Gladstone Commercial's 8% Yield Is Available At A Steal
Gladstone mercial (GOOD) Seeking Alpha·2024-06-07 00:12
Dragon Claws 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. Gladstone Commercial Corporation (NASDAQ:GOOD) also owns office properties, but the trust collected 100% of its cash rent in 1Q24 and the pay-out metrics still look rather compelling from a passive income investors' ...