Winthrop Realty Trust Increases Commitment to Its 701 Seventh Avenue Times Square Venture -- Will Participate in Hotel

Winthrop Realty Trust Increases Commitment to Its 701 Seventh Avenue Times
Square Venture -- Will Participate in Hotel Ownership

Disposes of Denton, TX Property and Finances Churchill, PA Property

BOSTON, July 9, 2013 (GLOBE NEWSWIRE) -- Winthrop Realty Trust (NYSE:FUR)
announced today that it has agreed to increase its financial commitment to its
venture that owns the property located at 701 Seventh Avenue, New York, New
York, in the Times Square submarket of New York City, from up to $68.0 million
to up to $120.0 million. The increased commitment reflects Winthrop's election
to participate in the ownership of the hotel to be developed at the property
and an increase in its preferred equity ownership from 45.85% to 61.1%. In
connection with its increased commitment, Winthrop will contribute on July 23,
2013 an initial additional $4.9 million to the venture and has agreed to make
a second payment of $4.7 million (assuming no further additional capital
contributions) upon refinancing of the existing mortgage and mezzanine debt.
Inclusive of the initial additional payment, Winthrop will have contributed
$35.6 million to the venture and is entitled to a 12% preferred return on its
contributed capital of which 8% is paid currently, and 4% is accrued.

Winthrop also announced that it recently:

  osold its Denton, Texas retail building for a gross sales price of $1.85
    million and net proceeds, after costs and closing adjustments, of
    approximately $1.7 million. Winthrop's most recent reported net asset
    value range for this property was $1.725-$1.913 million.
  oobtained a $5.1 million loan secured by its Churchill, Pennsylvania
    property, which loan bears interest at 3.5% per annum, requires monthly
    debt service payments of interest and principal based on varying
    amortization schedules and matures on August 1, 2024. After giving effect
    to the financing, it is expected that Winthrop will receive approximately
    $464,000 in annual cash flow to Winthrop's resulting net asset value range
    of $825,000-$2.567 million which reflects receipt of the loan proceeds.

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

"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 or at the SEC website

CONTACT: At Winthrop Realty Trust
         Beverly Bergman
         Investor or Media Inquiries
         Phone: (617) 570-4614; e-mail: