Vestin Realty Mortgage I, Inc (NasdaqGM:VRTA) and Vestin Realty Mortgage II, Inc. (NasdaqGS:VRTB) agreed to acquire Building A, LLC from of MVP REIT, Inc. for $12.1 million on June 16, 2014. Under the terms of transaction, Vestin Realty Mortgage I and Vestin Realty Mortgage II will pay $3.6 million and assume debt of $8.5 million. In a related transaction, Vestin Realty Mortgage I, Inc and Vestin Realty Mortgage II, Inc. agreed to acquire 58% stake in Building C, LLC from of MVP REIT, Inc for $15.1 million. The Board of Directors of Vestin Realty Mortgage I, Vestin Realty Mortgage II and MVP REIT, Inc. approved the transaction on June 16, 2014. The acquisition is subject to the completion of definitive agreements being executed and is expected to close in July 2014. As of July 31, 2014 purchase of the membership interests in Building A, LLC is expected to close in August, 2014.

Vestin Realty Mortgage I, Inc (NasdaqGM:VRTA) and Vestin Realty Mortgage II, Inc. (NasdaqGS:VRTB) completed the acquisition of Building A, LLC from of MVP REIT, Inc. on August 29, 2014.