Gladstone mercial (US:GOOD)2025-11-04 13:30Financial Performance - Gladstone Commercial generated Funds From Operations (FFO) and Core FFO of $164 million, or $035 per diluted share, each for Q3 2025[16] - For the nine months ended September 30, 2025, net income available to common stockholders was $4354 thousand[23] - As of September 30, 2025, the weighted average interest rate on mortgage debt was 422%[29] Portfolio Overview - As of September 30, 2025, total assets were approximately $13 billion, representing investments in 151 properties leased to 110 tenants across 27 states[9] - The company's portfolio had a high occupancy rate of 991% as of September 30, 2025[11] - The average remaining lease term for the company's leases was 75 years as of September 30, 2025[9, 11] - Investment grade or investment grade equivalent tenants accounted for approximately 53% of the company's tenants[9, 59] Capital Structure and Liquidity - As of September 30, 2025, net total debt to enterprise value was 509%[12] - The company's total liquidity as of September 30, 2025, was $246 million, including $184 million in cash and cash equivalents and $62 million available under the revolving credit facility[13] Acquisitions and Dispositions - The company purchased a six-facility industrial portfolio for $545 million with a 200-year lease term in Q3 2025[16]