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Gramercy Capital Corp. (Gramercy) (NYSE: GKK) was a real estate investment trust (REIT) and a commercial real estate specialty finance company that focused on the direct origination and acquisition of whole loans, subordinate interests in whole loans, mezzanine loans, bridge loans, preferred equity, and net lease investments involving commercial properties throughout the United States.
Gramercy also established a real estate securities business that focused on the acquisition, trading and financing of commercial mortgage-backed securities (CMBS). As of December 31, 2007, the Company held loans, other lending investments, and CMBS of approximately $3.4 billion, net of fees, discounts, and unfunded commitments. It also held interests in three credit tenant net lease investments investments, two interests in joint ventures and a 100% fee interest in a property.
Substantially all of Gramercy's operations were conducted through its general partner, GKK Capital LP.
Name and stock ticker change
"On April 15, 2013, the Company changed its name to Gramercy Property Trust Inc., and its ticker to GPT, to more appropriately reflect the future of the Company as a pure-play net lease equity REIT."