Hanover's typical investment ranges from $500,000 to $5 million,but usually represents 80% to 100% of the total equity required tocapitalize the investment. The company was founded about a year agoand is supported by the financial backing of Marcus & MillichapCo. Companywide, Hanover intends to make roughly $100 million inannual investments.

Brian Ward is the Hanover director in charge of its Northwestoffice. Ward practiced as a real estate lawyer in Seattle prior toleading the Seattle office of Chicago-based Heller Real EstateFinance. He worked most recently for General Motors AcceptanceCorp. in Denver, before returning this month to open Hanover'slocal office.

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