Get educated and empower your tax dollars! Don\'t give them away

1. HANOVER COMPANIES GO ZONE REAL ESTATE INVESTING

2. Notice Investment goals and tax liabilities differ for everyone. We make no representation as to an individual’s eligibility to receive GO Zone benefits and/or incentives. You must consult a tax professional to ensure your eligibility for GO Zone bonus tax deductions or other incentives. All information contained herein is deemed reliable but it is not guaranteed. The information is subject to errors, omissions, prior sale, changes and withdrawals without notice.

3. AGENDA Overview Of Hanover GO Zone Market Presentation of Opportunity Questions & Answers

5. The largest direct seller of GO Zone real estate in the country.

6. Our Members have over 40 years of experience as real estate investors, fund advisors, property managers and developers.

7. Our members have successfully converted over 11,000 multi-family residential apartments to condominium ownership.

9. Obama Extends Go Zone! On December 17th 2010 President Obama signed the tax extension bill which extended GO Zone. “Tax Relief, Unemployment Insurance Re-authorization, and Job Creation Act” Section 765.

10. The Experts Are Hot OnThe Mississippi Go Zone “Today, when it comes to housing markets, the Biloxi-Gulfport metro area is the jewel of the bayou.” “one of the top 10 fastest growing small metro areas” On Biloxi/Gulfport “Biggest home price increase projected in 2014: Gulfport-Biloxi metro area” Gulfport / Biloxi Ranked #1 Risk Adjusted Market by Moody’s.

11. Why Is Gulfport –Biloxi Booming? The Go Zone lost 65,000 homes and11,000 short-term rental options in ONE DAY! Most United States housing markets have a surplus of housing. In the Go Zone, demand is expected to vastly exceed the supply for the next 5 to 7 years.

12. Bloomberg Article

13. GAMING New law enacted after Hurricane Katrina allows casinos to be LAND BASED and up to 800 feet from the mean high tide water mark Gulfport-Biloxi is currently the No. 2 gaming center in the nation and its growing at record numbers. More gaming visitors than Atlantic City, and is redefining itself a regional destination for travelers looking for multiple casino-resort offerings. Two casino’s just passed site approval and are set start construction in 2011: Can-Can Casino & Jimmy Buffet’s Margaritville on Biloxi’s Back Bay.

15. Hard Rock Hotel & Casino

16. IP Casino Resort & Spa

17. Boomtown Casino

18. Island View

20. Hollywood Casino

21. Silver Slipper

22. Biloxi Grand

25. Will create 6,500 direct, 8,400 induced and 1,700 indirect jobs with a $10 billion annual payroll with an overall economic impact that extends into the tens of billions.

26. This economic driver is only poised to grow. The Panama Canal is currently undergoing an ambitious project to greatly widen it. The super-canal will be completed in 2014.

28. Keesler Air force Base& Medical Center Keesler currently employs 11,200 people, including nearly 7,600 military positions. In addition, the base's presence created more than 3,500 local and contract jobs. As one of the Air Force's major training centers, on any given day more than 3,500 students train at Kessler in more than 460 courses in technical subjects such as communication-electronics, medical, personnel, airfield management, weather forecasting and air traffic control. Keesler Medical Center, is the second largest Air Force medical center in the United States.

29. Sun Herald Article

30. Aerospace &Defense Industry Aerospace and defense industry jobs abound and are continually expanding in the Gulfport market area. While the national job market is struggling, the Gulfport market is already stabilizing and growing. The area is now home to major aerospace players like Lockheed Martin, Pratt & Whitney, Northrop Grumman, Rolls Royce among others. The aerospace infrastructure also includes federal and university funded research units, aerospace parks, military aviation bases, technology transfer offices and test ranges. The numerous military bases in the area employ tens of thousands of people and produce good tenants who need rental housing.

32. Aviation Technology Park

33. Sunplex Light Industrial Park

34. General Aviation Industrial Park

35. Stennis International Airport

36. Mississippi Ammunition Plant Complex

39. Post Katrina $51 million dollar airport expansion adding a total of 9 airlines.

40. New FAA Federal Air Tower Opened September 2010.

42. HANOVER’S CORPORATE LEASING PROGRAM After purchasing your property, you can lease it (buyers option) to Hanover as your corporate tenant for up to 24 full months. During the lease term, the rent you receive for your unit will exceed: Your monthly principal and interest payments Your monthly homeowner association fees Your monthly real estate tax payments Your corporate tenant also pays: Utilities (electricity, gas, water and sewer) Maintenance and repairs Appliance replacement (if necessary)

43. GO ZoneBonusDepreciationExample ***All items shown on this page are for illustration purposes only. No amount is meant to be specific to any individual buyer and every buyer should consult their own accountant and tax advisor as to whether Go Zone bonus depreciation is appropriate for their individual needs and whether they (as buyers) are specifically qualified as defined within the current federal tax rules and regulations. This slide is for discussion purposes only and is not intended to represent any incentives or benefits to be received by an individualbuyer from the purchase of a Hanover property.***

