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Gramercy Capital Corp. Announces Settlement of Gramercy Realty's $549.7M Mezzanine Loans

Gramercy Capital Corp. (NYSE: GKK) today announced it has entered into a collateral transfer and settlement agreement with respect to its $549.7 million senior and junior mezzanine loans with Goldman Sachs Mortgage Company, Citicorp North America, Inc. and KBS Debt Holdings, LLC.

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