- The company chose not to exercise its option to purchase the facility following development of the 81K square-foot transitional care facility.
- With the exit fee, Gladstone (NASDAQ:GOOD) earned an IRR of 22% on its $5.9M investment.
- This was the first in Gladstone's new program to partner with developers on build-to-suit projects.
- Source: Press Release
Gladstone Commercial profitably exits Phoenix healthcare deal
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Symbol | Last Price | % Chg |
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GOOD | - | - |
Gladstone Commercial Corporation |