Mr. Lance K. Bradford

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  llbradford.com/the-company/partners/ - [Cached Version]
  Published on: 10/4/2009    Last Visited: 10/4/2009  

  Lance Bradford - Managing Partner

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  www.sec.gov/Archives/edgar/data/1108948/0000950150-02-0 - [Cached Version]
  Published on: 4/17/2002    Last Visited: 6/27/2002  

  /s/ Lance K. Bradford
  
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  Lance K. BradfordDirector, Secretary and Treasurer

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  www.nbj.com/issue/0207/15/1541 - [Cached Version]
  Published on: 2/1/2007    Last Visited: 3/30/2007  

  Lance Bradford
  
  Development by the Numbers
  ...
  As a baseball player for the University of Nevada, Reno in the 1980s, Lance Bradford didn't think he would be where he is today , owner of L.L. Bradford and Co.CPAs and director of Stable Development.
  
  Bradford moved to Las Vegas in 1992 and opened L.L. Bradford and Co.CPAs.Stable Development, which celebrates its first year of business this month, was a happy accident for Bradford.A five-year stint with Vestin Mortgage introduced him to commercial and industrial real estate and land development, which added to his interest in this business.
  
  He resigned from Vestin Mortgage in 2005 to facilitate his own personal development.Stable Development combines two of Bradford's professional interests, development and finance.
  
  "One of my goals with Stable Development was to determine the primary reasons why growing companies were leasing their buildings rather than owning their buildings," Bradford said."And then try to find the solutions."
  
  style='width: 0px; height: 0px;'Capitalization, the "fear factor" of constructing a building, lack of development knowledge and time are the main reasons Bradford identified to explain why growing companies were leasing instead of owning.He then set out to solve these problems by forming partnerships with growing companies to develop and construct buildings to fit each company's unique needs.Instead of paying rent, and never seeing a return on the investment, business owners can redirect these funds into an appreciable real estate asset.
  
  As a certified public accountant, Bradford has a unique advantage in the development business, he said."We are going to own the building together forever unless we decide to sell it," Bradford explained."We have the ability to provide advice from a CPA's perspective.It's very seldom when you sit with a developer and they give you tax considerations that go along with [your development]."
  
  Constructing a building is a choice for growth, Bradford said.Members of the staff at Stable Development also advise business owners about other aspects of growing their businesses, adding employees or formulating projections.
  
  Although undeveloped land is becoming an increasingly scarce commodity, Bradford is presently unconcerned.According to Bradford, aside from being much easier to find than several individual small parcels, the larger piece of land, with its potential for common areas and shared utilities, can result in substantial cost-savings for the development's owners."It's easier to find larger parcels, say five acres or larger, than a one-acre piece," Bradford added."We find four or five groups for one spot, and our clients are happy because they don't have to do that much."
  
  Near the corner of Sunset Road and the Las Vegas Beltway, Bradford found a 17-acre parcel where nine buildings will eventually be constructed.A typical project, according to Bradford, requires about two years from initiation to completion.
  
  Since Stable Development is a partner in each project, Bradford and his associates, including Chief Operating Officer Kale Flagg, conduct an intense interview and screening process prior to selecting companies with which to partner.
  ...
  "They're all great years," Bradford said, from his office with the view.

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  www.nevadabusiness.com/issue/0207/15/1541 - [Cached Version]
  Published on: 2/1/2007    Last Visited: 4/14/2007  

  Lance Bradford
  
  Development by the Numbers
  ...
  As a baseball player for the University of Nevada, Reno in the 1980s, Lance Bradford didn't think he would be where he is today , owner of L.L. Bradford and Co.CPAs and director of Stable Development.
  
  Bradford moved to Las Vegas in 1992 and opened L.L. Bradford and Co.CPAs.Stable Development, which celebrates its first year of business this month, was a happy accident for Bradford.A five-year stint with Vestin Mortgage introduced him to commercial and industrial real estate and land development, which added to his interest in this business.
  
  He resigned from Vestin Mortgage in 2005 to facilitate his own personal development.Stable Development combines two of Bradford's professional interests, development and finance.
  
  "One of my goals with Stable Development was to determine the primary reasons why growing companies were leasing their buildings rather than owning their buildings," Bradford said."And then try to find the solutions."
  
  style='width: 0px; height: 0px;'Capitalization, the "fear factor" of constructing a building, lack of development knowledge and time are the main reasons Bradford identified to explain why growing companies were leasing instead of owning.He then set out to solve these problems by forming partnerships with growing companies to develop and construct buildings to fit each company's unique needs.Instead of paying rent, and never seeing a return on the investment, business owners can redirect these funds into an appreciable real estate asset.
  
