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.
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 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 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 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.
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 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 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 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 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).
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 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 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 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 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.
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.
Q4 total operating revenue $35.3M (+2.8% QoQ); FFO $0.40/share (down 9.1%); Core FFO $0.40 (up 2.6%).
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