Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $14.89 USD
Change Today -0.17 / -1.13%
Volume 41.0K
FUR On Other Exchanges
Symbol
Exchange
New York
As of 8:04 PM 07/2/15 All times are local (Market data is delayed by at least 15 minutes).

winthrop realty trust (FUR) Snapshot

Open
$15.04
Previous Close
$15.06
Day High
$15.11
Day Low
$14.89
52 Week High
06/1/15 - $15.98
52 Week Low
08/7/14 - $11.76
Market Cap
542.4M
Average Volume 10 Days
113.6K
EPS TTM
--
Shares Outstanding
36.4M
EX-Date
06/5/15
P/E TM
--
Dividend
--
Dividend Yield
24.58%
Current Stock Chart for WINTHROP REALTY TRUST (FUR)

winthrop realty trust (FUR) Related Businessweek News

No Related Businessweek News Found

winthrop realty trust (FUR) Details

Winthrop Realty Trust, a real estate investment trust (REIT), engages in the ownership and management of real property and real estate-related assets. As of September 30, 2005, the trust owned 16 triple net leased properties; 2 office buildings located in Amherst, New York; a multitenant office building located in Indianapolis, Indiana; a 9 story office building located in Houston, Texas; and an 80% interest in 128,000 square feet of retail and office space constituting the bottom 6 floors of a mixeduse building and 208 parking spaces located in Chicago, Illinois. Winthrop Realty also engages in ownership of loans receivable and preferred equity investments, and ownership and trading of real estate securities. To maintain its status as a REIT under the Internal Revenue Code, Winthrop Realty must distribute annually at least 90% of its REIT taxable income to shareholders. The trust was organized in 1961. It was formerly known as First Union Real Estate Equity and Mortgage Investments and changed its name to Winthrop Realty Trust in December 2005. Winthrop Realty Trust is headquartered in Boston, Massachusetts.

Founded in 1961

winthrop realty trust (FUR) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: --
President, Trustee and Member of Ethics & Com...
Total Annual Compensation: --
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: --
Chief Investment Officer and Secretary
Total Annual Compensation: --
Compensation as of Fiscal Year 2014.

winthrop realty trust (FUR) Key Developments

Winthrop Realty Trust to Redeem its 7.75% Senior Notes Due 2022

Winthrop Realty Trust announced it has notified the trustee of its outstanding 7.75% Senior Notes due 2022 (the "Senior Notes") that it will redeem the Senior Notes in full effective August 15, 2015 to holders of record on July 24, 2015. The aggregate redemption price payable on such date is $72,635,081.42 (or $25.484375 per $25.00 face amount Senior Note) which represents the face amount of the Senior Notes outstanding (less Senior Notes held by Winthrop) plus accrued and unpaid interest thereon to, but not including, the redemption date. The redemption price will be paid on August 17, 2015, the first business day following the redemption date in accordance with the indenture governing the Senior Notes.

Winthrop Realty Trust Declares Liquidating Distribution Payable in Cash on June 16, 2015

Winthrop Realty Trust announced that its Board of Trustees has declared a liquidating distribution of $1.25 per common share payable in cash on June 16, 2015 to common shareholders of record on June 9, 2015.

Winthrop Realty Trust Reports Earnings Results for the First Quarter Ended March 31, 2015

Winthrop Realty Trust reported earnings results for the first quarter ended March 31, 2015. As a result of the shareholder approval of the plan of liquidation on August 5, 2014, effective August 1, 2014, in accordance with Generally Accepted Accounting Principles (GAAP"), the Company began reporting its financial results on the liquidation basis of accounting. The liquidation basis of accounting requires, among other things, that management estimate sales proceeds on an undiscounted basis as well as include in the Company's assets and liabilities the undiscounted estimate of future revenues and expenses of the Company. The estimated net assets in liquidation at March 31, 2015 would result in liquidating distributions of approximately $16.39 per common share. This estimate of future liquidating distributions includes projections of costs and expenses to be incurred during the period required to complete the plan of liquidation. There is inherent uncertainty with these projections and, accordingly, these projections could change materially based on a number of factors both within and outside of Winthrop's control including the timing of sales, the performance of underlying assets and any changes in the underlying assumptions of projected cash flows. This estimate represents an increase in liquidating distributions of $0.06 per common share over the Company's estimate at December 31, 2014. The increase is primarily the result of increased liquidation values for the Company's Chicago, Illinois (One East Erie) property and the Company's investments in the Sullivan Center and Concord Debt Holdings. These increases were partially offset by decreases in liquidation values of the Company's investments in Vintage Housing Holdings and the Company's luxury residential properties which is the result of projected shorter than previously anticipated holding periods along with an increase in estimated transfer fees associated with the Company's sale of Vintage. No change has been made to the valuation of the Company's investment in 701 Times Square.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
FUR:US $14.89 USD -0.17

FUR Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for FUR.
View Industry Companies
 

Industry Analysis

FUR

Industry Average

Valuation FUR Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 4.4x
Price/Book 1.5x
Price/Cash Flow 12.7x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact WINTHROP REALTY TRUST, please visit www.winthropreit.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.