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Prospect News home > News index > List of issuers G > Headlines for Gramercy Capital Corp. > News item
Published on 5/21/2009 in the Prospect News Special Situations Daily.

Morgan Stanley sells shares, drops stake in Gramercy Capital to 6.38%

By Lisa Kerner

Charlotte, N.C., May 21 - Morgan Stanley affiliate SSF III Gemini GP, LLC has sold 264,800 shares of Gramercy Capital Corp. common stock since March 20, it was reported in a schedule 13D/A filed on Thursday with the Securities and Exchange Commission.

The investors beneficially own 3,183,220 shares or 6.38% of the New York-based real estate investment trust.


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