Principal Objectives. The Partnership is in the business of extending loans to the general public secured by first and junior deeds of trust on real property. The Partnership has been operating for three years and has made Mortgage Investments in the aggregate in excess of $22,000,000. The General Partners have not yet identified nor committed to make any Mortgage Investments from the proceeds of this Offering and, as of the date of the Prospectus, have not entered into any negotiations with respect to extending any Mortgage Investments. The Partnership's primary objectives are to:
Appears in 7 contracts
Samples: Limited Partnership Agreement (Redwood Mortgage Investors Viii), Limited Partnership Agreement (Redwood Mortgage Investors Viii), Limited Partnership Agreement (Redwood Mortgage Investors Viii)