  As a certified public accountant, Bradford has a unique advantage in the development business, he said."We are going to own the building together forever unless we decide to sell it," Bradford explained."We have the ability to provide advice from a CPA's perspective.It's very seldom when you sit with a developer and they give you tax considerations that go along with [your development]."
  
  Constructing a building is a choice for growth, Bradford said.Members of the staff at Stable Development also advise business owners about other aspects of growing their businesses, adding employees or formulating projections.
  
  Although undeveloped land is becoming an increasingly scarce commodity, Bradford is presently unconcerned.According to Bradford, aside from being much easier to find than several individual small parcels, the larger piece of land, with its potential for common areas and shared utilities, can result in substantial cost-savings for the development's owners."It's easier to find larger parcels, say five acres or larger, than a one-acre piece," Bradford added."We find four or five groups for one spot, and our clients are happy because they don't have to do that much."
  
  Near the corner of Sunset Road and the Las Vegas Beltway, Bradford found a 17-acre parcel where nine buildings will eventually be constructed.A typical project, according to Bradford, requires about two years from initiation to completion.
  
  Since Stable Development is a partner in each project, Bradford and his associates, including Chief Operating Officer Kale Flagg, conduct an intense interview and screening process prior to selecting companies with which to partner.
  ...
  "They're all great years," Bradford said, from his office with the view.

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  www.sec.gov/Archives/edgar/data/1068132/0000950150-04-0 - [Cached Version]
  Published on: 6/23/2004    Last Visited: 7/28/2004  

  Lance K. Bradford
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  Lance K. Bradford has served as Treasurer and director of Vestin Group since April 1999.In addition, Mr. Bradford was appointed Chief Financial Officer of Vestin Group in February 2004 and serves on Vestin Mortgage's loan committee.Mr. Bradford also served as President of Vestin Group from January 2001 until February 2004.Mr. Bradford previously held the office of Chief Financial Officer from 1999 to September 2002.Mr. Bradford also acts as the functional equivalent of a Chief Financial Officer for three mortgage funds managed by Vestin Mortgage, Vestin Fund I, LLC, Vestin Fund II, LLC and Vestin Fund III, LLC.Mr. Bradford was also the Corporate Secretary of Vestin Group from 1999 to 2000.Since 1992, Mr. Bradford has been a partner in L.L. Bradford , Company, Las Vegas, Nevada, a Certified Public Accounting firm that he founded.
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  Lance K. Bradford
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  Lance Bradford.See "Proposal No. 1: Election of Directors" for Mr. Bradford's biography.

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  www.sec.gov/Archives/edgar/data/1068132/0000950150-02-0 - [Cached Version]
  Published on: 7/17/2002    Last Visited: 7/19/2002  

  The Board of Directors has nominated Lance K. Bradford, Michael V. Shustek, Stephen J. Byrne, Robert J. Aalberts, John E. Dawson, Steve DuCharme, Robert L. Forbuss, Robert A. Groesbeck, James C. Walsh and Jan Jones for election as directors.
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  Lance K. BradfordDirector, President, Chief Financial Officer and Treasurer
  
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  Lance K. Bradford has been the President of VESTIN GROUP INC since January 2001.In addition, Mr. Bradford has been a director, Treasurer and Secretary of Vestin Mortgage and the Chief Financial Officer, Treasurer, and a director of the Company since April 1999.From 1999 to 2000, Mr. Bradford was also the Corporate Secretary of VESTIN GROUP INC.Since 1992, Mr. Bradford has been a partner in L.L. Bradford , Company, Las Vegas, Nevada, a Certified Public Accounting firm that he founded.From 1988 to 1991, Mr. Bradford served as an accountant with Ernst , Young International.Mr. Bradford received a Bachelor of Science degree in Accounting from the University of Nevada, in Reno, Nevada.

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  www.sec.gov/Archives/edgar/data/1068132/0000950150-03-0 - [Cached Version]
  Published on: 10/31/2003    Last Visited: 11/4/2003  

  Lance K. Bradford
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  Lance K. Bradford has been the President of Vestin Group since January 2001.In addition, Mr. Bradford has been a director, Chief Financial Officer, Treasurer and Secretary of Vestin Mortgage, Inc. and Treasurer and a director of Vestin Group since April 1999.Mr. Bradford also acts as the functional equivalent of a Chief Financial Officer for two mortgage funds managed by Vestin Mortgage, Inc., Vestin Fund I, LLC and Vestin Fund II, LLC.Mr. Bradford was also the Chief Financial Officer of Vestin Group from 1999 to September 2002 and the Corporate Secretary of Vestin Group from 1999 to 2000.Since 1992, Mr. Bradford has been a
  
