EX-99.1 5 exhibit99_1toamendment3.htm exhibit99_1toamendment3.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, 2008, 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, 2008.  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, 2008.


 
 
Name of partnership
 
Number of Loans
   
Estimated Total Amount of Loans Made 01/01/06
to 12/31/08
   
Outstanding Loan Balances Originated 01/01/06
to 12/31/08
   
Total Outstanding Loans as of 12/31/08
 
RMI IV
    25     $ 5,152,151     $ 2,836,029     $ 3,313,546  
RMI V
    16     $ 2,410,059     $ 1,443,000     $ 1,513,628  
TOTAL
    41     $ 7,562,210     $ 4,279,029     $ 4,827,174  


 
 
Name of partnership
 
Number of Loans
   
Estimated Total Amount of Loans Made 01/01/06
to 12/31/08
   
Outstanding Loan Balances Originated 01/01/06
to 12/31/08
   
Total Outstanding Loans as of 12/31/08
 
RMI VI
    39     $ 8,927,658     $ 5,283,651     $ 5,777,110  
RMI VII
    34     $ 8,188,479     $ 5,320,873     $ 6,425,871  
RMI VIII
    172     $ 413,096,590     $ 307,474,015     $ 366,012,762  
TOTAL
    245     $ 430,212,727     $ 318,078,539     $ 378,215,743  



 
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
  $ 6,181,710  
 
Second Trust Deeds
  $ 1,324,500  
 
Third Trust Deeds
  $ 56,000  
Total
    $ 7,562,210  
Location of Loans
         
 
Alameda
  $ 1,361,000  
 
Santa Clara
  $ 1,275,000  
 
Solano
  $ 670,000  
 
Los Angeles
  $ 647,000  
 
San Francisco
  $ 635,000  
 
San Mateo
  $ 565,059  
 
San Diego
  $ 439,500  
 
San Joaquin
  $ 437,500  
 
Napa
  $ 350,000  
 
Riverside
  $ 331,000  
 
El Dorado
  $ 301,000  
 
Mariposa
  $ 225,000  
 
Placer
  $ 142,500  
 
Stanislaus
  $ 110,651  
 
Tuolumne
  $ 72,000  
Total
    $ 7,562,210  
Type of Property
         
 
Single-Family
  $ 5,014,000  
 
Commercial
  $ 1,832,500  
 
Raw Land
  $ 465,710  
 
Apartments
    250,000  
Total
    $ 7,562,210  


 
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
  $ 213,864,417  
 
Second Trust Deeds
  $ 198,426,810  
 
Third Trust Deeds
  $ 17,921,500  
Total
    $ 430,212,727  
Location of Loans
         
 
Los Angeles
  $ 102,744,064  
 
San Francisco
  $ 96,502,075  
 
Alameda
  $ 55,725,183  
 
Sacramento
  $ 48,741,250  
 
Contra Costa
  $ 42,114,250  
 
San Mateo
  $ 14,216,941  
 
Napa
  $ 14,065,000  
 
San Diego
  $ 11,665,250  
 
Fresno
  $ 7,125,615  
 
Santa Clara
  $ 6,953,500  
 
Riverside
  $ 5,382,500  
 
Solano
  $ 4,813,600  
 
Marin
  $ 4,735,000  
 
San Joaquin
  $ 2,152,500  
 
Butte
  $ 1,517,800  
 
Santa Barbara
  $ 1,500,000  
 
Placer
  $ 1,492,500  
 
Monterey
  $ 1,450,000  
 
Orange
  $ 1,180,000  
 
El Dorado
  $ 1,040,000  
 
Stanislaus
  $ 990,649  
 
Ventura
  $ 700,000  
 
Kern
  $ 688,000  
 
San Bernardino
  $ 663,000  
 
Calaveras
  $ 399,000  
 
Sonoma
  $ 345,000  
 
All Others
  $ 1,310,050  
Total
    $ 430,212,727  
Type of Property
         
 
Single Family
  $ 288,410,004  
 
Commercial
  $ 124,776,683  
 
Apartments
  $ 13,691,250  
 
Raw Land
  $ 3,334,790  
Total
    $ 430,212,727  


 
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