Bethpage, United States. It is registered at Old Bethpage, New York, United States.
David Lesser is the CEO of Power REIT, as recorded in our data.
Power REIT has 2 employees.
Annual revenue of Power REIT is $2.01M as on Dec 31, 2025.
Power REIT was established in 1965 as an equity real estate investment trust. Focus is placed on acquiring and managing properties related to energy generation and transportation infrastructure. Operations are conducted primarily in the United States, with headquarters located in Old Bethpage, New York. Oversight is handled by Chairman and CEO David Lesser, ensuring alignment with sector-specific investment strategies.
Power REIT offers Real Estate Investment and Financing Solutions.
Yes, Power REIT is publicly traded on AMEX under the ticker symbol PW.
Power REIT has made 1 acquisition, including Canndescent.
Power REIT operates through Power Reit.