David Gladstone
Chairman and Chief Executive Officer
Mr. Gladstone is our Founder and has served as Chief Executive Officer and Chairman of the Board since our inception in 2003. He also founded and continues to serve as Chief Executive Officer and Chairman of the board of directors of our affiliates, including Gladstone Capital Corporation (“Gladstone Capital”), Gladstone Investment Corporation (“Gladstone Investment”), Gladstone Land Corporation (“Gladstone Land”), our Adviser, and our Administrator. Mr. Gladstone additionally serves on the board of managers of our affiliated broker-dealer, Gladstone Securities, LLC (“Gladstone Securities”). Prior to founding the Company, Mr. Gladstone served as either Chairman or Vice Chairman of the board of directors of American Capital, Ltd. (Nasdaq: ACAS), a publicly-traded leveraged buyout fund and mezzanine debt finance company, from 1997 to 2001. From 1974 to 1997, Mr. Gladstone held various positions, including Chairman and Chief Executive Officer, with Allied Capital Corporation (NYSE: ALD), Allied Capital Corporation II, Allied Capital Lending Corporation and Allied Capital Advisors, Inc., a registered investment adviser that managed the Allied companies. The Allied companies were the largest group of publicly-traded mezzanine debt funds in the United States and were managers of two private venture capital limited partnerships. From 1991 to 1997, Mr. Gladstone served either as Chairman of the board of directors or President of Allied Capital Commercial Corporation, a publicly-traded REIT that invested in real estate loans to small and medium-sized businesses, managed by Allied Capital Advisors, Inc. He managed the growth of Allied Capital Commercial from no assets at the time of its initial public offering to $385 million in assets at the time it merged into Allied Capital Corporation in 1997. From 1992 to 1997, Mr. Gladstone served as a Director, President and Chief Executive Officer of Business Mortgage Investors, a privately-held mortgage REIT managed by Allied Capital Advisors, which invested in real estate loans to small and medium-sized businesses. Mr. Gladstone is also a past Director of Capital Automotive REIT, a real estate investment trust that purchases and net leases real estate to automobile dealerships. Mr. Gladstone served as a Director of The Riggs National Corporation (the parent of Riggs Bank) from 1993 to May 1997 and of Riggs Bank from 1991 to 1993. He served as a Trustee of the George Washington University and currently is Trustee Emeritus. He is a past Member of the Listings and Hearings Committee of the National Association of Securities Dealers, Inc. Mr. Gladstone was the Founder and Managing Member of The Capital Investors, LLC, a group of angel investors, and is currently a Member Emeritus. Mr. Gladstone holds an MBA from the Harvard Business School, an MA from American University and a BA from the University of Virginia. Mr. Gladstone has co-authored two books on financing for small and medium-sized businesses, Venture Capital Handbook and Venture Capital Investing.
Buzz Cooper
President
703-287-5815
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Mr. Cooper joined the Gladstone Companies at their inception in June 2001 with an extensive background in commercial real estate finance. He is currently the President of Gladstone Commercial Corporation (the “Company”) where he is focused on the executive oversight of the sourcing and executing of net leased real estate acquisitions as well as portfolio and corporate strategy. He is also responsible for the development and retention of talent necessary to operate and grow the business. During his tenure with the Company, Mr. Cooper has been responsible for acquiring the majority of the Company’s real estate portfolio.
Prior to joining the Company, Mr. Cooper served as a Senior Vice President and Principal of Allied Capital Corporation and its affiliate funds from 1986 to 2000. At Allied Capital, Mr. Cooper was responsible for originating all forms of commercial real estate loans and servicing a portfolio of over $300 million in debt instruments and mortgages. During his career, he has negotiated and closed all types of commercial real estate transactions and financings. Mr. Cooper received a BA in Sociology and Anthropology from Washington and Lee University and is a member of the National Association of Industrial Office Properties (NAIOP).
Terry Lee Brubaker
Chief Operating Officer
Mr. Brubaker has served as our Chief Operating Officer since our inception in 2003, as Director from our inception to April 2023, as Vice Chairman from 2007 to April 2023, as President from our inception through July 2007, and as Secretary from our inception to October 2012. Mr. Brubaker has also served as the Chief Operating Officer and a Director of our Adviser since its inception in 2003 and was Secretary from 2003 to October 2012. He also served as President of our Adviser from its inception until assuming the duties of Vice Chairman in February 2006. Mr. Brubaker has also served as Chief Operating Officer of our Administrator since its inception in 2005. Mr. Brubaker has served as the Chief Operating Officer of Gladstone Capital since May 2001, as a Director from 2001 to April 2023, and was Secretary from 2003 to October 2012. He also served as President of Gladstone Capital from May 2001 through 2007 and as Vice Chairman from 2004 to April 2023. Mr. Brubaker has also been the Chief Operating Officer of Gladstone Investment since its inception in June 2005, and was a Director and Vice Chairman from inception to April. Mr. Brubaker has also been Chief Operating Officer of Gladstone Land since its inception in January 2007 and a Director and Vice Chairman since inception to April 2023. In March 1999, Mr. Brubaker founded and, until May 1, 2003, served as Chairman of Heads Up Systems, a company providing processing industries with leading edge technology. From 1996 to 1999, Mr. Brubaker served as Vice President of the paper group for the American Forest & Paper Association. From 1992 to 1995, Mr. Brubaker served as President of Interstate Resources, a pulp and paper company. From 1991 to 1992, Mr. Brubaker served as President of IRI, a radiation measurement equipment manufacturer. From 1981 to 1991, Mr. Brubaker held several management positions at James River Corporation, a forest and paper company, including Vice President of strategic planning from 1981 to 1982, Group Vice President of the Groveton Group and Premium Printing Papers from 1982 to 1990 and Vice President of human resources development in 1991. From 1976 to 1981, Mr. Brubaker was Strategic Planning Manager and Marketing Manager of white papers at Boise Cascade. Previously, Mr. Brubaker was a Senior Engagement Manager at McKinsey & Company from 1972 to 1976. Prior to 1972, Mr. Brubaker was a U.S. Navy fighter pilot. Mr. Brubaker holds an MBA from the Harvard Business School and a BSE from Princeton University.
