recent transactions

Seneca Village - Victorville, CA - Jan. 2009

34 Single Family Units
$7.3MM Face Value Note
Workout Closed

Medical Office Building - Las Vegas, NV - Jan. 2009

$5.5MM Face Value Note
Workout Closed

The Birches - Memphis, TN - Feb. 2009

108 Unit Apartment Community
$3.5MM Face Value Note
Workout in Process

Suriaya - Retail Complex - Las Vegas, NV - Mar. 2009

Taco Bell, Tire Works, Quiznos
$6.15MM Face Value Note
Workout under Contract

La Costa - Multi-Family CRE - Kingman, AZ - Mar. 2009

Nine Condo Units
$1.35MM Face Value Note
Workout in Process

Desert Inn - Multi-Family CRE - Las Vegas, NV - Mar. 2009

31 Condo Units
$3.0MM Face Value Note
Workout in Process

Cimarron Hills - Multi-Family CRE - Las Vegas, NV - Mar. 2009

32 Condo Units
$4.4MM Face Value Note
Workout in Process

Midstate Corp - Agricultural Property - Stockton, CA - Mar. 2009

Farm
$212K Face Value Note
Workout under Contract

California Plaza Building - CRE - Los Angeles, CA - April 2009

38,000 SF Retail/Office Building
$3.3MM Face Value Note

Tropicana 26 - CRE - Las Vegas, NV - April 2009

42,500 SF Retail/Office Building
$5.0MM Face Value Note

Heritage Mall - CRE - Midwest City, OK - April 2009

219,000 SF Regional Retail Mall
$3.8MM Face Value Note
Notes: SilverLeaf Financial has been placing bids to acquire assets from the FDIC since 2008. They have been awarded a total of 11 pools, consisting of 17 loans. Seven of those 17 loans have been successfully worked out. The total face value of assets acquired by SilverLeaf is approaching $80M.