AGREEMENT OF JOINT FILING (WINTHROP REALTY TRUST)

Exhibit 1

AGREEMENT OF JOINT FILING

(WINTHROP REALTY TRUST)

In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, the undersigned hereby confirm the agreement by and among them to the joint filing on behalf of them of the Statement on Schedule 13G and any and all further amendments thereto, with respect to the securities of the above referenced issuer, and that this Agreement be included as an Exhibit to such filing.  This Agreement may be executed in any number of counterparts each of which shall be deemed to be an original and all of which together shall be deemed to constitute one and the same Agreement.

IN WITNESS WHEREOF, the undersigned hereby execute this Agreement as of August 18, 2014.

	APOLLO VALUE INVESTMENT MASTER FUND, L.P.
	By:	Apollo Value Advisors, L.P.
		its managing general partner
		By:	Apollo Value Capital Management, LLC
			its general partner
			By:	/s/ Xxxxxx X. Xxxxx
				Xxxxxx X. Xxxxx
				Vice President
	APOLLO VALUE ADVISORS, L.P.
	By:	Apollo Value Capital Management, LLC
		its general partner
	By:	/s/ Xxxxxx X. Xxxxx
		Xxxxxx X. Xxxxx
		Vice President
	APOLLO VALUE CAPITAL MANAGEMENT, LLC
	By:	/s/ Xxxxxx X. Xxxxx
		Xxxxxx X. Xxxxx
		Vice President

	APOLLO VALUE MANAGEMENT, L.P.
	By:	Apollo Value Management GP, LLC
		its general partner
		By:	/s/ Xxxxxx X. Xxxxx
			Xxxxxx X. Xxxxx
			Vice President
	APOLLO VALUE MANAGEMENT GP, LLC
	By:	/s/ Xxxxxx X. Xxxxx
		Xxxxxx X. Xxxxx
		Vice President
	APOLLO CREDIT STRATEGIES MASTER FUND LTD.
	By:	Apollo ST Fund Management LLC
		its investment manager
		By:		/s/ Xxxxxx X. Xxxxx
				Xxxxxx X. Xxxxx
				Vice President
	APOLLO CREDIT MASTER FUND LTD.
	By:	Apollo ST Fund Management LLC
		its investment manager
		By:	/s/ Xxxxxx X. Xxxxx
			Xxxxxx X. Xxxxx
			Vice President
	APOLLO ST FUND MANAGEMENT LLC
	By:	/s/ Xxxxxx X. Xxxxx
		Xxxxxx X. Xxxxx
		Vice President

	APOLLO ST OPERATING LP
	By:		Apollo ST Capital LLC
			its general partner
			By:	/s/ Xxxxxx X. Xxxxx
				Xxxxxx X. Xxxxx
				Vice President
	APOLLO ST CAPITAL LLC
	By:		/s/ Xxxxxx X. Xxxxx
			Xxxxxx X. Xxxxx
			Vice President
	ST MANAGEMENT HOLDINGS LLC
	By:		/s/ Xxxxxx X. Xxxxx
			Xxxxxx X. Xxxxx
			Vice President
	APOLLO CAPITAL SPECTRUM FUND, L.P.
	By:		Apollo Capital Spectrum Advisors, LLC
			its general partner
			By:	/s/ Xxxxxx X. Xxxxx
				Xxxxxx X. Xxxxx
				Vice President
	APOLLO CAPITAL SPECTRUM ADVISORS, LLC
	By:		/s/ Xxxxxx X. Xxxxx
			Xxxxxx X. Xxxxx
			Vice President
	APOLLO CAPITAL SPECTRUM MANAGEMENT, LLC
	By:	/s/ Xxxxxx X. Xxxxx
		Xxxxxx X. Xxxxx
		Vice President

	APOLLO TR OPPORTUNISTIC LTD.
	By:	Apollo Total Return Master Fund LP
		its sole shareholder
		By:			Apollo Total Return Advisors LP
					its general partner
					By:		Apollo Total Return Advisors GP LLC
							its general partner
							By:	/s/ Xxxxxx X. Xxxxx
								Xxxxxx X. Xxxxx
								Vice President
	APOLLO TOTAL RETURN MASTER FUND LP
	By:			Apollo Total Return Advisors LP
				its general partner
				By:	Apollo Total Return Advisors GP LLC
					its general partner
					By:	/s/ Xxxxxx X. Xxxxx
						Xxxxxx X. Xxxxx
						Vice President
	APOLLO TOTAL RETURN MANAGEMENT, LLC
	By:			/s/ Xxxxxx X. Xxxxx
				Xxxxxx X. Xxxxx
				Vice President
	APOLLO CAPITAL MANAGEMENT, L.P.
	By:			Apollo Capital Management GP, LLC
				its general partner
				By:	/s/ Xxxxxx X. Xxxxx
					Xxxxxx X. Xxxxx
					Vice President
	APOLLO CAPITAL MANAGEMENT GP, LLC
	By:			/s/ Xxxxxx X. Xxxxx
				Xxxxxx X. Xxxxx
				Vice President

	APOLLO PRINCIPAL HOLDINGS II, L.P.
	By:	Apollo Principal Holdings II GP, LLC
		its general partner
		By:	/s/ Xxxxxx X. Xxxxx
			Xxxxxx X. Xxxxx
			Vice President
	APOLLO PRINCIPAL HOLDINGS II GP, LLC
	By:	/s/ Xxxxxx X. Xxxxx
		Xxxxxx X. Xxxxx
		Vice President
	APOLLO MANAGEMENT HOLDINGS, L.P.
	By:	Apollo Management Holdings GP, LLC
		its general partner
		By:	/s/ Xxxxxx X. Xxxxx
			Xxxxxx X. Xxxxx
			Vice President
	APOLLO MANAGEMENT HOLDINGS GP, LLC
	By:	/s/ Xxxxxx X. Xxxxx
		Xxxxxx X. Xxxxx
		Vice President