As most of us know getting info from the Trustee’s office is …. well, a challenge. But there are a few clews from the 2021 10-Q filing. Here are some highlights.
- “As of December 31, 2021, the Wind-Down Entity owns three luxury single-family homes that are under construction in the Los Angeles, California area. The majority of the gross carrying value of the Wind-Down Entity’s real estate assets held for sale is concentrated in these three single-family homes. In addition, construction is being completed on two other single-family homes that have been sold. The Wind-Down Entity is also liquidating its remaining five other real estate assets. See Note 3 for additional information.”
- https://sallyforsterjones.com/listing/638-siena-way/ Here’s a link to one of the listings we have active at $47 million list price.
- As of the end of December the Trust also has 5 other parcels, one I believe (not sure here) is in Hawaii.
- Here’s the link to that 10Q if you’d like some reading. https://woodbridgeliquidationtrust.com/wp-content/uploads/2022/02/AS-FILED-Woodbridge-Liquidation-Trust-Q2-2022.pdf
I haven’t forgotten to work up an update on the various lawsuits. Back soon on that topic.