Hanover Real Estate Partners manages and operates more than 40 real estate partnerships with original equity of $157 million. Since 2003, Hanover has sponsored 11 of its own funds which have achieved above market returns from the acquisition, restructuring, repositioning and refinancing or sale of real estate and debt. Hanover's investment strategy is to acquire controlling interests in mature syndicated real estate partnerships, TICs, privately held non-traded REITs and other illiquid off- market real estate. Hanover's principals identify acquisition targets through a broad network of relationships and contacts with real estate syndicators, tax-motivated corporate investors and high net worth individuals.

Hanover identifies entities with quality real estate that may be underutilized or in need of redevelopment, re-tenanting or refinancing. The firm places a strong emphasis on expense management and cost control in the day-to-day operation of its real estate assets, coupled with a program that ensures tenant retention and identifying new tenants through aggressive marketing and repositioning of properties. Hanover's hands-on approach ensures preservation of the underlying assets and optimization of value.

Hanover's unique acquisition strategy and operational expertise are combined to provide superior risk-return for its investors. This value-added process targets returns on a risk adjusted basis with a minimum 18% to 35% for most equity investments over an average holding period of three (3) to five (5) years as required to implement the firm's strategic initiatives.