Latest Gramercy Capital Corp. (GPT) Headlines G
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Gramercy Property Trust Inc. Reports Fourth Quarter and Full Year 2013 Financial Results
Business Wire - Thu Mar 13, 7:30AM CDT
Gramercy Property Trust Inc. (NYSE:GPT):
Gramercy Property Trust exercises credit facility's accordion feature for USD50m
M2 - Tue Mar 04, 4:11AM CST
US-based Gramercy Property Trust Inc (NYSE:GPT), a real estate investment trust, exercised the accordion feature of its senior secured credit facility (the credit facility) to increase the revolving borrowing capacity to USD150m, it stated on Monday.
Gramercy Property Trust Exercises $50 Million Accordion Feature of Its Credit Facility and Announces Acquisition of $6.3 Million Industrial Facility in Chicago, IL
Business Wire - Mon Mar 03, 7:30AM CST
Gramercy Property Trust Inc. (NYSE:GPT), a real estate investment trust, announced today that it exercised the accordion feature of its senior secured credit facility (the "Credit Facility"), increasing the revolving borrowing capacity to $150.0 million. All other terms of the Credit Facility remained the same. The Credit Facility banks include Deutsche Bank AG New York Branch as Administrative Agent and Lender; Deutsche Bank Securities, Inc. as Bookrunner and Joint Lead Arranger; Merrill Lynch, Pierce, Fenner & Smith as Joint Lead Arranger; Bank of America, N.A. and Royal Bank of Canada as Co-Syndication Agents and Lenders; and The Bank of New York Mellon, Morgan Stanley Bank, N.A. and PNC Bank, National Association as Lenders.
Gramercy Property Trust IncCorporate Event Announcement Notice
Wall Street Horizon - Wed Feb 19, 8:03PM CST
Trading resumes in:
Gramercy Property Trust to Release Fourth Quarter 2013 Financial Results on March 13, 2014
Business Wire - Tue Feb 18, 7:30AM CST
Gramercy Property Trust Inc. (NYSE:GPT) announced today that it will release earnings for the fourth quarter 2013 on Thursday, March 13, 2014, prior to market open.
The World’s Best Dividend Portfolio
Jim Royal, The Motley Fool - Motley Fool - Mon Feb 03, 9:40AM CST
In June 2011 I invested my money equally in a selection of 10 high-yield dividend stocks . With a year of success behind me, in July 2012 I added even more money to the portfolio, and then more again in 2013. Those names offer triple the yield of...
Gramercy Property Trust's board of directors elect Allan J Baum as chairman
M2 - Tue Jan 21, 4:28AM CST
Real estate investment trust, Gramercy Property Trust Inc (NYSE:GPT) revealed on Monday that its board of directors elected Allan J Baum, its lead independent director since 2012, as chairman with immediate effect.
Gramercy Property Trust Appoints Allan J. Baum as Chairman of its Board of Directors
Business Wire - Mon Jan 20, 7:30AM CST
Gramercy Property Trust Inc. (NYSE:GPT), a real estate investment trust, announced today that Allan J. Baum, the Company's Lead Independent Director since 2012, has been appointed as Chairman of the Company's board of directors, effective immediately.
The World's Best Dividend Portfolio
Jim Royal, The Motley Fool - Motley Fool - Wed Jan 15, 3:08PM CST
In June 2011, I invested my money equally in a selection of 10 high-yield dividend stocks . With a year of success behind me, in July 2012, I added even more money to the portfolio, and then more again in 2013. Those names offer triple the yield...
Gramercy Property Trust to Present at CJS Securities Investor Conference
Business Wire - Tue Jan 14, 7:30AM CST
Gramercy Property Trust Inc. (NYSE:GPT), a real estate investment trust, will be presenting at the 14th Annual CJS Securities "New Ideas for the New Year" Investor Conference on Wednesday, January 15, 2014, in New York City. A copy of the Company's presentation will be posted on the Company's website, www.gptreit.com, the morning of the presentation.
