Michael M. Sachs

April 12, 2019

It is with sadness that we announce the passing of our founder Michael M. Sachs, on April 11, 2019.  The Westrec team, and the marina industry will miss him!

Michael M. Sachs passed away peacefully at his home on April 11, 2019, days shy of his 78th birthday. Michael was always admired for his energy, determination, sharp mind and business acumen. A graduate of the University of Illinois (B.S., Accounting, 1962) and Stanford University Law School (J.D., 1965), he was also a Certified Public Accountant in Illinois (the youngest ever at the time) and California.

Michael practiced law at Kindel and Anderson, became a Partner at Agnew, Miller and Carlson, and then formed his own firm, Sachs and Phelps in 1982. Michael served as Executive Vice President and General Counsel of Public Storage, Inc., from 1982 to 1990, where he helped to raise over $3 billion in equity capital. In 1987, he conceived the idea of storing boats in the same manner as people’s personal goods, and with that stroke of genius, formed Westrec Financial Inc. Michael was the principal architect behind the formation, development and capitalization of Westrec Marinas, which has been successful for over 30 years. Michael served on the Board of Directors of many public and private companies during his career, and was frequently sought out by acquaintances for advice on startup companies. He was always generous with his time
and advice.

Michael is survived by his wife of over 30 years, Maureen, his sister Rosanne Ezer (Steve Ezer), nieces Debbie Ezer and Melissa Martin (Paul Martin) and grand nephews Bradley and Derek Martin.

News arrow
10/25Yacht Haven Park and Marina $26 Million Two Phase Renovation Plan
11/18Hall of Fame Marina thanks hardworking health care community
6/19Hall of Fame Marina Salutes Dive4Vets during National Marina Days
In a telephone survey conducted by HarGroup Replica Watches Management Hublot Classic Fusion Replica UK Consultants of 387 residents, more than 40 per cent (115 people) said they would be very likely to Replica Watches use this service. Market of potential Rolex watches customers recording over 1.8 million users and over $10 million in its last fiscal year.. PRESIDENT COMMENTS ON JP MORGAN CHASE(AP) President Barack Obama says JPMorgan Chase big loss of $2 billion in highrisk trading demonstrates the need for rules that Congress passed two years ago. Krishan Agarwal starter has recently appeared 604th in online retailers Replica Watches list by a leading internet magazine Replica Watches.