Since 1991, MWest has had a track record of success. The following are our most recent accomplishments:

Newberry Lofts

Newberry Lofts

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Newberry Lofts

Los Angeles, CA

45 Units Purchased: March 2012
Purchase Price: $9,100,000
Sold: August 2015
Sales Price: $17,425,000
Levered IRR: 35.94%
Levered Equity Multiple: 2.09

Upon acquisition MWest Holdings immediately began renovations of the extra-large lofts, adding high-end kitchens and bathrooms consistent with Class A condos in the submarket.

31 Eleven

31 Eleven

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31 Eleven

Santa Monica, CA

60 Units Purchased: July 2012
Purchase Price: $16,465,000
Sold: August 2014
Sale Price: $26,500,000
Levered IRR: 41%
Levered Equity Multiple: 2

Extensive improvements to both exterior and unit interiors made possible a profit of 2X in just over two years.

Keswick Court Apartments

Keswick Court Apartments

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Keswick Court Apartments

Culver City, CA

60 Units Purchased: May 2011
Purchase Price: $11,150,000
Sold: April 2014
Sale Price: $14,940,000
Levered IRR: 22%
Levered Equity Multiple: 2

Extensive renovation to the exterior, units, and structural/mechanical systems resulted in a profit of 2X in three years.

105-107 St. Mark's Place

105-107 St. Mark's Place

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105-107 St. Mark's Place

New York, NY

48 Units Purchased: May 1993
Purchase Price: $1,624,937
Sold: January 2006
Sale Price: $11,000,000
Levered IRR: 37%
Levered Equity Multiple: 9

Purchased and operated as rental apartments, 105–107 St. Mark’s Place was sold to a condominium developer in January 2006, realizing a profit of 9X.

1256 North Flores Street

1256 North Flores Street

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1256 North Flores Street

West Hollywood, CA

13 Units Purchased: February 2002
Purchase Price: $1,570,000
Sold: August 2004
Sale Price: $2,750,000
Levered IRR: 57%
Levered Equity Multiple: 2

North Flores was sold just 30 months after acquisition, realizing a profit of 2X.

Hidden Pond at Old Westbury

Hidden Pond at Old Westbury

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Hidden Pond at Old Westbury

Old Westbury, NY

Hidden Pond was formally a private horse-riding camp owned by the Entenmann family of cookie-and-cake fame. We developed this property into 16 estate lots ranging in size from 2 to 6.5 acres. Lots were 100% sold in 2014.

The beauty of the land was preserved, while creating simple, easy-to-build lots for those who wanted to see their own vision realized in a wooded, gated community an easy drive from Manhattan. Special attention was paid to the preservation of the natural environment; the sheer number of specimen trees on the grounds required great care and an expert hand.

9099 Westheimer Road

9099 Westheimer Road

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9099 Westheimer Road

Houston, TX

Purchased in 2005, redevelopment of this Houston office building was slowed by the recession, but following asbestos abatement and demolition of the old office building, we created a new retail center on the site.

Sold in 2014, 9099 Westheimer is 100% occupied, including a newly signed 10-year lease for the largest space in the center (12,830 square feet) to a group of local investors looking for new stabilized assets.

If you are an accredited investor, we would be interested in hearing from you. Please contact us.