Gramercy Capital GKK

By Philip Mause : Willy Loman, the archetypal American (along with Huckleberry Finn, Richard Nixon, and Homer Simpson) lamented his failure to make a fortune like his older brother, Ben, who became rich and appeared as an apparition chanting the above siren song. We won't discuss what became of ...

By Laminar Capital Management : Summary Gramercy Capital Corp ( GKK ) is an integrated commercial real estate finance and property investment company. Gramercy can be broken into three distinct …

… deteriorating? Sell. No celebrations or funerals, just cold hard facts. I have to recognize though a sense of relief that Gramercy ( GKK ) reached a positive settlement for Realty and will soon file its financial statements. You might wonder why I am feeling relief …

… not only fundamental performance but also investor confidence. On Friday (an ugly day in the stock market), Gramercy Capital ( GKK ) was up nearly 13% on an announcement that it had resolved a long standing Complete Story »

Gramercy Capital ( GKK ), a property investment and real estate finance company, gains 14.2% after announcing the settlement of $549.7M in senior …

By Philip Mause : Many investors get confused about the Real Estate Investment Trust (REIT) sector. Most REITs are equity REITs which own properties (almost always subject to mortgages) and rely on rental income as a source of revenue. In addition, there are a significant number of mortgage REITs

… Century Financial Apex Mortgage Fieldstone Investment Sunset Financial Capital Trust Ashford Hospitality Trust ECC Capital Gramercy Capital Corp Novastar Carlyle Capital Creating Value for Shareholders... We continue to believe that Annaly Capital Management …

Philip Mause submits: At the outset, I should warn readers that the strategy described in this piece is somewhat risky and controversial and does not provide immediate yield in the form of dividends. I am not referring to the often discussed "dividend capture" strategy (buying a stock shortly ...