Vestin Realty Mortgage I Inc.(NASDAQ:VRTA)’s Acquisition Of Five Facilities


Dallas, Texas 02/07/2014 (FINANCIALSTRENDS) Vestin Realty Mortgage I Inc.(NASDAQ:VRTA) is the Las Vegas based premium real estate investment firm which operates through a trust. The nature of offers the company makes is of these kinds; first, investments are in the form of asset-based real estate loans, which amounts to nearly 97% of the processes the company involves itself in.  Only 3% of this investment is then used as cash reserve and working capital.

Vestin Realty Mortgage I Inc.(NASDAQ:VRTA) typically operates in two segments. These are investments in real estate loans and the second is the investments in real property. The opreaitons are handled through the manager, Vestin Realty, LLC. This company then forms partnerships with Vestin Realty Mortgage II Inc as well as MVP REIT Inc. In recent times the company has acquired over three facilities which are essentially parking properties.


Vestin Realty Mortgage I Inc.(NASDAQ:VRTA) in the second half of 2013, completed acquisition of five facilities. These are parking lots which are essentially surface parking mechanisms. It also acquired a single garage-based parking lot. This was in Maryland in Missouri as well as Tennessee besides Florida.

Financial strengths

Vestin Realty Mortgage I Inc.(NASDAQ:VRTA) trades on the stock market at an infra-day high of $1.66 and infra-day low of $1.57.Vestin Realty is known to be a $9.08 million market cap company which has PE of 22.83. The EPS is 0.07 and beta is 0.19. The trading volume to the average daily volume is 13,514/8,359.  Vestin Realty Mortgage sees much competition from the likes of Hannon Armstrong (HASI), Walker & Dunlop (WD) as well as America First (ATAX). In comparison with peers, all of whom named above indicate prices with marginal increase, Vestin Realty Mortgage is the only stock which has since seen a change% valued at 5% and more. All of the other stocks showed positive change per cent in the range of 2.08% noted by Hannon Armstrong  to 0.69% change reported by America First(ATAX).