Gramercy Property Trust (GPT) Misses Q1 EPS by 1c
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Gramercy Property Trust Inc. Reports First Quarter 2015 Financial Results
May 6, 2015 8:30 AM EDTNEW YORK--(BUSINESS WIRE)--
HIGHLIGHTS
Generated Core FFO of $20.8 million or $0.43 per diluted common share for the first quarter of 2015. Core FFO included an adjustment of $2.1 million or $0.04 per diluted common share related to the cumulative effect of finalizing the purchase price allocation for the Bank of America Portfolio. Generated NAREIT defined funds from operations (FFO) of $17.0 million or $0.35 per diluted common share for the first quarter of 2015. Generated adjusted funds from operations (AFFO) of $16.9 million or $0.35 per diluted common share for the first quarter... More