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The fresh round of term loan financing agreed with Rabo AgriFinance will go to paying down debt maturing this year.
The REIT paid some $13.6m for four contiguous farms at a time when tree nuts stand to benefit the most from increasing global middle class consumption.
Gladstone continues to invest in almond production, this time buying properties with well-developed trees already on-site.
BioMed's life sciences facilities include the Bio Research and Development Growth Park where the Danforth Plant Science Center carries out its plant science research.
The REIT sold an additional 360,000 shares on top of an offering in July.
Mark McHugh worked at Raymond James previously where he advised on the first-ever timber REIT IPO.
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