Paladin Estates is a luxury home development project in Chester Township, NJ consisting of 11 homes on large lots. Hall Road LLC owns the property and has obtained approvals and completed infrastructure work. The first two homes are under construction and will be used as models. The project aims to sell 2-3 homes per year. The document provides financial projections showing the project will generate a total profit of $4 million and internal rate of return of 23.62% for investors, who will receive preferred returns of 8% annually along with profit distributions.

1. Hall Road, LLC
Executive Summary
NOT AN OFFERING PROSPECTUS
PLEASE REFER TO PRIVATE PLACEMENT MEMORANDUM
FOR ADDITIONAL INFORMATION AND DISCLOSURES
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2. Company Overview
 Paladin Estates is a fully-approved subdivision in scenic and
historic Chester Township in Morris County, N.J.
 The property is a prime parcel, divided from the country
estate of Henry Luce II, founder of Time and Fortune.
 The site is one of the last sites remaining for development
in the area; which is protected under the it The Highlands
Preservation Act.
 The community will be built in two phases. The first
phase features 11 high-end homes on 2+acre building
sites.
 The Company has completed all approvals, sitework, and
infrastructure, and is currently constructing the first two
homes.
 Homes will be built to the highest standards of luxury,
quality and Green Building (LE.E.D. Certification).
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3. Historic Estate Property
The property is divided from the grounds of an historic country estate.
The surrounding area is high-end residential. The site has
grandfathered approvals in the Highlands Preservation area.
Historic Estate Property
Unspoiled Natural Beauty
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4. Showcase Residences
Each residence will be a custom creation. The first two residences are
being built “on spec” and will be used as a showcase and sales office.
In addition to selling the first two homes, buyers will be able to select
their lot and place deposits on the land, contracting with Paladin
Homes to build the final residence.
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5. Construction Progress
There is substantial progress on the construction of the first two
residences, which are now being offered for sale during Spring 2011.
French Manor
Georgian
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6. The Locale
Morris County is the 7th most affluent county in the U.S., according to Forbes. Neighboring
Somerset County (3 miles from the project location) is the 6th most affluent county in the U.S.
-- by per capita income.
The region, known as the “Somerset Hills” combines natural beauty and pleasant suburban
living with proximity to metropolitan surroundings. Much of its beauty has been protected
and preserved: The 13,000-acre county park system is noted for its recreational facilities which
includes outdoor education centers, a marina, golf courses, a riding stable, indoor ice skating
arena, cultural center, arboretums, and numerous types of hiking,
The area work force exceeds 240,000. More than 50,000 are employed within the county at
world headquarters and numerous research centers, and laboratories. The Morris County
Chamber of Commerce reports there are 1,139 non-retail employers in the county with 10 or
more employees.
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7. Chester Township
An Historic Gem in New Jersey “Fox Hunt” Country
Chester Township is located 35 miles west of NYC, midway between I-78 and I-80.
The county is well served by a network of major interstate, state, county and
municipal roadways(I-78, I-80, I-287, Rt. 24), as well as bus, train and airport service.
All of these factors, coupled with a high quality of life, have continued to attract many
major companies and residents to the region.
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8. High-End Positioning
While many custom builders rely on cost-saving
techniques to optimize margins, our business model
focuses on delivering the finest, most durable quality
available.
The homes at Paladin Estates will be best-in-class, built to
last generations and continue the legacy of the land:
 Design and construction will be custom and high-end
throughout the homes.
 Residences will be “green” -- built to Gold/Platinum
LEED certification standards.
 Homes are close to Hamilton Farm Golf and Riding
Club – a prestigious local club that has two premier golf
courses and is home to the U.S. Equestrian team.
 Home buyers will be in the district with the area’s best
schools, including Mendham High School (rated “10” by
bestschools.com)
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9. Project Team
 Hall Road, LLC – Hall Road, LLC brings substantial experience
and expertise in all phases of the development process from site
selection, project design, approvals, construction management,
and successful sales and marketing.
 Paladin Homes, Inc. – The general contractor, Paladin Homes,
Inc. is experienced in all aspects of the building process, with
demonstrated success and repeat customers.
 Max Parangi Architects -- Max Parangi is a gifted architect
with an astute business sensibility. Mr. Parangi is well recognized
for his residential designs and serves on several prestigious
planning boards. He holds a doctoral degree in architecture from
the University of Florence and is a Registered Architect in New
York, New Jersey, Connecticut and Massachussetts.
(www.maxparangi.com).
 CMX Engineering -- CMX is a national engineering and
consulting firm, with 23 office locations throughout New Jersey,
Arizona, Pennsylvania, New York, Maryland, Florida, Nevada
and Mexico. CMX is an award-winning company that gained
prominence because of its record of client service
(www.cmxengineering.com)
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10. Project Summary
Project Name: Paladin Estates
(www.PaladinEstates.com)
Owner: Hall Road, LLC.
Project Manager/
General Contactor: Paladin Homes, Inc
Property Location: Chester Township, New Jersey
Property Address: 1-16 Hall Road,
Chester Township, New Jersey:
Property Type: Fully approved subdivision, with all
infrastructure in place.
Current Status of Project: All approvals have been obtained;
Construction underway on first two
homes.
Marketing launch in 1st Quarter 2011.
Projected Absorption: 2-3 houses per year
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11. Projected Financials
Total Project
REVENUE
Home Closings-- Base Price $ 23,100,000
Lot Premiums $ 250,000
Options Income (Net) $ 2,200,000
TOTAL REVENUE $ 25,550,000
COSTS AND EXPENSES
Land Acquisition Costs $ 5,320,000
Land Carry and Predevelopment $ 878,000
Land Development, Infrastructure, Permits $ 440,000
Construction Costs $ 12,100,000
Common Area Costs $ 430,000
Overhead, Marketing and Sales Commissions $ 1,749,000
Contingency Reserve (@5%) $ 605,000
TOTAL COSTS $ 21,522,000
NET PROFIT $ 4,028,000

12. Investment Overview
Minimum Investment: $25,000
Investment Structure: Preferred Equity
Description of Shares: Class A Membership Units earn a preferred return of
8% annually (paid first from profits), plus profit sharing.
Time Commitment: Until project completion
Target Return: 13-17% (annualized)
Example for $100,000 investment
(based on projected financials, assuming investment on 4/1/11)
2011 2012 2013 2014 2015 Total
Purchase of Class A Units $ (100,000) $ - $ - $ - $ - $ (100,000)
Preferred Return (@8%) $ 6,000 $ 8,000 $ 8,000 $ 4,000 $ - $ 26,000
Return of Investment Contribution $ - $ - $ 50,000 $ 50,000 $ - $ 100,000
Profit Distribution $ - $ - $ 7,390 $ 10,100 $ 25,240 $ 42,730
Total Investor Cash Flow $ (94,000) $ 8,000 $ 65,390 $ 64,100 $ 25,240 $ 68,730
Cumulative Investor Cash Flow $ (94,000) $ (86,000) $ (20,610) $ 43,490 $ 68,730
Projected Results
(Investment on 4/1/11)
Beginning Balance $100,000
Ending Balance $168,730
Investment Gain 68.73%
Annualized Return (Sellout in 5 years) 13.75%
Annualized Return (Sellout in 4.5 years) 15.27%
Annualized Return (Sellout in 4 years) 17.18%
Internal Rate of Return 23.62%