Stable Development, LLC agreed to acquire buildings at 8930 West Sunset Road, 8905 West Post Road and 8945 West Post Road in Las Vegas from SE Property Investments, LLC, Execusuite Properties, LLC, Vestin Realty Mortgage I, Inc. and Building C, LLC for $22.7 million on January 29, 2016. Under the terms of the deal, Stable Development shall assume net debt on the buildings amounting to $8.2 million. As on January 29, 2016, Vestin Realty Mortgage II, Inc. through its subsidiaries SE Property Investments, LLC, Execusuite Properties, LLC and Building C, LLC completed the sale of its stake in the buildings.

Stable Development, LLC completed the acquisition of buildings at 8930 West Sunset Road, 8905 West Post Road and 8945 West Post Road in Las Vegas from SE Property Investments, LLC, Execusuite Properties, LLC, Vestin Realty Mortgage I, Inc. and Building C, LLC on April 5, 2016.