Gramercy Capital Corp. Closes The Previously Announced Acquisition Of A $485 Million Portfolio In A Joint Venture With Garrison Investment Group
Gramercy Capital Corp. (NYSE: GKK) announced today that it has
closed in a joint venture with Garrison Investment Group (“Garrison”) on
the acquisition of a 115-property portfolio (“Portfolio”), for a...
Shares of Gramercy Capital Corporation (NYSE:GKK) were gapping down Monday morning with an open price 18.5% lower than Friday's closing price. The stock closed at $2.70 yesterday and opened today's trading at $2.20.