| Recent Transactions | |
| Westgate’s recent investment and lending activities include: | |
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| • | Acquisition and refurbishment loan on South Carolina condominiums and additional land |
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| • | Acquisition and development loan on 888 acre second home land development in Georgia |
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| • | Investments in three California office buildings |
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| • | Acquisition of 115 acre tract on Coit Road in North Texas |
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| • | Investment in North Carolina condominium construction project |
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| • | Acquisition and completion loan on condominium project in Washington State |
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| • | Acquisition and completion loans on three condominium projects in North Carolina |
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| • | Acquisition and development loan on 880 acre second home land development in North Carolina |
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| • | Acquisition and completion loan on condominium project in Orlando, Florida |
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| • | Acquisition and completion loan on Gulf front condominium project in Mississippi |
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| • | Acquisition and completion loan on ocean front condominium project in Florida |
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