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Gladstone Commercial reported financial results for the first quarter ended March 31, 2024. The company's Core FFO decreased by 4.5% to $13.9 million, and net income dropped to $0.3 million. Gladstone Commercial successfully collected 100% of cash rents and sold non-core properties. The company's President, Buzz Cooper, highlighted stable revenues, successful capital recycling programs, and positive tenant credit underwriting.
Gladstone Commercial (Nasdaq: GOOD) announces its First Quarter Ended March 31, 2024 Earnings Call & Webcast on May 7, 2024. The company is a real estate investment trust focusing on net leased industrial and office properties in the US.
