Winthrop Sells Its Shares in America First

Winthrop Realty Trust, a Boston-based a real estate investment trust, has announced the sale of nearly 800,000 common shares of America First Apartment Investors Inc. in market transactions, representing "substantially all" its shares in the company.Winthrop said the sale of the 793,956 shares at $25.02 per share resulted in net proceeds of approximately $19.82 million, for a gain of approximately $9.74 million (exclusive of dividends). Winthrop can be found on the Web at http://www.winthropreit.com.

Processing Content

For reprint and licensing requests for this article, click here.
Originations
MORE FROM NATIONAL MORTGAGE NEWS
Load More