Gladstone Commercial Corporation operates as a real estate investment trust (REIT) in the United States. The company invests in and owns net leased industrial and commercial real properties; and makes long-term industrial and commercial mortgage loans. It leases its real estate properties to small and medium size businesses, as well as to large public companies. As of December 31, 2006, the company owned 40 properties and held 1 mortgage loan. Gladstone Commercial qualifies as a REIT for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was founded in 2003...
READ MORE