A New Strategic Partnership for Cloverleaf and Its Investors
We are pleased to announce that Cloverleaf — working together with our friends at North Grove Real Estate Capital — will be offering our investors additional opportunities to augment our core Cloverleaf investments. In addition to Cloverleaf’s more standard opportunities — particularly as it has become increasingly challenging to locate a sufficient number of good ones — this partnership aims to provide investors access to a more diverse slate of assets, but filtered through the same cautious approach that has been central to Cloverleaf investing for over 42 years.
Cloverleaf and North Grove will leverage our combined relationships, expertise and decades of experience to curate opportunities to partner exclusively with best-in-class sponsors. Specifically, we will seek to work only with trusted partners on investments that exist below the institutional radar and would typically not be available to individuals. These investments, which will include assorted real estate asset classes, may take various forms — from joint venture or general partner equity to recapitalizations.
As always, the owners of Cloverleaf will invest significantly alongside our investors.
North Grove’s founders/partners, Michael Crandall and Dustin Cahan, are longtime friends (both personally and professionally) of Jonathan Basofin’s. They are commercial estate veterans who have enjoyed significant success on behalf of their investors. Please visit North Grove’s website to learn more about their philosophy and portfolio.
As noted above, these opportunities will be in addition to Cloverleaf’s more standard offerings and are aimed at providing our investors with access to more diversity. While the look and feel of the offerings may be different from our standard Cloverleaf deals, our conservative approach to vetting them will be the same.
If you would like more information, please contact Jonathan Basofin at jeb@cleafgroup.com or 847-272-3300.