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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 MN7LbM/b0kmpGQrXnj2MNYciFJzCOJXXbLoG4iOZeMKMRpsJ/OMOLfTo6PVWB4IP
 B4zVvdRiPB1OgpdhFPkTBw==

<SEC-DOCUMENT>9999999997-03-020066.txt : 20030501
<SEC-HEADER>9999999997-03-020066.hdr.sgml : 20030501
<ACCEPTANCE-DATETIME>20030501162006
<PAPER>
ACCESSION NUMBER:		9999999997-03-020066
CONFORMED SUBMISSION TYPE:	ARS
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20021231
FILED AS OF DATE:		20030501
EFFECTIVENESS DATE:		20030501

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CAPITAL TRUST
		CENTRAL INDEX KEY:			0000016387
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		IRS NUMBER:				946181186
		STATE OF INCORPORATION:			CA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		ARS
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-08063
		FILM NUMBER:		03057857

	BUSINESS ADDRESS:	
		STREET 1:		605 THIRD AVENUE 26TH FLOOR
		STREET 2:		STE 200
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10016
		BUSINESS PHONE:		2126550220

	MAIL ADDRESS:	
		STREET 1:		605 THIRD AVENUE 26TH FLOOR
		STREET 2:		#200
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10016

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CALIFORNIA REAL ESTATE INVESTMENT TRUST
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>ARS
<SEQUENCE>1
<FILENAME>9999999997-03-020066.paper
<DESCRIPTION>AUTO-GENERATED PAPER DOCUMENT
<TEXT>
This document was generated as part of a paper submission.
Please reference the Document Control Number 03057857 for access to the original document.
</TEXT>
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