Highest-materiality recent filing
Gladstone Commercial Q2 Core FFO $0.38, revenue $44M (+5% QoQ), 100% rent collection
Core FFO available to common stockholders and OP Unitholders was $18.3M ($0.38 per share), up 7.7% from Q1 2026.
Gladstone Commercial elects George Stelljes as director; board expands to eight
George Stelljes elected to board effective June 1, 2026; joins 2028 director class as independent.
Gladstone Commercial stockholders elect English and Parker as directors, ratify PwC as auditor
Michela English elected with 12,140,957 votes for and 10,501,927 withheld; broker non-votes 12,361,148.
Gladstone Commercial Q1 Core FFO $0.35/shr, -5.4% QoQ; net income rises to $3.8M
Total operating revenue $41.9M, down 3.6% QoQ from $43.5M in Q4 2025.
David Gladstone steps down as CEO; Buzz Cooper named CEO, John Sateri CIO
David Gladstone stepped down as CEO effective March 20, 2026; remains Chairman and will continue as Chairman/CEO/President of adviser Gladstone Management.
Gladstone Commercial Q4 FFO $0.37/share, revenue $43.5M, up 6.4% QoQ
Q4 total operating revenue $43.5M (+6.4% QoQ); net income $5.4M vs $4.1M prior Q.
Gladstone Commercial issues $85M senior notes at 5.99% due 2030
Issued $85M aggregate principal of 5.99% Senior Guaranteed Notes due December 15, 2030 in a private placement.
Gladstone Commercial Q3 Core FFO $16.4M ($0.35/share); acquires $54.8M portfolio
Total operating revenue $40.8M (+3.3% QoQ); net income $4.1M, down from $4.6M QoQ.
Gladstone Commercial upsizes credit facility to $600M, extends maturities to 2029-2030
Credit facility increased from $475M to $600M; aggregate term loan component upsized by $50M, revolver by $75M to $200M.
Amendment No. 2 removes Robert W. Baird as sales agent and adds Huntington Securities, Inc.
Gladstone Commercial Q2 core FFO $0.35/share (+2.9% QoQ); completes $79.3M in acquisitions
Total operating revenue $39.5M, up 5.4% from Q1; net income available to common $1.5M ($0.03/sh).
Gladstone Commercial enters $20M unsecured term loan with KeyBank, matures May 2027
Term loan for $20 million, unsecured, due May 30, 2027.
Gladstone Commercial Q1 2025 Core FFO $0.34/share; net income $0.04/share
Core FFO of $15.2M ($0.34 diluted per share) vs $15.3M in prior quarter, down 0.2%.
Gladstone Commercial Corp. announces 2025 annual meeting voting results
Elected David Gladstone (22,231,063 for) and John H. Outland (12,466,514 for) as directors until 2028; broker non-votes 10,826,643.
Gladstone Commercial Q4 FFO per share $0.35, down from $0.38; FY 2024 Core FFO $1.42 vs $1.47
Q4 2024 total operating revenue $37.4M, down 4.7% from Q3; net income $7.2M, down 39%.
Gladstone Commercial issues $75M 6.47% senior notes due 2029 to repay credit facility
Issued $75M aggregate principal of 6.47% Senior Guaranteed Notes due Dec 18, 2029.
Director Paul W. Adelgren resigns from Gladstone Commercial board effective Dec 15, 2024
Paul W. Adelgren notified the company on Dec 3, 2024, of his resignation.
COO Terry Lee Brubaker retiring Dec 2; search for CIO launched
Terry Lee Brubaker will retire as COO effective Dec 2, 2024.
Gladstone Commercial Q3 Core FFO $0.38/share, revenue up 5.9% QoQ
Total operating revenue $39.2M, up 5.9% from Q2; net income $11.7M vs $1.6M in Q2.
Gladstone Commercial elects Katharine Cornell Gorka to board, effective Aug 22, 2024
Elected as independent director in 2027 class, term through 2027 annual meeting.
Gladstone Commercial Q2 net loss $1.6M; core FFO $0.36 per share, up 5.9%
Net loss attributable to common stockholders $1.6M ($0.04/sh) vs net income $0.3M ($0.01/sh) in Q1.
Gladstone Commercial Q1 2024 Core FFO $0.34/share, down from $0.36; 100% rent collected
Core FFO available to common was $13.9M ($0.34 per share), down 4.5% from $14.5M ($0.36) in Q4 2023.
Gladstone Commercial shareholders re-elect directors, ratify PwC as auditor at 2024 annual meeting
Walter H. Wilkinson, Jr. re-elected director with 9,671,107 votes For; 11,072,584 broker non-votes.
Gladstone Commercial files new Series F Preferred Stock prospectus; shares reduced to 19.1M
Filed new prospectus supplement for Series F Preferred Stock offering on May 1, 2024.
Gladstone Commercial enters $250M at-the-market equity offering agreement
Amendment to existing ATM sales agreement allows sale of up to $250M of common stock.
Gladstone Commercial Q4 FFO $0.36; FY23 core FFO $1.47; annual dividend cut 20% to $1.20
Q4 total operating revenue $35.9M (-1.5% QoQ); net income $4.6M vs $1.8M prior Q.
Gladstone Commercial Q3 Core FFO $0.34, down 17% QoQ; net loss narrows to $0.04/share
Core FFO available to common stockholders fell to $0.34 per diluted share from $0.41 in Q2 2023.
Gladstone Commercial amends bylaws on Executive Committee composition
Board approved Third Amendment to Bylaws effective October 10, 2023.
