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Gramercy Capital Corp. To Host Investor Call On September 28, 2012

Gramercy Capital Corp. (NYSE: GKK), a self-managed integrated commercial real estate investment and asset management company organized as a real estate investment trust, announced today that the Company will host a conference call and audio webcast on Friday, September 28, 2012, at 11:00 AM EDT.

During the call the Company’s management team will present its operational review of the Company’s existing assets and operations and an update on the Company’s implementation of its new investment strategy. Prior to market open on September 28, 2012, presentation materials will be available on the Company’s website ( www.gkk.com) in the investor relations section under “Supplemental Reports.”

The live call will be webcast in listen-only mode on Gramercy’s website at www.gkk.com and on Thomson’s StreetEvents Network. The presentation may also be accessed by dialing (888) 771-4371 - Domestic or (847) 585-4405 - International, using confirmation code “GRAMERCY”.

A replay of the call will be available from September 28, 2012 at 1:30 PM EDT through October 1, 2012 at 11:59 PM EDT by dialing (888) 843-7419 - Domestic or (630) 652-3042 - International, using pass code 4726 3729#.

Company Profile

Gramercy Capital Corp. is a self-managed integrated commercial real estate investment and asset management company whose Gramercy Finance division manages approximately $2.0 billion of whole loans, bridge loans, subordinate interests in whole loans, mezzanine loans, preferred equity, commercial mortgage-backed securities and other real estate securities which are financed through three non-recourse, collateralized debt obligations, or CDOs, and whose Gramercy Realty division currently manages approximately $2.0 billion of commercial properties leased primarily to regulated financial institutions and affiliated users throughout the United States. The Company is headquartered in New York City and has regional investment and portfolio management offices in Jenkintown, Pennsylvania, Charlotte, North Carolina, and St. Louis, Missouri.

To review the Company’s latest news releases and other corporate documents, please visit the Company's website at www.gkk.com or contact Investor Relations at 212-297-1000.

(GKK-EN)

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