Showing 1-10 of about 73 articles.
Winthrop Realty Trust
Winthrop Realty Trust Announces Resignation of Peter Braverman as Executive Vice President and Appointment as President of Winthrop Management
BOSTON, April 1, 2013 (GLOBE NEWSWIRE) -- Winthrop Realty Trust (the "Company") (NYSE:FUR) announced today that Peter Braverman has taken the position of President of Winthrop Management L.P., the entity that provides property management services for the Company's properties as well as for specified third parties. As a result of the expected time commitment that will be required of Mr. Braverman for his new responsibilities, Mr. Braverman has elected to resign as the Executive Vice President of the Company. In addition to his involvement in Winthrop Management, which currently manages in excess of 9.5 million square feet of office retail and industrial space and more than 11,000 apartment units for the Company and other third parties, Mr. Braverman will continue to maintain his office at the Company's Jericho, New York offices and will consult on Company affairs.
Winthrop Realty Trust
Winthrop Realty Trust Invites You to Join Its First Quarter 2013 Earnings Conference Call
BOSTON, April 1, 2013 (GLOBE NEWSWIRE) -- Winthrop Realty Trust ("Winthrop") (NYSE:FUR), a leading opportunistic real estate investor, announced that it will release its first quarter 2013 results on the morning of Thursday, May 2, 2013 prior to the market open. Management will host a conference call to discuss the Company's results at 12:00 pm Eastern Time. Interested parties may participate in this conference call by accessing the following:
Winthrop Realty Trust
Concord Real Estate CDO 2006-1, Ltd. to Fail Par Value Test
BOSTON, Feb. 4, 2013 (GLOBE NEWSWIRE) -- WRP Management LLC, the collateral manager of Concord Real Estate CDO 2006-1, Ltd. ("CDO"), announced today that due to a default of a loan held by the CDO, a par value test will not be satisfied with the February determination date which will result in interest payments that otherwise would be payable to the Class D, E and F Notes being used to amortize the Class A-1 Notes.
Winthrop Realty Trust
Winthrop Realty Trust Acquires Matured Mortgage Loan Secured by Office Building in Philadelphia, Pennsylvania
BOSTON, Dec. 12, 2012 (GLOBE NEWSWIRE) -- Winthrop Realty Trust (NYSE:FUR) announced today that it has acquired a non-performing first mortgage loan secured by a 20-story, 514,000 square foot office building located at 1515 Market Street, Philadelphia, Pennsylvania. The loan, which is currently in maturity default, has an outstanding balance, exclusive of interest, default interest and late charges, of approximately $70 million and was acquired for approximately $56.85 million.
Showing 1-10 of about 73 articles.