If I’m reading the latest SEC report (the trustee filed) correctly the Trust has $85 million of real estate left to sell as of December 31st.

So that will give you an idea of how much property is still owned/listed for sale etc. by the trust. They also have about $54 million in the check book and $30 million is ‘other assets’ – which is mainly the Comerica bank settlement dollars. Below is a poorly done copy/paste of that foot note on the ‘Other Assets’.

5) Other Assets
The Company’s other assets as of December 31, 2021, with comparative information as of December 31, 2021 ($ in thousands):

Comerica settlement receivable, net (Note 13) $ 24,815
Escrow receivables (a) 3,560
Forfeited Assets (Note 7) 1,179
Settlement installment receivables, net (b) 857
Other 411
Total other assets $ 30,822

Use this link to see SEC report

You can read this report at the link above for yourself, but this generally answers the main question I’m getting of ‘how much real estate is left to sell?’

4 thoughts on “$85 Million

  1. Thank you for keeping us up to date. We are totally in the dark about what assets remain as well as knowing about the potential

    Liked by 1 person

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