Hanover Opportunities Fund
We have $125M for cash purchases of land & underutilized commercial properties.
Hanover Co. will raze and re-develop these assets as multifamily or industrial projects.
Acquisition Criteria
LOCATION
Within Hanover's existing market footprint.
PROPERTY TYPE
Land tracts or existing structures viable for demolition for 250+ unit multifamily or industrial projects.
HOF can also buy loans secured by properties Hanover would like to develop.
DEAL SIZE
$3M–$20M+.
Target Markets
RESIDENTIAL MARKETS
Atlanta, Austin, Baltimore, Boston, Charlotte, Dallas, Denver, Houston, Los Angeles, Orlando, Philadelphia, Phoenix, Raleigh, San Diego, San Francisco, Seattle, South Florida, Tampa, and Washington D.C.
INDUSTRIAL MARKETS
California, Delaware, Georgia, Maryland, New Jersey, North Carolina, Pennsylvania, Texas, and Virginia
