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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1327603	Vestin Realty Mortgage Ii Inc	VRTB	Real Estate Investment Trusts (6798)	611502451

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1088193	V Michael Shustek	8880 W. Sunset Road Suite 200 Las Vegas NV 89148	President, Ceo & Cfo	Yes	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2010-08-24	37,160	$1.62	1,484,100	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	92,699	Indirect	Vestin Mortgage, Inc.
Common Stock	10,631	Indirect	Vestin Realty Mortgage I, Inc.
Common Stock	16,498	Indirect	Vestin Fund III, LLC
Common Stock	75,097	Indirect	Spouse

Footnotes

Represents the weighted average purchase price on transactions that range from $1.55789 to $1.58 per share on August 24, 2010. The reporting person will provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price.
Vestin Mortgage, Inc. holds these shares and Mr. Shustek is the Chairman, President and Chief Executive Officer of Vestin Mortgage, Inc. and indirectly owns all of the capital stock of Vestin Mortgage Inc. through Vestin Group, Inc. a company in which Mr. Shustek is the majority owner.
Mr. Shustek owns an approximate 4.7% interest in Vestin Realty Mortgage I, Inc. ("VRM I"), a public company that owns 225,134 shares of Vestin Realty Mortgage II, Inc. ("VRM II"). Mr. Shustek is an executive officer and director of VRM I. The 10,631 shares represent Mr. Shustek's proportionate interest in the shares of VRM II that are owned by VRM I.
Mr. Shustek owns an approximate 14.5% interest in Vestin Fund III, LLC ("Fund III"), a company that owns 114,117 shares of VRM II. Mr. Shustek is the Chairman, President and Chief Executive Officer of Vestin Mortgage, Inc., who is the manager of Fund III. The 16,498 shares represent Mr. Shustek's proportionate interest in the shares of VRM II that are owned by Fund III.