BOSTON, Aug. 19, 2016 (GLOBE NEWSWIRE) -- Winthrop Realty Liquidating Trust (the “Trust”) announced today the previously announced liquidating distribution of $1.00 per beneficial interest in the Trust will be paid in cash on August 23, 2016 to holders of record on August 17, 2016. For tax purposes, this liquidating distribution is considered a return of capital.
About Winthrop Realty Liquidating Trust
Winthrop Realty Liquidating Trust was formed to continue the liquidation process of remaining assets held by Winthrop Realty Trust at August 5, 2016. The Trust’s sole purpose is to continue to seek to sell these assets in an orderly fashion to maximize value to its beneficiaries. Subject to certain exceptions related to transfer by will, intestate succession or operation of law, interests in the Trust are not transferable, nor do beneficiaries have authority or power to sell or in any other manner dispose of their interest in the Trust. For more information about the Trust’s remaining assets, please visit our web-site at www.winthropreit.com.
Contact at Winthrop Realty Liquidating Trust Carolyn Tiffany Investor or Media Inquiries Phone: (617) 570-4614; e-mail: firstname.lastname@example.org
Source:Winthrop Realty Liquidating Trust