Sales/Settlement of Real Estate Assets
On January 30, 2023, the Company entered into an agreement to sell its last single-family home remaining in the Company’s real asset portfolio. The closing of the sale is subject to a number of contingencies, including the satisfactory completion of the purchaser’s due diligence. No assurance can be given that all such contingencies
will be satisfied or that the closing of the sale will occur. Neither the Company nor any of its affiliates has any material relationship with the purchaser other than in respect of the transaction.
8 thoughts on “One More Home under contract!”
Unfortunately, the sale of the last remaining house was cancelled on Febuary 20, 2023 as detailed on a form K8 filed with the SEC.
ugh, thanks for that up date!
Do you know any detail on the other ‘properties’ the trust still has …. one I believe is land in HI
Hi Greg. Good news. The 638 Siena Rd house has been sold for $26,000,000 on 3/3/23. By the way, have you gotten your Grantors Letter? I am still waiting.
thank you for this update!
where did you get this update??
I got my tax dox from the TT on Saturday … is that your question above?
The Siena Rd house has been sold on 3/30/23 for $23,000,000. have you gotten your grantor letter?
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Woodbridge announced a distribution of $25 million ($2.18 per share) payable on 6/12/23. Stephen Swafford
thank you for this! I had not seen this yet