Item 8.01:  Other Events

Vestin Realty Mortgage II (the “Company”) sent a letter to its shareholders, regarding the suspension of dividends.  Attached to the letter, were the Company’s two latest press releases, issue on June 26, 2008 and July 2, 2008.  A copy of the letter to shareholders is furnished as Exhibit 99.1 to this report.
 
 


Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.
  
Description
 


 
 
 


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


   
VESTIN REALTY MORTGAGE II, INC.
     
 
By
Vestin Mortgage, Inc., its sole manager
     
     
Date:  July 14, 2008
By
/s/ Rocio Revollo
   
Rocio Revollo
   
Chief Financial Officer