		Principal as of
		December 31,			December 31,			Loan	Interest
Mortgage note property	Notes	2018			2017			Type	Rate (1)			Maturity
Port of San Diego Complex	(4)	$	-		$	9,575,508		Fixed		4.75	%	3/5/2020
Garden Gateway Plaza			6,270,896			6,445,300		Fixed		5.00	%	4/5/2020
World Plaza	(9)		3,350,539			-		Variable		5.10	%	7/5/2020
West Fargo Industrial			4,292,809			4,365,449		Fixed		4.79	%	9/6/2020
Morena Office Center	(2)		1,567,358			2,156,479		Fixed		4.30	%	6/1/2021
Waterman Plaza			3,369,960			3,850,365		Fixed		5.78	%	4/29/2021
Pacific Oaks Plaza	(6)		-			1,466,351		Fixed		4.30	%	6/1/2021
300 N.P.			2,348,443			2,380,703		Fixed		4.95	%	6/11/2022
Highland Court			6,568,320			6,695,541		Fixed		3.82	%	9/1/2022
Dakota Center			10,314,520			10,492,904		Fixed		4.74	%	7/6/2024
Union Terrace			6,354,153			6,454,448		Fixed		4.50	%	9/5/2024
The Presidio			5,992,905			6,000,000		Fixed		4.54	%	12/1/2021
Centennial Tech Center			9,745,811			9,908,235		Fixed		4.43	%	1/5/2024
Research Parkway			1,864,139			1,909,012		Fixed		3.94	%	1/5/2025
Arapahoe Center			8,233,567			8,364,088		Fixed		4.34	%	1/5/2025
Union Town Center			8,440,000			8,440,000		Fixed		4.28	%	1/5/2025
Yucca Valley Retail Center	(7)		-			6,000,000		Fixed		4.31	%	4/11/2025
Executive Office Park	(8)		4,947,808			4,151,161		Fixed		4.83	%	6/1/2027
Genesis Plaza			6,476,032			6,500,000		Fixed		4.71	%	8/25/2025
One Park Centre			6,585,922			6,610,000		Fixed		4.77	%	9/5/2025
Shea Center II			17,727,500			17,727,500		Fixed		4.92	%	1/5/2026
Grand Pacific Center	(3)		3,961,304			4,057,752		Fixed		4.02	%	8/1/2037
Office/Industrial and Retail Properties		$	118,411,986		$	133,550,796
Model Home Properties			32,728,930			28,454,883		Fixed	(5)			2019-2020
Mortgage Notes Payable		$	151,140,916		$	162,005,679
Unamortized loan costs			(1,426,740	)		(1,682,942	)
Mortgage Notes Payable held for investment, net		$	149,714,176		$	160,322,737

(1)	Interest rates as of December 31, 2018.

(2)	Property held for sale as of December 31, 2018 and sold for $5.6 million on January 15, 2019.

(3)	Interest rate is subject to reset on September 1, 2023.

(4)	Port of San Diego Complex was sold on December 20, 2018.

(5)	Each Model Home has a stand-alone mortgage note at interest rates ranging from 3.8% to 5.6% (at December 31, 2018).

(6)	Pacific Oaks Plaza was sold on December 27, 2018.

(7)	Yucca Valley Retail Center was sold on December 31, 2018.

(8)	The loan was refinanced to a new loan on June 1, 2018.

(9)	Interest on this loan is ABR + 0.75% and LIBOR plus 2.75%. For the year-ended December 31, 2018, the weighted average interest rate was 4.97%.

The Company is in compliance with all conditions and covenants of its mortgage notes payable.