Gladstone Land CEO Sees Long-Term Stability in Farmland Prices

David Gladstone, president and CEO of Gladstone Land Corp. (Nasdaq: LAND), joined Nareit in New York for a video interview at REITweek: 2019 Investor Conference.

Gladstone described farmland as a particularly stable asset over the past several decades, “just continuing to move up a little bit every year.”

Gladstone also noted that the REIT has a “huge pipeline” of privately-generated acquisitions, with no brokers involved.

“There’s only about $200 million [of acquisitions] with a degree of certainty of closing, but certainly over some period of time you’ll see more than that,” he said.