Few real
estate development and management companies can boast continuous growth and profitability
since 1981. Michael Stevens Interests, Inc. and its affiliates have
accomplished this feat by orienting our company and its 175 employees towards quality,
excellence and integrity.
Our corporate goals are to own and operate our own real estate,
operate for others who share our philosophy, and maintain a leadership position in real
estate management information systems and technology. This corporate focus,
combined with our extensive acquisition, development, management and construction
experience enables us to maximize the return on equity for each of our partners and
clients. Our record of success gives us, and in turn our partners, access to
substantial financial leverage at favorable interest rates, further increasing the rates
of return on our mutual investments.
Going forward in the new millennium, we will maintain our focus as we
continue to conservatively acquire and develop apartments and commercial projects that
meet our stringent investment criteria. We hope to have the opportunity to
share our continued success with each of you and thank you for the support and confidence
you have shown us in the past. |