926/Parallel Sale

54% return to investors in 16 months

On September 26, 2006 unit holders in 926/Parallel held a special meeting to consider an unsolicited offer on the properties. While the majority of Limited Partners voted to accept this offer, the required 75% vote was not achieved and as a result this offer was rejected.

On October 30, 2006 the Limited Partners gave consent for the General Partner to negotiate with this potential purchaser, and a higher sales price was agreed to, which was approved by the Limited Partners. As a result investors received a return of 54% in a period of 16 months.

An original investment of $50,000.00 grew to $77,107.31



Pierre Lueders- Canadian Olympic Bobsled Team- 1998 Gold Medalist & 2006 Silver Medalist