Property Sales Update

On October 27, 2025, the Diocese of Santa Rosa obtained approval from the Bankruptcy Court to sell Our Lady of Mount Carmel Church in Cloverdale, California for $460,000.00. The net proceeds of the sale will be made available for distribution to Survivors according  to the terms of any consensual plan of reorganization approved by the Bankruptcy Court. In the professional opinion of Stout Risius Ross, LLC (the Committee’s real estate valuation expert), this sale price is above the range of reasonable values for the property, so the Committee supported the sale. The Committee continues to review all real estate sales proposed by the Diocese to ensure that the maximum amount will be available to Survivors in a bankruptcy settlement.