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Stock Market & Financial Investment News

News Breaks
October 18, 2012
16:54 EDTCDR, FURWinthrop Realty Trust sells 52% of its Cedar Realty Trust stake
Winthrop Realty Trust (FUR) announced that it sold 3.25M of its 6.25M common shares in Cedar Realty Trust (CDR) for net proceeds of approximately $17.1M. Winthrop's average aggregate cost for such shares was approximately $12.3M.
News For FUR;CDR From The Last 14 Days
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January 27, 2016
19:02 EDTFURWinthrop Realty announces Highgrove apartments contract terminated
Winthrop Realty announced that the contract to sell the apartment building located in Stamford, Connecticut owned by a venture in which Winthrop holds an 83.7% interest has been terminated in accordance with its terms. Pursuant to the terms of the contract, the venture retained the $5M deposit as the venture was ready, willing and able to close on the closing date. In light of the termination of the contract, the property will be re-marketed for sale.

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