Our Strategies

Investment Size

Typical investments range below $125 million in project capitalization, often falling below the institutional radar

Product Type

Multi-Family and Net Lease Properties, both development and value-add acquisition

Target Markets

Multi-Family investments focus on infill urban markets on the West Coast. Net Lease investments have a national scope.

Investment Programs
  FILTER BY TYPE:

Asset Categories Retail, Restaurant, Medical, Government, and Commercial
Asset Categories Development of freestanding build-to-suit pads
and multi-tenant buildings with minimal in-line space
Markets Nationwide
Total Capitalization $2 million to $30 million
Hanover Capital Contribution $500 thousand to $10 million
Asset Categories Retail, Restaurant, Medical, Government, and Commercial
Asset Categories Development of freestanding build-to-suit pads
and multi-tenant buildings with minimal in-line space
Markets Nationwide
Total Capitalization $2 million to $30 million
Hanover Capital Contribution
  • Pre-development: Fund pre-development business plan;
  • GP Co-Invest: Provide required co-invest, up to 100% of project equity contribution; and,
  • Balance Sheet: Credit enhance the project at capitalization and sign required repayment guarantees.
Apartment Types Development and Value-Add Acquisition
Markets Urban Infill California/Seattle, Washington
(Metro Los Angeles, Coastal Orange County, Metro San Diego, San Francisco Bay Area, Metro Seattle)
Total Capitalization $5 million to $75 million
Hanover Capital Contribution $2 million to $20 million
Apartment Types Development and Value-Add Acquisition
Markets Urban Infill California/Seattle, Washington
(Metro Los Angeles, Coastal Orange County, Metro San Diego, San Francisco Bay Area, Metro Seattle)
Total Capitalization $25 million to $125 million
Hanover Capital Contribution
  • Pre-development: Fund pre-development business plan;
  • GP Co-Invest: Provide required co-invest, targeting 5-15% of project equity contribution; and,
  • Balance Sheet: Credit enhance the project at capitalization and sign required repayment guarantees.