cap8k-110507.htm
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
Current
Report
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date
of
Report (Date of earliest event reported): October 30,
2007
CAPITAL
TRUST, INC.
(Exact
Name of Registrant as specified in its charter)
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Maryland
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1-14788
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94-6181186
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(State
or other jurisdiction
of
incorporation)
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(Commission
File
Number)
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(IRS
Employer
Identification
No.)
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410
Park Avenue, 14th Floor, New York, NY 10022
(Address
of Principal Executive Offices) (Zip Code)
Registrant's
telephone number, including area code: (212)
655-0220
N/A
(Former
name or former address, if changed since last report)
Check
the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (see General Instruction A.2. below):
[
]
Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
[
]
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[
]
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act
(17 CFR 240.14d-2(b))
[
]
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act
(17 CFR 240.13e-4(c))
Item 1.01 Entry
Into a Material Definitive Agreement
On
October 30, 2007, Capital Trust,
Inc. (the “Company”) executed the Amended and Restated Annex I (the “Annex I”)
to Amended and Restated Master Repurchase Agreement as supplemented by that
certain Annex I to Amended and Restated Master Repurchase Agreement
(collectively, the “Original Agreement”), dated as of August 15, 2006, as
amended by First Amendment to Master Repurchase Agreement, dated as of February
23, 2007 (together with the Original Agreement, the “Master Repurchase
Agreement”), by and between Goldman Sachs Mortgage Company (“GSMC”) and the
Company. Concurrently, the Company executed a second Master
Repurchase Agreement, dated as of October 30, 2007, by and between GSMC and
the
Company (the “Alternate Funding Agreement”). Among other things, the
Annex I amends the Master Repurchase Agreement by increasing the maximum
purchase amount available under the facility from $150 million to $200
million less the amount funded under the Alternate Funding
Agreement. The Alternate Funding Agreement provides for a maximum
purchase amount of $200 million less the amount funded under the Master
Repurchase Agreement. The Alternate Funding Agreement provides for a
term commensurate with the Original Agreement and bears interest at varying
rates over LIBOR based upon the type of asset included in the repurchase
obligation. The foregoing description is qualified in its entirety by
reference to the Annex I, which will be attached as an exhibit to the Company’s
Quarterly Report on Form 10-Q for the quarterly period ended December 31, 2007,
which the Company intends to file in March 2008.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant
has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
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CAPITAL
TRUST, INC. |
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By:
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/s/ Geoffrey
G. Jervis |
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Name:
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Geoffrey
G. Jervis |
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Title:
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Chief
Financial Officer |
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Date:
November 5, 2007