The Cloverleaf Group has successfully purchased over 50 projects, the majority of which have been sold. Details indicating pre-tax and after-tax Internal Rates of Return (IRR)* as well as the duration of the project are below. Please note that this is for sold projects only, and prior performance is not an indicator of future results.
*Prior to the Tax Reform Act of 1986, real estate investments produced significant tax benefits, resulting in higher after-tax IRRs.
| Property | Pre Tax IRR | After Tax IRR* | Duration of Partnership (Yrs) | ||
|---|---|---|---|---|---|
| 1. | Model Home Deals | ||||
| A. | Mira Homes | 10.03% | 35% | 3.75 (11/82-7/86) | |
| B. | Sun Brisas | 11.83% | 29% | 4 (12/82-12/86) | |
| C. | MV Homes | 66.74% | 70% | .75 (4/83-1/84) | |
| D. | Palm Dale | 7.5% | 30% | 3 (4/84-4/87) | |
| E. | Warner Bay | 15% | 56% | 1.25 (10/85-12/86) | |
| F. | Heather Ridge | 12.99% | 45% | 1.75 (4/85-12/86) | |
| 2. | Gold Canyon | 0% | 10%+ | 2.75 (10/83-7/86) | |
| 3. | Southeast | 60.52% | 50%+ | 2.75 (7/82-3/85) | |
| 4. | 5005 Newport1 | 0% | 0% | 2.75 (11/85-8/88) | |
| 5. | Pine Court | 18.03% | 15% | 3.75 (9/86-5/90) | |
| 6. | Surburban Plaza | 17.91% | 28% | 6.25 (2/84-4/90) | |
| 7. | Village Plaza | 22% | 30% | 3 (1/85-12/87) | |
| 8. | Barrington | 15.85% | 11% | 5.50 (12/88-4/94) | |
| 9. | West Bend2 | 0% | 0% | 7.50 (10/86-4/94) | |
| 10. | Casas3 | 0% | 0% | 11 (11/84-1/95) | |
| 11. | Tin Cup Pass | 2.2% | 2.1% | 8.25 (5/87-6/95) | |
| 12. | Geneva Acres | 6% | 5% | 8 (3/88-2/96) | |
| 13. | Salem Square | 10% | 12% | 11.25 (6/85-8/96) | |
| 14. | Addison Industrial | 26.6% | 19.7% | 2.50 (7/94-12/96) | |
| 15. | Elk Grove Industrial4 | 0.28% | 0% | 7.25 (10/89-12/96) | |
| 16. | BV Properties | 17.01% | 15.88% | 1.75 (10/96-5/97) | |
| 17. | Entry Drive | 18.06% | 13.5% | 4.50 (4/93-9/97) | |
| 18. | Delany Road Apts | 4.4% | 4.1% | 7.50 (9/90-2/98) | |
| 19. | Streamwood | 0% | 0% | 9.50 (9/88-3/98) | |
| 20. | FPM | 22.6% | 17.6% | 6.25 (6/92-9/98) | |
| 21. | Lake Zurich Land | 6.45% | 5.34% | 8.75 (6/90-3/99) | |
| 22. | Mor-Com | (1.31%) | (.84%) | 11.75 (12/87-7/99) | |
| 23. | Northbrook | (.694%) | (.182%) | 11 (8/88-7/99) | |
| 24. | Richmond Land | 5.73% | 4.38% | 10 (12/89-10/99) | |
| 25. | Deer Park Land | 6.84% | 6.17% | 11 (9/89-9/00) | |
| 26. | Libertyville Land | 13% | 11% | 7.75 (2/93-10/00) | |
| 27. | HPS Limited Partnership | 26.15% | 21.65% | 3.75 (11/97-7/01) | |
| 28. | Auto-Tire Center, Ltd. | 4.52% | 4.17% | 15.25 (5/87-8/02) | |
| 29. | Itasca Limited Partnership | 17% | 14% | 6.50 (3/96-8/02) | |
| 30. | 9600 Oak Lawn LLC (Fund I) | 10.51% | 11% | 4.25 (12/98-1/03) | |
| 31. | Route 14 LLC | 24.84% | 19.36% | 4.75 (6/98-1/03) | |
| 32. | Arlington Business Center (Fund II) | 21.85% | 22% | 6 (12/00-11/06) | |
| 33. | Shure Limited Partnership | 14.97% | 11.15% | 5.75 (9/97-6/03) | |
| 34. | Gross Point LLC (Fund I) | 10.51% | 11% | 4 (12/99-11/03) | |
| 35. | NYS LLC (Fund II) | 21.85% | 22% | 1.50 (7/02-11/03) | |
| 36. | Four Corners Limited Partnership | N/A | 12.73% | 9.50 (1/97-5/07) | |
| 37. | Cog Circle (Fund II) | 21.85% | 22% | 2.25 (11/02-1/05) | |
| 38. | Tristate (Fund I) | 10.51% | 11% | 4.75 (7/00-2/05) | |
| 39. | Matt Square (Fund I) | 10.51% | 11% | 3.25 (9/03-12/06) | |
| 40. | Plaza Falls (Fund III) | TBD | TBD | 2.75 (6/04-1/07) | |
| 41. | 1810 LLC (Fund II) | 21.85% | 22% | 4 (7/03-6/07) | |
| 42. | Eastwood Center LLC (Fund III) | TBD | TBD | 3.50 (12/04-4/08) | |
| 43. | Delavan Pointe LLC (Fund III) | TBD | TBD | 6.25 (2/05-3/11) | |
| 44. | Essub LLC (Fund III) | TBD | TBD | (8/05- | |
| 45. | 8600 Brown Deer LLC (Fund III) | TBD | TBD | (6/06- | |
| 46. | Michigan Avenue 174 LLC (Fund IV) | TBD | TBD | (2/07- | |
| 47. | Glendale Business Center LLC (Fund III) | TBD | TBD | 4.25 (6/07-8/11) | |
| 48. | West Aurora Plaza LLC (Fund IV) | TBD | TBD | (3/08- | |
| 49. | Old McHenry LLC (CSOF) | TBD | TBD | (9/08- | |
| 50. | Lot 6 LLC (CSOF) | TBD | TBD | (9/08- | |
| 51. | Lot 7 LLC (CSOF) | TBD | TBD | (9/08- | |
| 52. | Glenwood Crossings-Kenosha, LLC (Fund IV) | TBD | TBD | (3/09- | |
| 53. | Sandee LLC (Fund IV) | TBD | TBD | 2 (9/09-7/11) | |
| 54. | Grafton, LLC (Fund V) | TBD | TBD | (2/11- | |
|
1 Lost approximately $1,800,000 or $45,000 per unit. 2 Lost approximately $785,000 or $19,625 per unit. 3 Lost approximately $29,260 or $2,660 per unit. 4 Lost approximately $100,000 or $2,000 per unit. | |||||