About Hanover Companies
Hanover Companies, LLC is a leading resource for real estate investors, residential property buyers, and property sales in the Gulf Opportunity Zone. The Gulf Opportunity Zone consists of the regions affected by the hurricanes Katrina, Rita, and Wilma. In order to help revitalize the area, in 2005, the United States Congress passed the “Gulf Opportunity Zone Act” and began offering real estate investors who purchased property there one of the largest real estate tax incentives in the history of the United States. In an effort to revitalize and stabilize the Go Zone region, the United States Congress grants eligible real estate buyers a 50 percent bonus depreciation incentive upon the purchase of a Gulf Opportunity Zone property.
Hanover Companies jumped at the opportunity to get involved in the GO Zone, and four years later, grew to become one of the largest Gulf Opportunity Zone property sellers in the region. By channeling over 40 years of real estate experience throughout the industry, the members of Hanover Companies are here to assist real estate investors throughout the transaction process. Hanover Companies, LLC currently has offices in Chicago, Illinois, and Delray Beach, Florida. For more information on Hanover Companies’ Gulf Opportunity Zone properties, visit www.hanovercompanies.com.