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Vestin Realty Mortgage I Inc. (VRTA)

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Last Post: 12/31/2015 12:19:03 PM - Followers: 1 - Board type: Free - Posts Today: 0

Vestin Realty Mortgage I, Inc. (VRM I) operates as a real estate investment trust. The investment objective of VRM I is to invest approximately 97% of the assets in real estate loans, while maintaining approximately 3% as a working capital cash reserve. The Company invests in loans, which are secured by first or second trust deeds on real property. The manager of VRM I is Vestin Mortgage, Inc. As of December 31, 2010, the Company had loans in Arizona, California, Hawaii, Nevada, Oregon and Texas.
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