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  partner in L.L. Bradford , Company, Las Vegas, Nevada, a Certified Public Accounting firm that he founded.From 1988 to 1991, Mr. Bradford served as an accountant with Ernst , Young International.Mr. Bradford received a Bachelor of Science degree in Accounting from the University of Nevada, in Reno, Nevada.
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  Lance K. Bradford
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  Lance Bradford.See "Proposal No. 1: Election of Directors" for Mr. Bradford's biography.
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  Lance K. Bradford
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  Lance K. Bradford
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  Lance K. Bradford
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  Lance K. Bradford entered into an Employment Agreement with Vestin Group on April 1, 2000 to serve as its Chief Financial Officer.Pursuant to the agreement, Mr. Bradford is entitled to receive an initial annual salary of $296,000 and performance bonuses as the Board of Directors deems appropriate.Mr. Bradford is also entitled to receive an automobile allowance in the amount of $1,000 per month during the term of the agreement.The agreement was scheduled to terminate on March 31, 2003 but is continuing for successive one year periods unless either Vestin Group or Mr. Bradford provides thirty days' notice.
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  Lance K. Bradford,
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  The undersigned revokes all previous proxies, acknowledges receipt of the Notice of the Annual Meeting of Stockholders to be held November 24, 2003 and the Proxy Statement and appoints Michael V. Shustek and Lance K. Bradford, and each of them, as proxies of the undersigned, with full power of substitution, to vote all shares of Common Stock of Vestin Group, Inc. (the "Company") which the undersigned is entitled to vote, either on his or her own behalf or on behalf of any entity or entities, at the Annual Meeting of Stockholders of VESTIN GROUP INC to be held at 4370 La Jolla Village Drive, Suite 640, San Diego, California 92122 on Monday, November 24, 2003 at 10:00 a.m. Pacific Time (the "Annual Meeting"), and at any adjournment or postponement thereof, with the same force and effect as the undersigned might or could do if personally present thereat.

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  www.sec.gov/Archives/edgar/data/1068132/0000950129-04-0 - [Cached Version]
  Published on: 8/4/2004    Last Visited: 8/6/2004  

  Lance K. Bradford
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  Lance K. Bradford has served as Chief Financial Officer, Treasurer and Secretary and a director of Vestin Mortgage and Treasurer and a director of Vestin Group since April 1999.In addition, Mr. Bradford was appointed as Chief Financial Officer of Vestin Group in February 2004 and serves on the Company's loan committee.Mr. Bradford also served as President of Vestin Group from January 2001 until February 2004.Mr. Bradford previously held the office of Chief Financial Officer of Vestin Group from 1999 to September 2002.Mr. Bradford also acts as the functional equivalent of a Chief Financial Officer for both Vestin Fund I and Vestin Fund II.Mr. Bradford was also the Corporate Secretary of Vestin Group from 1999 to 2000.Since 1992, Mr. Bradford has been a partner in L.L. Bradford , Company, Las Vegas, Nevada, a certified public accounting firm that he founded.

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  www.nbj.com/current/feature1.html - [Cached Version]
  Published on: 6/9/2001    Last Visited: 4/1/2003  

  Most agreed with Lance Bradford of L.L. Bradford CPAs, who said, "A war would cause a reduction in tourism, but Nevada would not be hit as hard as other areas of the country.I hesitate to say we're ‘recession-proof', but history has shown that people want to vacation and gamble when times are good, and when times are bad, they want to vacation to forget their worries."
  
  Gaming in Other StatesFully three-quarters of those answering our survey expressed concern about the proliferation of gaming in other states, especially in California.

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  www.sec.gov/Archives/edgar/data/1068132/0000950150-04-0 - [Cached Version]
  Published on: 4/14/2004    Last Visited: 7/28/2004  

  Lance K. Bradford
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  Lance K. Bradford
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  Lance K. Bradford has served as Chief Financial Officer, Treasurer and Secretary and a director of Vestin Mortgage and Treasurer and a director of Vestin Group since April 1999.In addition, Mr. Bradford was appointed as Chief Financial Officer of Vestin Group in February 2004 and serves on the Company's loan committee.Mr. Bradford also served as President of Vestin Group from January 2001 until February 2004.Mr. Bradford previously held the office of Chief Financial Officer of Vestin Group from 1999 to September 2002.Mr. Bradford also acts as the functional equivalent of a Chief Financial Officer for both Vestin Fund I and Vestin Fund II.Mr. Bradford was also the Corporate Secretary of Vestin Group from 1999 to 2000.Since 1992, Mr. Bradford has been a partner in L.L. Bradford , Company, Las Vegas, Nevada, a certified public accounting firm that he founded.

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