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 |
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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 |
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