P
at Connaughton's journey from hurling baseballs to closing real estate deals is a remarkable one. After receiving a $428,000 signing bonus from the MLB in 2014, he invested wisely in real estate near his college, laying the groundwork for his future plans. This calculated move has since turned into a highly successful venture that benefits communities.
Connaughton's path to success began at Notre Dame, where he showcased his dual-sport abilities in basketball and baseball. He was drafted by the Baltimore Orioles but instead of pursuing a career in baseball, he made a quick switch to basketball, joining the Milwaukee Bucks in 2018. Alongside his NBA journey, he founded Three Leaf Partners, a real estate firm based in Milwaukee.
Three Leaf Partners focuses on multi-family and mixed-use developments that enhance communities through thoughtful real estate practices. Under Connaughton's guidance, the firm has flourished, acquiring industrial properties totaling around 700,000 square feet and being involved in several development projects. Notable projects include a $92 million development with 267 apartments and a $70 million project with 247 apartments.
What sets Three Leaf Partners apart is its commitment to creating sustainable and community-driven projects. The firm has also taken an innovative approach by partnering with professional athletes, including NBA players and coaches, as well as NFL and MLB members, to launch real estate projects. This unique business model aims to support retired athletes who often struggle financially.
Connaughton's $45 million downtown Wauwatosa project is set to deliver 153 apartments, further solidifying his firm's presence in the community. With a portfolio valued at over $550 million, Connaughton has proven that taking calculated risks can lead to remarkable success and positive impact on communities.
