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Published on 9/25/2013 in the Prospect News PIPE Daily.

Winthrop Realty Trust aims to price public sale of 2.75 million shares

Joint bookrunners Stifel Nicolaus and JMP Securities assist with sale

By Devika Patel

Knoxville, Tenn., Sept. 25 - Winthrop Realty Trust said it will sell 2.75 million common shares of beneficial interest in a public offering with a 30-day over-allotment option for 412,500 additional shares.

Stifel, Nicolaus & Co., Inc. and JMP Securities LLC are the joint bookrunning managers.

Proceeds will be used for acquisitions, which may include the recently announced acquisition of four luxury apartment buildings, and general working capital purposes.

Boston-based Winthrop is a real estate investment trust.


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