Gramercy Property Trust Announces Year-End Close on Two Sale Leasebacks Totaling $51.6 Million
Business Wire - Tue Jan 07, 7:30AM CST
Gramercy Property Trust Inc. (NYSE: GPT), a real estate investment trust, announced today that it closed on three new industrial property acquisitions in two separate sale-leaseback transactions totaling $51.6 million. Two of the buildings are located in Vernon, California, in Los Angeles and the third building is located in Allentown, Pennsylvania. The Vernon properties total approximately 130,000 square feet and are leased to a leading regional steel services company under a single master lease. The Allentown property totals approximately 480,000 square feet and is leased to a leading global packaging company. Both transactions were structured with 15-year initial lease terms with fixed annual rent escalations throughout the term. Year 1 NOI for the three properties totals $3.4 million, equating to a GAAP cap rate of 7.8% and a cash cap rate of 6.6%. During 2013, the Company completed 24 separate acquisitions totaling $361.0 million.
3 Dividend Stocks on the Verge of Boosting Payouts
Reuben Brewer, The Motley Fool - Motley Fool - Tue Dec 31, 2:35PM CST
Real estate investment trusts (REITs) are designed to pay dividends. Still, new REITs and those undergoing big transformations often don't pay distributions. When they start to, however, it's a good sign that it's time to take a closer look. Here are...
NYSE stocks posting largest percentage decreases
AP - Mon Dec 23, 12:47PM CST
NEW YORK (AP) — A look at the 10 biggest percentage decliners on New York Stock Exchange at 1 p.m.:
Gramercy Property Trust Announces Extended Asset Management Agreement with KBS and Acceleration of $12.0 Million Profit Participation Interest
Business Wire - Fri Dec 20, 7:30AM CST
Gramercy Property Trust Inc. (NYSE:GPT), a real estate investment trust, announced today that it extended its asset management services agreement with KBS Acquisition Sub, LLC, a wholly owned subsidiary of KBS Real Estate Investment Trust, Inc. ("KBS") through December 31, 2016, with a one-year extension option through December 31, 2017, exercisable by KBS. Simultaneously with the signing of the extension agreement, KBS paid $12.0 million to the Company in satisfaction of the Company's profit participation interest under the existing agreement. The extended agreement grants the Company a new profit participation interest subject to achievement of property valuation levels in excess of baseline values over the term of the new agreement.
Gramercy Property Trust Reports Ex-Dates for Preferred Dividends
Business Wire - Fri Dec 13, 3:55PM CST
Gramercy Property Trust Inc. (NYSE:GPT), a real estate investment trust, announced on December 11, 2013, declaration of a $10.23524 per share "catch-up" dividend ("Accrued Dividend") and a $0.50781 per share current dividend ("Quarterly Dividend") for holders of the Company's 8.125% Series A Cumulative Redeemable Preferred Stock (the "Series A Preferred Stock"). As previously announced, the Accrued Dividend will be paid on January 13, 2014, the Quarterly Dividend will be paid on January 15, 2014, and the record date for both the Accrued Dividend and the Quarterly Dividend will be December 31, 2013.
Gramercy Property Trust Announces Resumption of Preferred Stock Dividend Payment - $10.24 per Preferred Share Accrued Dividend Plus $0.51 per Preferred Share Quarterly Dividend
Business Wire - Wed Dec 11, 7:30AM CST
Gramercy Property Trust Inc. (NYSE:GPT), a real estate investment trust, announced today that its Board of Directors authorized, and the Company declared, a "catch-up" dividend in the amount of $10.23524 per share of the Company's 8.125% Series A Cumulative Redeemable Preferred Stock ("Series A Preferred Stock"), representing all accrued and unpaid dividends on the Series A Preferred Stock for the period October 1, 2008, through and including October 14, 2013 ("Accrued Dividend").
Gramercy Property Trust Announces $86.0 Million in Acquisitions and Secures $12.6 Million Senior Mortgage Financing
Business Wire - Mon Nov 25, 7:30AM CST
Gramercy Property Trust Inc. (NYSE:GPT), a real estate investment trust, announced today that it has closed on six new properties in four separate transactions totaling approximately one million square feet, for a total purchase price of approximately $86.0 million. For the combined acquisitions, Year 1 net operating income is approximately $6.4 million (7.5% initial cap rate, 8.6% GAAP cap rate) with fixed rent escalations throughout the respective lease terms and a weighted average lease term of 11.6 years.
Gramercy Property Trust Inc. Reports Third Quarter 2013 Financial Results
Business Wire - Thu Nov 07, 7:30AM CST
Gramercy Property Trust Inc. (NYSE:GPT):