Woodbridge Liquidation Trust sells LA property for $58.5M; terminates $25M credit line

Woodbridge Liquidation Trust

Completed sale of residential property at 642 St. Cloud Road, Los Angeles, CA for $58.5M cash to a private entity.
Terminated $25M revolving line of credit with City National Bank of Florida; no outstanding balance or early termination penalties.
Credit line was secured by the sold property; termination directly tied to the sale.

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