134 W 93rd St
New York, New York

53 Units Purchased: June 1993 | Purchase price = $1,921,282 | Sold: February 2006 | Sales price = $17,100,000
Levered IRR: 42.6% | Levered Equity multiple: 4.74

Purchased and operated as rental apartments, 134 West 93rd Street was positioned to be sold to a condominium developer. This plan was effectuated in February of 2006.

105-107 St Marks Street
New York, New York

48 Units Purchased: May 1993 | Purchase price = $1,624,937 | Sold: January 2006 | Sales price = $11,000,000
Levered IRR: 36.9 % | Levered Equity multiple: 9.48

Purchased and operated as rental apartments, 105-107 St Marks Street was positioned to be sold to a condominium developer. This plan was effectuated in January of 2006.

1256 N. Flores
West Hollywood, California

13 Units Purchased: February 2002 | Purchase price = $1,570,000 | Sold: August 2004 | Sales price = $2,750,000
Levered IRR: 57.3 % | Levered Equity multiple: 2.36

Purchased in 2002 for $1,570,000, N. Flores was sold just 30 months after acquisition.

Sahara Executive Center
Las Vegas, Nevada

Located 2 miles east of the Las Vegas Strip, the 80,000 square-foot complex had experienced great loss of occupancy due to years of deferred maintenance. Valued at 2.5 million dollars when the project was taken on, M West was able, through careful capital investment and aggressive leasing, to sell the property for 7.5 million dollars only 30 months later.