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                           June 11, 2020

       David Gladstone
       President and Chief Executive Officer
       The Gladstone Companies, Inc.
       1521 Westbranch Drive, Suite 100
       McLean, VA 22102

                                                        Re: The Gladstone
Companies, Inc.
                                                            Offering Statement
on Form 1-A
                                                            Filed June 2, 2020
                                                            File No. 024-11232

       Dear Mr. Gladstone:

              We have reviewed your offering statement and have the following
comments. In some of
       our comments, we may ask you to provide us with information so we may
better understand your
       disclosure.

               Please respond to this letter by providing the requested
information or amending your
       offering statement. If you do not believe our comments apply to your
facts and circumstances or
       do not believe an amendment is appropriate, please tell us why in your
response. After
       reviewing the information you provide in response to these comments or
any amendment to your
       offering statement, we may have additional comments.

       Offering Statement Submitted June 2, 2020

       Offering Circular Summary
       Recent Developments, page 7

   1.                                                   We note your response
to comment 3 and your updates to performance percentages and
                                                        other metrics through
December 31, 2019. Please confirm to us that there have not been
                                                        any material changes to
these percentages and metrics since December 31, 2019.
               We will consider qualifying your offering statement at your
request. If a participant in
       your offering is required to clear its compensation arrangements with
FINRA, please have
       FINRA advise us that it has no objections to the compensation
arrangements prior to
       qualification.

              We remind you that the company and its management are responsible
for the accuracy
       and adequacy of their disclosures, notwithstanding any review, comments,
action or absence of
 David Gladstone
The Gladstone Companies, Inc.
June 11, 2020
Page 2

action by the staff. We also remind you that, following qualification of your
Form 1-A, Rule 257
of Regulation A requires you to file periodic and current reports, including a
Form 1-K which
will be due within 120 calendar days after the end of the fiscal year covered
by the report.

       Please contact David Gessert at 202-551-2326 or Michael Clampitt at
202-551-3434 with
any questions.



                                                           Sincerely,
FirstName LastNameDavid Gladstone
                                                           Division of
Corporation Finance
Comapany NameThe Gladstone Companies, Inc.
                                                           Office of Finance
June 11, 2020 Page 2
cc:       Erin M. Lett
FirstName LastName