Michael V. Shustek
Michael V. Shustek has been a director of our manager and Chairman of the Board of Directors, Chief
Executive Officer and a director of Vestin Group since April 1999 and a Director and CEO of us and
Vestin Realty Mortgage I, Inc. (“VRM I”) since January 2006. In February 2004, Mr. Shustek became
the President of Vestin Group. Mr. Shustek also serves on the loan committee of our manager and its
affiliates. In 2003, Mr. Shustek became the Chief Executive Officer of our manager. In 1995, Mr.
Shustek founded Del Mar Mortgage, and has been involved in various aspects of the real estate industry
in Nevada since 1990. In 1993, he founded Foreclosures of Nevada, Inc., a company specializing in
non-judicial foreclosures. In 1993, Mr. Shustek also started Shustek Investments, a company that
originally specialized in property valuations for third-party lenders or investors and which continues
today as the primary vehicle for his private investment portfolio. In 1997, Mr. Shustek was involved
in the initial founding of Nevada First Bank, with the largest initial capital base of any new state
charter in Nevada’s history. Mr. Shustek has co-authored two books, entitled “Trust Deed Investments,”
on the topic of private mortgage lending, and “If I Can Do It, So Can You.” Mr. Shustek is a guest
lecturer at the University of Nevada, Las Vegas, where he also has taught a course in Real Estate Law
and Ethics. Mr. Shustek received a Bachelor of Science degree in Finance at the University of Nevada,
Las Vegas.