M Private Residences Announces New Vacation Property In Barbados

Date: November 2, 2006

Paradise Awaits in the Heart of the Caribbean

M Private Residences (MPR), a firm that provides shared ownership and usage of luxury vacation homes around the world, today announced its property at the Crane Resort in Barbados. The Crane Resort spans half a mile along the world-famous Crane Beach and is protected by a natural coral reef.

M Private Residences chose this property as The Crane Beach is one of the best swimming areas on the island of Barbados and was named "one of the Ten Best Beaches in the World" by Lifestyles of the Rich and Famous because of its natural, striking beauty. The Crane Hotel was built in 1887 and fully restored and expanded in the 20th century. It is a truly unique property combining elegance, old-world charm and incredible beauty.

“Barbados is one of the most spectacular and hospitable Eastern Caribbean islands, with a culture that combines relaxed Caribbean lifestyle with the sophistication of British ancestry,” said Jim Hilsenteger, President and CEO of M Private Residences. “The weather is gorgeous and the beach is perfect for snorkeling, diving or watching the sunset. Our Members won’t want to leave.”

MPR’s Barbados property is a 2200 square foot condo with 2 bedrooms and 2.5 bathrooms. It has large open windows looking out over the Atlantic Ocean and features a private plunge pool. The resort community offers a pool, hot tub and beach access for diving, swimming, snorkeling and sun-bathing. The Crane Resort is located 20 minutes from the airport and 30 minutes from Bridgetown, the capital of Barbados.

M will begin to accept bookings November 2nd for dates starting November 18th, 2006.

About M Private Residences Inc.
M Private Residences Inc. provides Members ownership in a portfolio of luxury vacation homes around the world. M’s Members benefit from owning equity across all properties and the freedom to use any property as a vacation destination. Members also benefit from the reduced hassle and cost that is often associated with full ownership. M’s destination properties are located in places such as Kelowna, Victoria, Hawaii, Phoenix, New York, London, France, and Mexico. For more information on M Private Residences, please visit www.mprivateresidences.com.