Gramercy Capital Corp., a New York-based investor in commercial mortgage-related loans and securities, has priced a public offering of approximately 3.62 million shares of common stock, which brought gross proceeds of approximately $95 million.The company also reported that it is selling approximately 1.2 million shares to its affiliate SL Green Realty Corp. for about $31.7 million. Deutsche Bank Securities Inc. was the sole book-running manager for the public offering, and was granted an option to buy up to 542,812 additional shares to cover any overallotments. Gramercy Capital can be found online at http://www.gramercycapitalcorp.com.
-
The Housing for the 21st Century Act includes provisions covering policy, manufactured homes and rural infrastructure introduced in a prior Senate proposal.
6h ago -
Mortgage loan officer licensing saw its first rise since 2022 as Fannie Mae projects $2.4T in 2026 volume. Experts eye a market reset amid improving affordability.
9h ago -
The FHFA chief told Fox an offering could be done near term - but may not be - while a Treasury official addressed conservatorship questions at an FSOC hearing.
February 6 -
The secondary market regulator will formally publish its own rule on Feb. 6, after a comment period and without making changes to what it proposed in July.
February 6 -
Bowing to industry pressure, the Consumer Financial Protection Bureau is warning consumers with notices on its complaint portal not to file disputes about inaccurate information on credit reports, among other changes.
February 5 -
The mortgage technology unit at Intercontinental Exchange posted a profit for the third straight quarter, even as lower minimums among renewals capped growth.
February 5




