secwatch.observer — SEC 8-K summary
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Issuer:     GLADSTONE COMMERCIAL CORP (GOOD)
CIK:        0001234006
Form:       8-K
Filed at:   2022-02-15T23:59:59+00:00
Accession:  0001234006-22-000004
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gladstone Commercial Q4 Core FFO $0.40; CEO Cutlip to retire June 2022; acquired 11 properties for $99.7M in 2021
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- Q4 total operating revenue $35.3M (+2.8% QoQ); FFO $0.40/share (down 9.1%); Core FFO $0.40 (up 2.6%).
- FY 2021 net loss available to common $4.6M ($0.12 loss per share) vs income $3.2M in 2020.
- Acquired 11 industrial properties for $99.7M at 7.03% cap rate; issued Series G Preferred raising ~$96.6M; redeemed Series D.
- Monthly common dividend increased to $0.125275 in Oct 2021, then to $0.1254 in Jan 2022.
- President Bob Cutlip intends to retire by June 30, 2022; Arthur 'Buzz' Cooper appointed co-President.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1234006/000123400622000004/0001234006-22-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1234006/000123400622000004/good-20220215.htm
  HTML page:      https://secwatch.observer/filing/0001234006-22-000004

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