44. QualifyingGO Zone Buyer Scenario Buyer has AGI of 150,000 tax federal rate of 35% Buyer owes IRS $52,500 Buyer purchases $250K GO Zone Property from Hanover Buyer gets a $116,591 write off in YEAR ONE Buyer’s new AGI is $33,409, taxable liability is now 20%· Buyer now owes IRS $6,682 OVER $45,000 in tax dollars that the buyer gets to preserve and create long term wealth and cash flow Remember, you’re going to write a check, either to the IRS or by purchasing GO Zone from Hanover with the potential of saving thousands! *** This slide is for discussion purposes only and is not intended to represent any incentives or benefits from the purchase of a Hanover property.***

45. Some Thingsto consider... Did you do a ROTH Conversion in 2010? 2011?· This works for W2 and 1099’d* How much have you paid in taxes the last 5 years? Using your 401k to loan yourself down payment Hanover has owner financing on select properties!

46. Why Buy With Hanover In The Go Zone? One of the Nation’s #1 emerging markets Depreciation + Appreciation + Cash Flow + Timing ALL Hanover’s Properties are located within the GO Zone and are qualified for Tax Incentives. You’re going to write a check, do you want to write it to the IRS or would you like an appreciate asset? 5. Hanover’s Corporate Total Leasing Program

47. The Village The Village is located in a upscale bedroom community, Ocean Springs, the demand for housing in this area is high. The development is located right down the street from the new Ocean Springs High School which is set to open in 2011. Ocean Springs has some of the top rated schools in the state. The development is a couple miles off of highway 90 which is located to all the shopping corridors and employment centers [Northrup Grumman and Chevron]. These are stick build homes with finishes found in custom homes, 4 brick sided with finishing touches all around, crown molding, granite, custom ceilings. Special Circumstances: GO Zone Eligible Location: A+ City: Ocean Springs State: Mississippi Type: Single Family Homes Stories: 1 Bedrooms: 3-4 Bath: 2-3 Home Size: 1500-1900 sq feet

48. South Breeze South Breeze is located in a upscale bedroom community, Ocean Springs, the demand for this type housing in this area is high. The development is a brand new with streets, water and sewer finished at the end of 2010. We currently have 2 high end model style homes underway. The development will feature all features of any upscale development. The lots are set up with garages facing an alley way for a very clean neighborhood feel. These are custom stick build homes with finishes found in custom homes, 4 brick sided with finishing touches all around, crown molding, granite, custom ceilings, walk in closets, etc. Property Name: South Breeze Special Circumstances: GO Zone Eligible Location: A+ City: Ocean Springs State: Mississippi Type: Single Family Homes Stories: 1-2 Bedrooms: 3-4 Bath: 2-3 Home Size: 1400-2200 sq feet

49. Orleans place Orleans Place is located in a upscale bedroom community, Ocean Springs, the demand for this type housing in this area is high. This development is perfect for any investor looking for a great return on investment. Located just off of Washington Avenue with a vast amount of employers, easy access to Interstate 10. The development has all the features including, pool, grounds management and security on site, balconies, with a true New Orleans style feel. The properties are stick build with close attention to all finishes, units include 2 car parking in front Property Name: Orleans Place Special Circumstances: GO Zone Eligible Location: A+ City: Ocean Springs State: Mississippi Type: Duplexes Stories: 2 Bedrooms: 3 Bath: 2 Home Size: 1400 per side, 2800 total

50. Adam’s Road Adams Road is located in the one of the hottest towns in Gulfport – Biloxi Metro, D’iberville. D’iberville is located just North of Biloxi off the I-110 bridge. D’iberville has been going through an economic boom since 2005. This particular development is located just around the bend from the new Promenade Shopping Center with all of the big box stores we have all come accustom to having. 2 new casino’s are approved slated to begin construction in D’iberville this year. The units have a nice open floor plan with 2 beds, 2 baths, tile floors for easy maintenance. Easy access to parks, shopping, employers and Interstate 10. Property Name: Adam’s Road Special Circumstances: GO Zone Eligible Location: A+ City: D’iberville State: Mississippi Type: Four Unit Stories: 2 Bedrooms: 2 Bath: 2 Home Size: 1000 per door, 4,000 total

51. Gulf haven Gulf Haven is located in a upscale tucked away area of Gulfport, the possibility of finding rental housing in this area before was low but demand for it is high. About an 8 min drive from the Interstate 10 and Hwy 49 Corridor. We currently have high end model style homes underway. The development is flanked by upscale horse and cattle ranch estates. These are custom stick build homes with finishes found in custom homes, 4 brick sided with finishing touches all around, crown molding, granite, custom ceilings, walk in closets, etc. Property Name: Gulf Haven Special Circumstances: GO Zone Eligible Location: A+ City: Gulfport State: Mississippi Type: Single Family Homes Stories: 1-2 Bedrooms: 3-4 Bath: 2-3 Home Size: 1300-2200 sq feet

