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Old 11-12-2007, 09:47 PM   #1
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Default Business Edge article on M Private Residences

The finest days of your life . . . can begin with M Private Residences
Remarkable experiences - and years of fond family memories

By BE Ad Features -
05/04/2007 - Vol. 7, No. 9

Business Edge News Magazine - businessedge.ca - Ontario Edition - The finest days of your life . . . can begin with M Private Residences

You've reached a point in your life where you've achieved a certain standard of affluence, for all the right reasons. You've worked hard, maybe a little too hard. You've saved scrupulously and invested wisely. You've looking for truly remarkable experiences that will evoke years of fond family memories.

Will you choose to visit the family cabin? Or perhaps purchase a new spot for your family to create memories. Location is a key factor in the decision-making process. Maybe a house on the lake in Kelowna, or a condo overlooking the harbour in Victoria? Perhaps Palm Springs? Phoenix? Europe? Hawaii? Mexico? Or Barbados?

Or perhaps you'd prefer all of the above.

With M Private Residences, you can take your pick of any of these fabulous destinations and have numerous places where you and your family can begin reaping the rewards of a lifetime of disciplined effort.

"What you're buying is ownership in a number of high-quality luxurious vacation properties, to be used as second homes," says Ken MacLean, founder and co-Chief Executive Officer of M Private Residences.

MacLean describes the company as an equity-based "Destination Club," a concept becoming increasingly familiar amongst affluent vacation travelers. "Destination Clubs offer members the opportunity to purchase a membership which grants them access to a portfolio of gorgeous properties (ranging in value from $2 million to $3 million) around the world. Members in equity-based Destination Clubs, of which M Private Residences is the current leader, are able to participate in the appreciable equity of the portfolio of homes owned by the club, while still enjoying the freedom to use any of the properties as a recreational destination.

Please note that these are no ordinary vacation destinations. These are world-class residences geared to every conceivable vacation taste. Perhaps you're an urbanite whose idea of a great time is to plunk yourself down in the middle of one of the world's great cities. A luxury condo in the heart of Manhattan might be just your speed. Or maybe you're looking for a relaxing golf or shopping getaway in the desert.

In this case, perhaps you'd like to travel to one of M's elegant homes in Arizona. It's your call.

But there's no need to take our word for it. Take the time to access the M Private Residences website (M PRIVATE RESIDENCES' target='_new'>M PRIVATE RESIDENCES) and read any number of heart-felt member testimonials.

As you'll learn, each luxury vacation home is loaded with amenities. You'll find kayaks in the garage at Oahu and bicycles at Gold Canyon, Arizona.

Naturally, each home is also equipped with a top-of-the-line computer and high-speed Internet service, enabling you to keep up with hometown developments while you're away.

In addition, M removes the hassles and headaches that come with purchasing multiple homes on your own. You'll never have to think about maintenance, repairs or upkeep as this is all taken care of for you.

"We're selling you the option of making full use of high-end second homes around the world, so you never have to feel the obligation to return to the same vacation destination," MacLean enthuses.

All you need to do is confirm your booking. That's when the M Experience team swings into action, arranging everything to your specifications and setting up local destination concierge assistance. That means when you start your vacation, you don't have to sweat the details.

You've got plenty of time to do what you came for: Relax and create vacation memories with your family.

Here's how it works. When members purchase a share in M Private Residences, they receive an undivided interest in the entire portfolio of properties.

"You're building equity, even while you take advantage of almost unlimited opportunities to enjoy these stunning vacation homes," adds MacLean. We're talking about a secured share in a solid portfolio of homes, for which there are two different types of share options available to purchase ($465,000 or $260,000, with different use rights for each). "And for every six shares we sell, we add another luxury home to our portfolio, thereby boosting your equity."

When you stop to consider it, this is the ultimate real estate experience. You enjoy all the pride and benefits of ownership but with none of the hassles. Besides, it's comforting to know you're dealing with a first-class team with a proven track record of excellence and performance.

Existing Members have already discovered that M Private Residences places a premium on absolute transparency, with audited financials and complete visibility at management and board levels. Many prominent Members have already taken their place on the M board.

"These are people who are very well regarded across the country," says MacLean. "Their presence on our board underscores our commitment to superb governance."

Destination Clubs are well on their way to becoming the new era of how to spend your well-earned leisure time and we encourage you to start creating a vacation tradition that you and your family will cherish forever.
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