Gramercy Property Trust Inc. (NYSE:GPT)
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A commercial real estate finance company that focuses on the direct origination and acquisition of whole loans, subordinate interests in whole loans, mezzanine loans, preferred equity, and net lease investments throughout the U.S.
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The conversion from a wierd CDO machine into a normal REIT with real property assets continues. Once GKK pays off its preferred shareholders (of which I am one as well) and initiates a dividend on the common at some point this year or next its stock should take off.
Deej