Gramercy Capital (GKK), a property investment and real estate finance company, gains 14.2% after...

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

Gramercy Capital (GKK), a property investment and real estate finance company, gains 14.2% after announcing the settlement of $549.7M in senior and junior mezzanine loans, with 317 properties initially given up as part of the deal. Analyst Ben Thypin thinks what's left of Gramercy after the deal could be a compelling acquisition target.