-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, GBH4bbxiErvsaD0KhO+GYlflchwr6MGvxCjpbLQzGR/l/awkEYIxFYjp+TJhGK8f 7BeEgk7QJOfBsH6APTLe0Q== 0001193805-10-002081.txt : 20100802 0001193805-10-002081.hdr.sgml : 20100802 20100802084206 ACCESSION NUMBER: 0001193805-10-002081 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20100726 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20100802 DATE AS OF CHANGE: 20100802 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Winthrop Realty Trust CENTRAL INDEX KEY: 0000037008 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 346513657 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-06249 FILM NUMBER: 10982873 BUSINESS ADDRESS: STREET 1: 7 BULFINCH PLACE STREET 2: SUITE 500 PO BOX 9507 CITY: BOSTON STATE: MA ZIP: 02114 BUSINESS PHONE: 6175704614 MAIL ADDRESS: STREET 1: 7 BULFINCH PLACE STREET 2: SUITE 500 PO BOX 9507 CITY: BOSTON STATE: MA ZIP: 02114 FORMER COMPANY: FORMER CONFORMED NAME: FIRST UNION REAL ESTATE EQUITY & MORTGAGE INVESTMENTS DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: FIRST UNION REALTY DATE OF NAME CHANGE: 19691012 8-K 1 e607339_8k-wrt.htm Unassociated Document
 
SECURITIES AND EXCHANGE COMMISSION
Washington, DC  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) July 26, 2010
 
WINTHROP REALTY TRUST
(Exact Name of Registrant as Specified in Its Charter)
 
  Ohio  
                                           (State or Other Jurisdiction of Incorporation)                                          
 
     
001-06249
 
34-6513657
(Commission File Number)
 
(I.R.S. Employer Identification No.)
     
7 Bulfinch Place, Suite 500, P.O. Box 9507, Boston, Massachusetts
02114
(Address of Principal Executive Offices)
(Zip Code)
     
   (617) 570-4614  
(Registrant's Telephone Number, Including Area Code)
     
 
  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 obligations of the registrant under any of the following provisions
 
o
Written communications pursuant to Rule 425 under the Securities Act (17 CFT|R 230.425)
 
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 
 

 
 
Item 8.01  Other Events
 
On July 26, 2010, Winthrop Realty Trust issued a press release relating to the consummation of two transactions specified in the press release.  A copy of the release is furnished as Exhibit 99.1 to this Report on Form 8-K and is incorporated herein by this reference.
 
Item 9.01  Financial Statements and Exhibits.
 
 
(c)
 
99.1
Exhibits
 
Press Release dated July 26, 2010
 
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 on this 30th day of July, 2010.
 
  WINTHROP REALTY TRUST  
       
       
  
By:
/s/ Carolyn Tiffany  
   
Carolyn Tiffany
 
   
President
 
       
 
EX-99.1 2 e607339_ex99-1.htm Unassociated Document
 
Contact at Winthrop Realty Trust
Beverly Bergman
Investor or Media Inquiries
Phone: (617) 570-4614; e-mail: bbergman@firstwinthrop.com

FOR IMMEDIATE RELEASE
July 26, 2010

WINTHROP REALTY TRUST ANNOUNCES ACQUISITION OF FIRST MORTGAGE LOAN AND RAKE BOND
 
FOR IMMEDIATE RELEASE – BOSTON, July 26/ -- Winthrop Realty Trust (NYSE: FUR), a diversified REIT that focuses on opportunistic debt and equity investments in real estate, announced today that it has acquired for a purchase price of approximately $27 million a $31.1 million first mortgage loan secured by a 276 unit class A apartment community in Tempe, Arizona.  The loan, which bears interest at a blended rate of 5.88% and matures January 2015, has an unleveraged current yield of 8.31% and, assuming the loan is satisfied at maturity, an unleveraged yield to maturity of 10.11%.  Winthrop financed a portion this transaction with borrowings under its credit facility with KeyBank National Association.

In addition, Winthrop acquired two rake bonds with a face amount of $2.27 million for $1.2 million.  The rake bonds are subordinate to $17.7 million of senior debt all of which is secured by a three building 229,000 square foot office complex in Costa Mesa, California.  The rake bonds mature in December 2010.

Michael L. Ashner, Winthrop’s Chairman and Chief Executive Officer stated “as with our most recently announced acquisitions, we believe each of these investments provides potential for equity like returns with limited downside risk.”
__________________

Winthrop Realty Trust is a NYSE-listed real estate investment trust (REIT) headquartered in Boston, Massachusetts.  Additional information on Winthrop Realty Trust is available on its 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.
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