2024-06-06 12:12:18 ET
Summary
- Gladstone Commercial Corporation has collected 100% of its cash rent in 1Q24, making it a compelling investment for passive income investors.
- The trust is more focused on industrial real estate, which is performing better than office properties.
- The stock is cheap based on funds from operations (FFO), making it a solid long-term investment option.
In the last year, real estate investment trusts with office investments have dealt with growing investor concerns about loan performance. High interest rates and weak occupancy performance due to hybrid work arrangements have put pressure on those trusts that own office properties....
Read the full article on Seeking Alpha
For further details see:
Gladstone Commercial's 8% Yield Is Available At A Steal