52. Meadows of Gulfport The Meadows is a Family Community designed for convenience, comfort and safety. Located off of Highway 49 close to all local attractions, schools, restaurants and fast growing employment centers. Right across the street from Gulfport Sports Complex. Located between Navy CB Base and Keesler Air Force Base. Units include central air conditioning, heating and appliances with indoor, in unit laundry. Property Name: Meadows of Gulfport Special Circumstances: GO Zone Eligible Location: A+ City: Gulfport State: Mississippi Type: Duplex Stories: 2 Bedrooms: 3 Bath: 2 Unit Size: 2400 per building [1200 per 3 bed, 2 bath individual living level]

53. May’s Place May’s Place is located in a booming area of Gulfport with well known family neighborhoods surrounding the development. Close to elementary and middle schools, a couple miles from Hwy 49 filled with new commercial development, restaurants and shopping. About a 10 minute drive to fantastic Gulfport Outlet Shopping Center. These are stick build homes with finishes found in custom homes, 4 brick sided with finishing touches all around, crown molding, granite, custom ceilings Property Name: May’s Place Special Circumstances: GO Zone Eligible Location: A+ location City: Gulfport State: Mississippi Type: Single Family Homes Stories: 1 Bedrooms: 3-4 Bath: 2-3 Home Size: 1200-1900 sq feet

54. Mill Landing Mill Landing is a gorgeous waterfront townhome development located on beautiful upscale Bayou View. Each townhome comes with its own deeded boat slip. These are custom crafted townhomes with finishes you would find in the multi million dollar homes surrounding the development. 2 car large garages, down stairs porch, upstairs balcony off the great room. Elevator shaft included, either add the elevator or use the extra storage, great possibility for exit to baby boomer or snow birds. Professionally designed and decorated. Perfect for vacation rental or annual corporate tenant. Property Name: Mill Landing Special Circumstances: GO Zone Eligible Location: A+ City: Gulfport State: Mississippi Type: Townhomes Stories: 3 Bedrooms: 2 Bath: 3 Home Size: 1,400

55. Old Town Gardens Old Town Gardens is located heart of gorgeous Long Beach.. Old Town gives you the most for you value with a gorgeous pond right in the development for the pure joy of that relaxing down South living. Just a short drive from Downtown Gulfport, Casinos and the Navy CB Base and Keesler Air Force Base, award winning schools and USM Gulf Coast Campus. Old Town is close to the beach, fishing piers, boat launch an absolute renters paradise perfect for small to midsize families. The homes feature upgraded appliances, front porches, garages and fantastic finishes not found in homes, especially new construction at this price point. Special Circumstances: GO Zone Eligible Location: A+ City: Long Beach State: Mississippi Type: Single Family Homes Stories: 1 Bedrooms: 3 Bath: 2 Home Size: 1100-1200 sq feet

56. Sheildsboro Sheildsboro is a charming new subdivision in upscale Bay St Louis. The neighborhood is steps to the beach and has a family feel with sidewalks all around. Located just down the street from Old Town, Bay St Louis with shopping and restaurants. Family center, clubhouse and pool set to open early 2011. Homes come with porches, 10 foot ceilings, wood floors, crown molding, stainless appliances, one even has an entire in law apartment that could be rented for extra income! Property Name: Sheildsboro Special Circumstances: GO Zone Eligible Location: A+ City: Bay St Louis State: Mississippi Type: Single Family Homes Stories:1- 2 Bedrooms: 3-5 Bath: 3-4 Home Size: 1,400-2,500

57. Carre Court Carre Court Town homes are located blocks from the beautiful beach and boat launch at the mouth of the St Louis Bay. The development includes a private pool, cabana and grilling patio. You’ll love the quiet secluded area of Bay St Louis, just a couple blocks from Old Town as well with restaurants and shopping. Amazing finishes throughout, 10 foot ceilings, crown molding, tile floors and highly energy efficient design. Makes for a great portfolio of GO Zone properties. Property Name: Carre Court Townhomes Special Circumstances: GO Zone Eligible Location: A+ City: Bay St Louis State: Mississippi Type: Townhome Stories: 2 Bedrooms: 3 Bath: 3 Home Size: 1,500

58. Oak Shores Oak Shores is a fantastic development located a few hundred feet from the white sand beaches on the Gulf of Mexico. The property is located within minutes from Keesler Air Force Base, Casinos and tons of local shopping and restaurants. This property goes with the old tag line, location, location, location! We have one and two story two bedrooms available. The property includes 2 resort style pools, fitness center and on site park. The finishes are immaculate with granite counter tops, tile floors and stackable washer and dryer included. We have the ability to provide owner financing on a few units in this fabulous GO Zone project. Perfect for vacation rental or military personal in the private-public partnership program. Property Name: Oak Shores Special Circumstances: GO Zone Eligible, Owner Financing Available Location: A+ City: Biloxi State: Mississippi Type: condos/2 story townhome style Stories: 1-2 Bedrooms: 1-2 Bath: 1-2 Home Size: 600-1,000

59. CONTACT US TODAY Preston M. Despenas, Partner HANOVER COMPANIES PHONE: 1(773) 305-1266 WEBSITE: www.HanoverCompanies.com EMAIL: pd@hanovercompanies.com