Our reputation is very important to us. We work on that reputation by constantly delivering on our promises and passionately
improving everything we do. How do you get a feel for our reputation? We think it is by hearing the words of some people who
have done business with us. And, of course, we have the detail to back up what everyone is saying. If you would like more
detailed, confidential information, just click the button below.

Penn Waste, Inc.

Scott Wagner
President I am pleased to recommend to any potential investor Springwood Development. Springwood’s Homewood Suites by Hilton,
located in York, PA opened in December of 2008, a few months after the great recession began. This hotel since opening
has consistently dominated the local hotel market. Springwood has made issued distribution checks from project cash
flow every year, starting in the very first year of operations. I am an investor in several other hotels. Springwood’s
culture, professionalism, and investor-first mentality demonstrate a dramatic and refreshing difference from my other
hotel investment experience.

Fulton Financial Corporation

Jeff Peeling
Senior Vice President - Finance
Fulton is investing more than $5 million in its first Springwood project, which has just opened for occupancy. Even
before construction started, Springwood negotiated with the project’s lenders and found a way to defer Fulton’s equity
infusions six months beyond the dates required under the partnership agreement. Assuming all other aspects of the project
proceed as projected, this decisive action, on our behalf, will significantly improve our IRR. Springwood cares about
its investor’s financial return, and we are very pleased with the relationship to date.