Winthrop Capital Advisors Information

First Winthrop Corporation is a privately held company managing Winthrop Realty Trust (NYSE:FUR) and Winthrop Management, LP a real estate investment management company. Winthrop Realty Trust (NYSE:FUR) is a real estate investment trust ("REIT") engaged in the business of owning and operating real property and real estate related assets through our ownership of assets, loans secured by real property and equity and debt securities of other publicly traded and privately owned real estate companies. Winthrop Realty Trust, its Board of Trustees and management team is well positioned to provide returns through a wide range of ownership structures. We operate in four strategic business segments: (i) operating properties, (ii) real estate securities, (iii) platform joint venture investments, and (iv) loans. Winthrop Management LP, provides comprehensive property management and construction management services for Winthrop Realty Trust, AREA Property Partners, the syndicated partnerships of Winthrop Realty Partners, and a limited number of private ownership groups. Winthrop Management, LP was established in 1975 as a privately held real estate investment management company.