History of

The Four Leaf Companies

• First community investment in 2005
• Became a pioneer in MH captive financing business financing over $100MM in homes over last decade
• One of the first, and only, vertically integrated models in the industry: 
• Land Entitlement, Development, Property Management, Retail Sales, Financing and Servicing. 
• Started developing new communities in 2015:
• — today one of the largest private developers of ground-up communities in the nation
• Two large, institutional-grade transactions in 2018 and 2021
• Third tranche commenced in 2022
  

Historical

Performance Highlights

• 19% year-over-year growth since inception
• Exceptional asset quality:
• 94% of current homes are resident-owned
• 91% of homes are doublewide
• 85% of lots developed after 2010 
• Over $300MM of value creation