Gramercy Capital (GKK +4%) pops to its highest level in nearly 2 years as Chris DeMuth makes the...

|About: Gramercy Property Trust,... (GPT)|By:, SA News Editor

Gramercy Capital (GKK +4%) pops to its highest level in nearly 2 years as Chris DeMuth makes the case for the stock on Bloomberg (his article on SA from Dec.). The next catalyst, he says, will be the sale of its CDO exposure - a bit of a nemesis for a small shop like Gramercy, but of great value for a larger business.