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Stonegate Initiates Coverage on Gladstone Commercial Corp. (GOOD)

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Stonegate Capital Partners initiates coverage on Gladstone Commercial Corp.
Positive
  • Fundamentals remain strong with 96% occupancy levels
  • Diversification continues as 59% of properties are industrial
  • Debt levels are decreasing with a recent $35.7M fixed rate debt repayment
Negative
  • None.

Dallas, Texas--(Newsfile Corp. - October 17, 2023) - Gladstone Commercial Corp. (NASDAQ: GOOD): Stonegate Capital Partners initiates their coverage on Gladstone Commercial Corp. (NASDAQ: GOOD).

To view the full announcement, including downloadable images, bios, and more, click here.

Key Takeaways:

  • Fundamentals remain strong with 96% occupancy levels
  • Diversification continues as 59% of properties are industrial
  • Debt levels are decreasing with a recent $35.7M fixed rate debt repayment

Cannot view this image? Visit: https://images.newsfilecorp.com/files/7294/184335_figure1.jpg

Click image above to view full announcement.


About Stonegate

Stonegate Capital Partners is a leading capital markets advisory firm providing investor relations, equity research, and institutional investor outreach services for public companies. Our affiliate, Stonegate Capital Markets (member FINRA) provides a full spectrum of investment banking, equity research and capital raising for public and private companies.

Contacts:

Stonegate Capital Partners
(214) 987-4121
info@stonegateinc.com

Source: Stonegate, Inc.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/184335

FAQ

What is the coverage initiation on Gladstone Commercial Corp. by Stonegate Capital Partners?

Stonegate Capital Partners has initiated coverage on Gladstone Commercial Corp.

What are the occupancy levels of Gladstone Commercial Corp.?

The occupancy levels of Gladstone Commercial Corp. remain strong at 96%.

What is the diversification status of Gladstone Commercial Corp.'s properties?

Gladstone Commercial Corp. continues to diversify its properties, with 59% of them being industrial.

What is the recent debt repayment of Gladstone Commercial Corp.?

Gladstone Commercial Corp. has made a recent fixed rate debt repayment of $35.7M, leading to decreasing debt levels.

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About GOOD

gladstone commercial corporation is a publicly traded reit (nasdaq: good) that invests in single tenant and anchored multi-tenant net leased industrial, office and, to a lesser extent, medical properties nationwide. we also invest alongside developers in build-to-suit transactions where a tenant requires a new building. we buy properties with strong tenants of all sizes and we believe our track record of underwriting the credit of middle market businesses is unmatched. we target primary and secondary growth markets that possess favorable economic growth trends, diversified industries, growing populations, and strong employment. our senior management team, under the guidance of david gladstone, has over 200 years of combined experience investing in real estate and middle market businesses. we have a track record of success, as exhibited by a history of strong distribution yields, consistent occupancy greater than 96.0%, and 10+ years of paying continuous monthly cash distributions. we a