MWE Houston Property, LP Acquired land and developed a 206-room Marriott full-service hotel in Houston, Texas. This acquisition is part of a nine property portfolio of hotels developed by Western International. The property was under a pre-sale contract with Apple to purchase the asset in 2010. Based on the proceeds received to date the Fund’s cash gain is $4.9 million, the internal rate of return is 28.6%, and the multiple is 1.6x.