Replies to post #737 on Gramercy Property Trust Inc. (GPT)

[heth247]

TFL,

What was the modeled recovery rate and cash flow for this mezz loan in June for 2006? Since SLG now "expected to fully recoup their original investment", shouldn't GKK expect to get a boost of the OC test at the end of Oct? Will it be big enough to push it over the trigger threshold?

thanks,