(Exact name of registrant as specified in its charter)
https://finance.yahoo.com/sec-filing/WBQNL/0001140361-22-019773_1785494
I don’t know why the trustee didn’t get this SEC filing added to the website in a more timely way; but the link above is the 8K filing that talks (briefly) about the latest home sale.
Check this out for some details.
Lessons Learned from the Woodbridge Scam 
Hello
Sorry to be so stupid but what does this mean for us.
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More money distributed out … likely another $50 million.
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Looking forward to the next distribution. Any idea when it could be?
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Trustee isn’t getting an ‘A’ for communication & follow up just now … so no idea
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Do we think another distribution is coming in June?
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soon but not necessarily June
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Looked to me from the report that they may have paid a 25 Million loan off with the proceeds. That and all the sales and handling fees will likely take a big chunk of the 58 Million.
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Report doesn’t really say $ figure; just that a $25 million line of credit was secured by this real estate – so that had to be closed to release the claim on that title so the sale could complete.
nothing saying for sure if $X on the line of credit (by my reading) had an outstanding balance to clear.
do you read different?
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Greg- First Thanks for giving us all a location to keep up with the progress and sending out the “latest news” when it becomes available.
Second- do you have an idea on how much property is left? I was thinking that the St Cloud property was about the last piece.
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Well, glad I was wrong. Looks like according to June 16 info, one of the largest distributions yet is to be sent out on July 15. I like being wrong this way!
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thanks for this Mike; I hadn’t seen it yet.
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