Gramercy Capital Corp.

Company Description
Gramercy Capital Corp. (Gramercy) is an integrated commercial real estate finance and property investment company. Its property investment business, which operates under the name Gramercy Realty, focuses on the acquisition and management of commercial properties leased to regulated financial institutions and affiliated users throughout the United States. Gramercy's commercial real estate finance business, which operates under the name Gramercy Finance, focuses on the direct origination, acquisition and portfolio management of whole loans, bridge loans, subordinate interests in whole loans, mezzanine loans, preferred equity, commercial mortgage-backed securities (CMBS) and other real estate related securities. On April 1, 2008, the Company completed the acquisition of American Financial Realty Trust (NYSE: AFR or American Financial).