George "Chip" Stelljes, III was elected as Director at GLADSTONE COMMERCIAL CORP.
“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.”
Earnings Releases
GLADSTONE COMMERCIAL CORP reported first quarter ended March 31, 2026 results: net income $3.8 million, EPS $0.08 per share.
“Net income available to common stockholders and Non-controlling OP Unitholders for the three months ended March 31, 2026 was $3.8 million, or $0.08 per share”
Debt Financings
GLADSTONE COMMERCIAL CORP incurred senior notes of $85,000,000 million aggregate principal amount with institutional investors named therein at 5.99% maturing December 15, 2030.
“the Partnership issued to the Purchaser $85,000,000 million aggregate principal amount of its 5.99% Senior Guaranteed Notes due December 15, 2030”
Debt Financings
GLADSTONE COMMERCIAL CORP amended credit facility of $600 million with KeyBank National Association, as agent, sole book manager and joint lead arranger, Bank of Amercia, N.A., The Huntington Bank and Fifth Third Bank National Association, as joint lead arrangers and co-syndication agents maturing October 2029 (revolving credit and Term Loan A), February 2030 (Term Loan B).
“certain other lenders party thereto (the “Amended Credit Facility”). Among other things, the Amended Credit Facility: • Increased the credit facility size from $475 million to $600 million, with the term loan component of the credit facility being increased to $400 million through, a $35 million reduction to Term Loan A, a $103 million increase to Term Loan B, an”
Debt Financings
GLADSTONE COMMERCIAL CORP incurred term loan of $20.0 million with KeyBank National Association at SOFR plus a margin of 155 to 200 basis points, or a base rate plus a margin of 5 maturing May 30, 2027.
“for an aggregate amount of $20.0 million. The Term Loan is scheduled to mature on May 30, 2027, and will bear interest at a rate equal to either (i) the secured overnight financing rate (“SOFR”) plus a margin of 155 to 200 basis points, or (ii) a base rate plus a margin of 55 to 100 basis points.”
Terry Lee Brubaker retired as Chief Operating Officer at GLADSTONE COMMERCIAL CORP.
“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.”
Katharine Cornell Gorka was elected as Director at GLADSTONE COMMERCIAL CORP.
“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.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.