Winthrop Realty Trust Announces Receipt of $39.6 Million in Proceeds From Satisfaction of Two Loan Investments
10 Maggio 2012 - 11:21PM
Winthrop Realty Trust (NYSE:FUR) announced today that its loan
receivables relating to 160 Spear, San Francisco, California
mortgage and mezzanine loans and the Magazine multi-family
mezzanine loan portfolio have been satisfied. Winthrop received
total proceeds net of accrued interest of $39.6 million upon
satisfaction of its outstanding investment in these loans, which
was $25.6 million.
About Winthrop Realty Trust
Winthrop Realty Trust, headquartered in Boston, Massachusetts,
is a NYSE-listed real estate investment trust (REIT) focused on
acquiring, owning, operating and investing in real property as well
as real estate financial instruments including CMBS, bonds, REIT
preferred and common stock. For more information, please visit
our web-site at www.winthropreit.com.
"Safe Harbor" Statement under the Private Securities Litigation
Reform Act of 1995. With the exception of the historical
information contained in this news release, the matters described
herein contain "forward-looking" statements that involve risk and
uncertainties that may individually or collectively impact the
matters herein described. These are detailed from time to time
in the "Risk Factors" section of the Company's SEC
reports. Further information relating to the Company's
financial position, results of operations, and investor information
is contained in the Company's annual and quarterly reports filed
with the SEC and available for download at its website
www.winthropreit.com or at the SEC website www.sec.gov.
CONTACT: Contact at Winthrop Realty Trust
Beverly Bergman
Investor or Media Inquiries
Phone: (617) 570-4614; e-mail: bbergman@firstwinthrop.com
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