EX-99.1 24 exhibit99_1toamend2.htm TABLE VI - DESCRIPTION OF OPEN LOANS exhibit99_1toamend2.htm

Exhibit 99.1


Table VI
Description of Open Loans of Prior Limited Partnerships
(unaudited)
NOT COVERED BY REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

Three Year Summary of Loans Originated by Prior Limited Partnerships. During the three-year period ending December 31, 2007, loans were made by prior programs with investment objectives similar to those of the partnership.  The following table provides a summary of the loans originated for the three-year period as of December 31, 2007.  The last column of the following chart reflects total outstanding loan balances on all loans for each prior program including those which originated prior to the three (3) year period ending December 31, 2007.

 
 
Name of partnership
 
Number of Loans
   
Estimated Total Amount of Loans Made 01/01/05 to 12/31/07
   
Outstanding Loan Balances Originated 01/01/05
to 12/31/07
   
Total Outstanding Loans as of 12/31/07
 
CMI
   
6
    $ 531,750              
RMI
   
1
 
  $ 75,000              
RMI II
   
0
                   
RMI III
   
7
    $ 776,750              
RMI IV
   
26
    $ 5,360,951     $ 2,709,669     $ 2,795,811  
RMI V
   
15
    $ 1,980,500     $ 1,045,997     $ 1,120,793  
TOTAL
   
55
    $ 8,724,951     $ 3,755,666     $ 3,916,604  


 
 
Name of partnership
 
Number of Loans
   
Estimated Total Amount of Loans Made 01/01/05 to 12/31/07
   
Outstanding Loan Balances Originated 01/01/05
to 12/31/07
   
Total Outstanding Loans as of 12/31/07
 
RMI VI
   
39
    $ 8,544,795     $ 4,694,898     $ 4,944,898  
RMI VII
   
43
    $ 11,423,911     $ 5,417,638     $ 6,202,522  
RMI VIII
   
154
    $ 469,995,953     $ 269,679,082     $ 305,567,954  
TOTAL
   
236
    $ 489,964,659     $ 279,791,618     $ 316,715,374  



 
1

 

A further breakdown of these loans according to the type of deed of trust, the California County location of the property securing the loans, and the type of property securing the loan is provided below:

For Prior Private Partnerships:

Loans
       
 
First Trust Deeds
  $ 5,715,651  
 
Second Trust Deeds
  $ 2,953,300  
 
Third Trust Deeds
  $ 56,000  
Total
    $ 8,724,951  
Location of Loans
         
 
Santa Clara
  $ 1,275,000  
 
Alameda
  $ 1,112,500  
 
Solano
  $ 970,000  
 
Contra Costa
  $ 932,800  
 
San Mateo
  $ 770,000  
 
Los Angeles
  $ 531,000  
 
San Francisco
  $ 500,000  
 
San Diego
  $ 439,500  
 
San Joaquin
  $ 437,500  
 
El Dorado
  $ 371,000  
 
Mariposa
  $ 225,000  
 
Monterey
  $ 203,500  
 
Santa Cruz
  $ 185,000  
 
Napa
  $ 175,000  
 
Sacramento
  $ 147,000  
 
Placer
  $ 142,500  
 
Riverside
  $ 125,000  
 
Stanislaus
  $ 110,651  
 
Tuolumne
  $ 72,000  
Total
    $ 8,724,951  
Type of Property
         
 
Single Family (1-4 units)
  $ 6,615,800  
 
Commercial
  $ 1,998,500  
 
Raw Land
  $ 110,651  
 
Apartments
     
Total
    $ 8,724,951  


 
2

 

A further breakdown of these loans according to the type of deed of trust, the location of the property securing the loans, and the type of property securing the loan is provided below:

For Prior Public Partnerships:

Loans
       
 
First Trust Deeds
  $ 238,530,764  
 
Second Trust Deeds
  $ 240,220,895  
 
Third Trust Deeds
  $ 11,213,000  
Total
    $ 489,964,659  
Location of Loans
         
 
San Francisco
  $ 137,366,925  
 
Alameda
  $ 63,839,500  
 
Los Angeles
  $ 56,529,020  
 
Sacramento
  $ 54,126,250  
 
Contra Costa
  $ 35,075,500  
 
San Mateo
  $ 29,903,500  
 
Santa Clara
  $ 23,458,250  
 
Napa
  $ 18,565,000  
 
Solano
  $ 12,602,000  
 
San Diego
  $ 8,076,000  
 
San Joaquin
  $ 6,972,200  
 
Butte
  $ 6,873,300  
 
Fresno
  $ 6,795,615  
 
Riverside
  $ 5,382,500  
 
Sonoma
  $ 4,945,000  
 
Marin
  $ 4,635,000  
 
Sutter
  $ 4,463,900  
 
Amador
  $ 2,635,000  
 
Placer
  $ 2,232,500  
 
Stanislaus
  $ 990,649  
 
Orange
  $ 697,000  
 
Monterey
  $ 633,000  
 
Kern
  $ 568,000  
 
San Bernardino
  $ 563,000  
 
El Dorado
  $ 200,000  
 
Santa Cruz
  $ 130,000  
 
All Others
  $ 1,706,050  
Total
    $ 489,964,659  
Type of Property
         
 
Single Family (1-4 units)
  $ 308,921,310  
 
Commercial
  $ 150,133,500  
 
Raw Land
  $ 21,684,849  
 
Apartments
  $ 9,225,000  
Total
    $ 489,964,659  


 
3