Gladstone Commercial Q2 net loss $7.8M available to common; Core FFO $0.41/share up 10.8%
Net loss available to common stockholders of $7.8M ($0.19/share) vs prior quarter net income $0.03M.
Gladstone Commercial declares Q3 distributions; adviser waives incentive fees for H2 2023
Monthly common stock distribution $0.10 per share for July, August, September 2023, unchanged.
Gladstone Commercial elects English and Parker as directors; PwC ratified as auditor
Michela English elected with 11,568,368 votes for, 5,989,358 withheld (broker non-votes 11,799,845).
Gladstone Commercial Q1 Core FFO $0.37, revenue down 1.8% QoQ; cuts dividend 20%
Core FFO available to common stockholders $15.0M ($0.37/share), up 9.3% from Q4 2022; net loss narrowed to $(0.02)/share from $(0.03).
Director Terry L. Brubaker resigns from Gladstone Commercial board effective April 14, 2023
Terry L. Brubaker resigned from the board of directors effective immediately on April 14, 2023.
Gladstone Commercial authorizes $50M common stock repurchase program through March 2024
Board authorized repurchase of up to $50M of common stock; authorization expires March 20, 2024.
Gladstone Commercial enters $250M at-the-market equity offering agreement
Entered ATM sales agreement with BofA Securities, Goldman Sachs, Baird, KeyBanc, and Fifth Third.
Gladstone Commercial Q4 net loss $1.3M, FFO $0.34; cuts monthly dividend to $0.10
Q4 total operating revenue $37.2M, down 6.6% sequentially; net loss attributable to common $1.3M ($0.03/share).
Gladstone Commercial amends dealer agreement to permit new 6.00% Series F preferred offering
Amendment dated Feb 9, 2023 allows issuance of 6.00% Series F Cumulative Redeemable Preferred Stock.
Gladstone Commercial terminates ATM equity offering agreements due to registration expiry
Terminates Common Stock and Series E Preferred Stock ATM Sales Agreements, effective Feb 10, 2023.
Gladstone Commercial cuts monthly common dividend 20% to $0.10; adviser waives Q1/Q2 incentive fees
Monthly common dividend reduced from $0.1254 to $0.10 per share for Jan/Feb/Mar 2023.
Gladstone Commercial authorizes $20M repurchase of Series E and Series G preferred stock
Board authorizes up to $20M repurchase of 6.625% Series E Cumulative Redeemable Preferred Stock (GOODN).
Gladstone Commercial Q3 Core FFO $0.44/share; acquires four industrial properties for $46.1M
Core FFO available to common stockholders $17.5M ($0.44 per diluted share), up 14.9% QoQ.
Gladstone Commercial elects insider Paula Novara to board as 2024 class director
Paula Novara, age 53, Head of Resource Management since founding, elected director effective Oct 11, 2022.
Gladstone Commercial upsizes credit facility to $480M, extends maturities through 2028
Credit facility increased from $325M to $480M; new Term Loan C of $140M added.
Gladstone Commercial Q2 net loss $1.5M; Core FFO flat at $0.39/share; 100% rent collection
Total operating revenue $36.4M, up 2.4% from $35.5M in Q1 2022.
David Gladstone re-elected with 14.46M votes for, 4.91M withheld; Paul Adelgren and John Outland also elected.
Gladstone Commercial Q1 Core FFO $0.40/share flat QoQ; President Cutlip to retire June 30
Core FFO available to common stockholders and OP Unitholders was $15.3M ($0.40 diluted), up 1.3% from Q4 2021.
Amends ATM equity sales agreement to allow issuance under new S-3 registration
Amendment to Common Stock Sales Agreement dated Dec 3, 2019, effective Feb 22, 2022.
Q4 total operating revenue $35.3M (+2.8% QoQ); FFO $0.40/share (down 9.1%); Core FFO $0.40 (up 2.6%).
Gladstone Commercial appoints Buzz Cooper co-President; Bob Cutlip to retire by June 30
Arthur S. 'Buzz' Cooper appointed co-President effective January 11, 2022; previously Chief Investment Officer.
Director Caren Merrick resigns from Gladstone Commercial board for Virginia state role
Effective Jan 8, 2022, Caren Merrick resigned from the board immediately.
On June 1, 2026, the Board of Directors (the “Board”) of Gladstone Commercial Corporation (the “Company”) elected George “Chip” Stelljes, III to the Board, effective June 1, 2026.
On November 13, 2024, Terry Lee Brubaker gave notice that he will be retiring as the Chief Operating Officer of Gladstone Commercial Corporation (the “Company”) effective December 2, 2024.
On August 22, 2024, Gladstone Commercial Corporation (the “Company”) announced the election of Katharine Cornell Gorka to its Board of Directors (the “Board”), effective August 22, 2024.
On April 14, 2023, Terry L. Brubaker notified Gladstone Commercial Corporation (the “Company”) that he is resigning from the Company’s board of directors, effective immediately.
On October 12, 2022, Gladstone Commercial Corporation (the “Company”) announced the election of Paula Novara to its Board of Directors (the “Board”), effective October 11, 2022.
On January 11, 2022, the board of directors of Gladstone Commercial Corporation (the “Company”) appointed Arthur S. “Buzz” Cooper, age 65, co-president of the Company effective immediately.
On January 13, 2022, Bob Cutlip notified the Company that he will be resigning as president of the Company on or about June 30, 2022.
On January 8, 2022, Caren Merrick notified Gladstone Commercial Corporation (the “Company”) that she is resigning from the board of directors of the Company effective immediately.
Max materiality 0.80 · Median 0.55 · Most common event earnings