Gramercy Property Trust Raises $47.4M in Equity Private Placement, Identifies $130M Investment Pipeline, Plans to Reinstate Preferred Dividend
October 07, 2013 at 08:34 AM EDT
Gramercy Property Trust Inc. (NYSE: GPT ), a real estate investment trust, today announced that along with its $47.4 million equity raise that it has an identified $130 million investment pipeline. Additionally, the Company intends to resume timely payments of dividends on the Company's Series A cumulative redeemable preferred stock, beginning with the