Gary Gerson
Chief Financial Officer and Assistant Treasurer
703 287-5800
Gary.Gerson@gladstonecompanies.com
Mr. Gerson was appointed our Chief Financial Officer in June 2021 (and previously served as our Interim Chief Financial Officer from March 2021 until June 2021). Mr. Gerson also served as the Treasurer for the Gladstone Companies from February 2006 until January 2012. Prior to rejoining Gladstone Commercial in 2021, Mr. Gerson was most recently the Chief Financial Officer (from February 2013 to August 2020) of Spotted Hawk Development, LLC an Apollo Investment Corporation (Nasdaq:: AINV) portfolio company. Additionally, Mr. Gerson served as Assistant Vice President of Finance at the Bozzuto Group from February 2004 until February 2006 where he led residential real estate development financing matters. From June 1995 through February 2004, Mr. Gerson was Director of Finance at PG&E National Energy Group, a subsidiary of PG&E Corp (NYSE: PCG), where he worked on power plant development financings. Mr. Gerson earned an MBA from the Yale School of Management and a Bachelor of Science in Mechanical Engineering from the United States Naval Academy. He is a CPA in the Commonwealth of Virginia and CFA charterholder. During his time in the United States Navy, Mr. Gerson served as a submarine officer.
Jay Beckhorn
Treasurer
703-287-5823
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Mr. Beckhorn was appointed our Treasurer in January 2015 and previously served as our Assistant Treasurer from July 2014 until January 2015. Mr. Beckhorn was also appointed Treasurer of Gladstone Land in January 2015 and also served as the Assistant Treasurer of each of the Company and Gladstone Land from July 2014 through January 2015. Mr. Beckhorn was also named Assistant Treasurer of each of Gladstone Capital and Gladstone Investment in January 2015. Mr. Beckhorn joined the Gladstone Companies in January 2013 as Managing Director, Finance. Prior to joining Gladstone, he was a Regional Director (from March 2010 through December 2012) with Heavenrich & Co., an M&A group that serves the senior’s housing industry. Mr. Beckhorn served as a Senior Vice President with Sunrise Senior Living from May 2000 through December 2008, where he secured debt financing to support the company’s development, acquisition, and joint venture activities. Additionally, he worked for the Riggs Bank in a variety of real estate related capacities including Managing Director and Senior Asset Manager for the Multi-Employer Property Trust, spanning from February 1990 through April 2000. Mr. Beckhorn earned an MBA from Duke University’s Fuqua School of Business and a BA from Colgate University.
Ryan Carter
Executive Vice President, Head of West and Midwest Regions
571-451-0019
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Mr. Carter joined Gladstone in September 2021 as Executive Vice-President with responsibility for West and Midwest Regional leadership. Prior to joining Gladstone, Mr. Carter was a founding partner of Porthaven Partners, LLC, formed in 2009 as a full-service commercial real estate firm. Mr. Carter’s clients ranged from high net-worth to institutional investors for whom Mr. Carter provided acquisition and disposition services, debt placement, portfolio management, and principal investments, including net leased and value-add developments. Prior to Porthaven, Mr. Carter was a Director with Stan Johnson Company, focusing his brokerage services on institutional buyers of retail, office, and industrial properties. In total, Mr. Carter brings 20-years of transactional and operational experience in the net leased investment space.
Mr. Carter’s experience with Gladstone includes identifying a significant number of transactions across the United States which are still an integral part of the Company’s portfolio. These transactions date back to Gladstone’s first acquisition in 2003. As Executive Vice President, he will have responsibility for sourcing net leased real estate acquisitions and sale-leaseback investments in the West and Midwest while also managing and servicing Gladstone’s existing assets in the regions in coordination with his asset management teams.
Mr. Carter, a CPA (inactive), is a graduate of The University of Tulsa (B.S.B.A) and Oklahoma State University (M.B.A.) and will work out of a regional office in Tulsa, Oklahoma.
Todd Alan McDonald
Senior Vice President, Head of South Central Region
703-287-5895
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Mr. McDonald joined Gladstone in September 2019 as a Senior Analyst. He has worked on originating over $275MM in new acquisitions since joining Gladstone and is the acquisitions lead in the South Central Region. Prior to joining Gladstone, he was a Senior Credit Analyst and Commercial Real Estate Team Lead at United Bank. While at United, he underwrote commercial real estate loans for properties in all asset classes. Mr. McDonald also analyzed corporate debt products as a founding member of the bank’s syndicated loan group. He received a Bachelor of Science in Accounting and Business Administration from Washington and Lee University.