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Gramercy Capital names Robert Foley new COO, replacing Hall

By Associated Press
April 17, 2008 | Comments (0)

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Gramercy Capital Corp.'s chief operating officer, Hugh Hall, has stepped down to pursue other opportunities, the commercial real estate finance company said Thursday.

Hall has been replaced by Robert R. Foley, formerly Gramercy's chief financial officer.

Foley became CFO of Gramercy when the company was launched in 2004. Before that, he was co-director at Goldman Sachs' real estate mezzanine and high-yield lending programs.

Filling Foley's former role at CFO is John B. Roche, who was CFO at New Plan Excel Realty Trust from 2000 to 2007 and advised Gramercy on the company's acquisition of American Financial Realty Trust.

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