Gladstone Commercial

Gladstone Commercial has signed a 10‑year, 5‑month lease with Ohio Life Sciences for 34,361 square feet in its office and research building in New Albany, Ohio, bringing the property to 100% occupancy. The lease supports an Ohio Life Sciences training program for bioproduction, including a training center with simulated labs and clean rooms. Gladstone emphasizes strategic deployment of capital to enhance value; the REIT managed 151 properties totaling about 17.7 million square feet as of March 31, 2026, has a market capitalization of $602 million and yields a dividend of 9.76%. » Mere på de.investing.com

At the annual general meeting on May 7, 2026, a dividend of $1.20 per share was confirmed for the 2025 fiscal year, unchanged from the prior period. The distribution costs Gladstone Commercial a total of $68.17 million and is therefore 8.57 percent higher than the previous year. Based on the closing price on the meeting day, the dividend yield for 2025 is 11.25 percent; FactSet expects unchanged payments but a yield of 9.43 percent. » Mere på finanzen.net

Gladstone Commercial reported Q1 2026 FFO of $0.35 per diluted share and total operating revenue of $41.9 million, with portfolio metrics including 100% cash rent collection, 98.7% occupancy and a 7.3‑year WALT. Management reiterated the common dividend of $0.30 per share per quarter and said it is recycling non‑core assets into industrial acquisitions, targeting industrial rent to exceed 20% of annualized straight‑line rent in 2026. The company has ~ $7.8 million cash and ~$77 million available on its credit line, is working on two industrial deals and has about three LOIs (~$87 million) under review with target acquisitions around mid‑6.5% cap rates. » Mere på finance.yahoo.com

Gladstone Commercial completed a private placement of $85 million, issuing senior unsecured notes through its subsidiary to institutional investors with a maturity of Dec. 15, 2030 and a 5.99% coupon. Proceeds will be used to repay outstanding borrowings under the revolving credit facility and for general corporate purposes. The REIT highlights a solid liquidity position and says the issuance continues its shift from secured mortgage debt to unsecured notes, despite high total leverage and mixed quarterly results. » Mere på de.investing.com

Gladstone Commercial raised its syndicated credit facility from 475 million to 600 million US dollars and secured an option to expand it to up to 850 million US dollars. The revolving credit line was increased by 75 million and extended through October 2029; term loans A and B were extended through October 2029 and February 2030, respectively. The transaction was arranged by a banking consortium led by Key Bank and Bank of America and is intended to provide liquidity and a staggered maturity profile. In addition, the company reported mixed Q2 results, acquired an industrial portfolio for 54.5 million US dollars, and signed a 10‑year lease renewal with JBT Marel. » Mere på de.investing.com