Gyrodyne Company of America, Inc. | REIT Profile

Symbol: GYRO
CIK: 44689
Exchange: NASDAQ
Founded: 1946 (80 years)
HQ: St. James, NY, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Micro-Cap
REIT Sector: Industrial, Office, Health Care, Diversified

See GYRO on Yahoo Finance
See GYRO on SEC.gov

Gyrodyne Company of America, Inc. (NASDAQ: GYRO) is a publicly traded, small-cap real estate investment company that acquires, develops, leases and manages commercial real estate assets. The company’s portfolio is concentrated geographically and has historically emphasized office, research and industrial properties and undeveloped land, with a focus on value creation through development, leasing and selective dispositions. As a smaller REIT, Gyrodyne operates a concentrated balance sheet and portfolio, which can produce idiosyncratic performance relative to larger, diversified real estate companies. Its public listing provides investors access to a niche, locally focused commercial real estate platform. Management priorities have included asset optimization and monetizing development opportunities to enhance shareholder value. (This summary is based on publicly available descriptions of the company’s business and structure.)