Vestin Realty Mortgage I, Inc. and Vestin Realty Mortgage II, Inc. completed a deal with Bombe Asset Management

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LAS VEGAS, August 27, 2021 / PRNewswire / – Vestin Realty Mortgage I, Inc. (OTC: VRTA) and Vestin Realty Mortgage II, Inc. (OTC: VRTB) announced today that combined with Mikhail Vasilievich Shustek and MVP Realty Advisors LLC, they completed a deal in which the collective parties sold 1,549,324 common shares of The Parking REIT at US $ 11.75 per share of Color Up LLC, a subsidiary of Bombe Asset Management LLC, a private equity firm investing in real estate, transportation, infrastructure assets and services.

In addition, Vestin contributed 175,000 Parking REIT common shares to settle three pending class actions against Parking REIT, and MVP Realty Advisors waived its claims for 400,000 shares of The Parking REIT.

About Vestin Realty Mortgage I, Inc.
Vestin Realty Mortgage I, Inc., formerly called Vestin Fund I, LLC, invests in loans secured by real estate through trusts or mortgages and, as defined in our management agreement, as mortgage assets. In addition, we invest, acquire, manage or sell real estate, as well as acquire companies involved in the ownership or management of real estate and securities. We started work in June 2001… Vestin Realty Mortgage I, Inc. traded on pink OTC sheets under the symbol ‘VRTA’ and is headquartered in Las vegas, nevada… For more information on Vestin Realty Mortgage I, please visit www.vestinrealtymortgage1.com

About Vestin Realty Mortgage II, Inc.
Vestin Realty Mortgage II, Inc., formerly called Vestin Fund II, LLC, invests in loans secured by real estate through trusts or mortgages and, as defined in our management agreement, as mortgage assets. In addition, we invest, acquire, manage or sell real estate and acquire companies involved in the ownership or management of real estate, as well as in securities and business loans. We started work in June 2001… Vestin Realty Mortgage II, Inc. traded on pink OTC sheets under the symbol “VRTB”, headquartered in Las vegas, nevada… For more information on Vestin Realty Mortgage II, please visit www.vestinrealtymortgage2.com

This press release contains statements of the future expectations, beliefs, goals, plans or perspectives of the management of Vestin Realty Mortgage II, Inc. These statements are based on management’s current expectations, estimates, projections and forecasts with respect to Vestin Realty Mortgage I, Inc. and Vestin Realty Mortgage II, Inc. These statements are forward-looking statements within the meaning of the US Private Securities Litigation Reform Act of 1995. Words such as expects, believes, evaluates, expects, goals, goals, projects, intentions, plans, searches, and variations of such words and similar expressions are intended to identify such forward-looking statements that are not statements of historical fact. These forward-looking statements are not guarantees of future results and involve certain risks, uncertainties and assumptions that are difficult to assess. Vestin Realty Mortgage I, Inc. and Vestin Realty Mortgage II, Inc. are not required to update such forward-looking statements. Actual results and results could differ materially from what is expressed or projected in such forward-looking statements.

SOURCE Vestin Realty Mortgage I, Inc. and Vestin Realty Mortgage II, Inc.



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