Green Courte Partners Hires Chief Executive Officer for its New Senior Living Platform

Chicago, Illinois, December 11, 2018 – Green Courte Partners, LLC (“Green Courte”), a private equity real estate investment firm focused on building industry-leading companies within niche real estate sectors, announced today that it has hired Jim Pusateri as the first Chief Executive Officer of True Connection Communities, its new senior living operating platform. Mr. Pusateri will also join Green Courte as a Managing Director. Through its fourth investment fund, Green Courte Real Estate Partners IV, LLC and its affiliates, Green Courte has assembled a portfolio of nine senior living properties located in four states and containing over 1,400 units and is actively seeking additional active adult/independent senior living investment opportunities to add to its growing portfolio.

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Green Courte Partners Hires New President and Chief Executive Officer of The Parking Spot

Chicago, Illinois, November 13, 2018 Green Courte Partners, LLC (“Green Courte”), a private equity real estate investment firm focused on building industry-leading companies within niche real estate sectors, announced today that it has hired Jeff Foland as the new President and Chief Executive Officer of The Parking Spot. Mr. Foland will also join Green Courte as a Managing Director. The Parking Spot, which is owned by a subsidiary of Green Courte’s third investment fund and manages assets owned by affiliates of Green Courte’s third and fourth investment funds, is the nation’s largest owner and operator of near-airport parking facilities.

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Green Courte Partners Expands its Land-Lease Community Portfolio with New Venture

Chicago, Illinois, October 23, 2018 – Green Courte Partners, LLC announced today that its fourth investment fund, Green Courte Real Estate Partners IV, LLC and its affiliates (“GCREP IV”), acquired a portfolio of eight high-quality, all-age land-lease communities located in Michigan and containing 2,906 sites. Concurrent with the acquisition, GCREP IV formed a new venture with the portfolio’s seller to own and operate the fund’s land-lease community investments, which includes ownership of the seller’s operating company. GCREP IV’s portfolio of land-lease communities now consists of ten properties with over 4,000 sites in three states.

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The Parking Spot expands near Dallas Love Field Airport

Chicago, Illinois, October 2, 2018 – The Parking Spot, the nation’s largest owner and operator of near-airport parking facilities, announced today the expansion of The Parking Spot 1 at Dallas Love Field Airport.  The Parking Spot 1, located at 6900 Cedar Springs Road, added 632 covered parking spaces by taking over operation of the adjacent facility, formerly known as Best Parking.  The expanded facility will now contain over 2,700 covered parking spaces.

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Green Courte Partners Promotes Bill Glascott to Chief Investment Officer

Chicago, Illinois, October 1, 2018 – Green Courte Partners, LLC, a private equity real estate investment firm focused on building industry-leading companies within niche real estate sectors, announced the promotion of Bill Glascott to Chief Investment Officer. In this position, Mr. Glascott, who is already on the firm’s management committee, will assume an expanded role related to strategic planning and investment activities while continuing to oversee all acquisitions efforts.

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Green Courte Partners Acquires Land-Lease Community

Chicago, Illinois, May 22, 2018 – Green Courte Partners, LLC, a private equity real estate investment firm focused on building industry-leading companies within niche real estate sectors, announced today that its fourth investment fund, Green Courte Real Estate Partners IV, LLC and its affiliates, has acquired Conestoga, a 659-site all-age land-lease community located in Gardner, Kansas. The community will be managed by an affiliate of the fund, which plans to substantially upgrade the existing amenity package, address deferred maintenance, and invest significant capital in new home inventory to sell and to rent.

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Green Courte Partners Acquires Land-Lease Community

Chicago, Illinois, April 25, 2018 – Green Courte Partners, LLC, a private equity real estate investment firm focused on building industry-leading companies within niche real estate sectors, announced today that its fourth investment fund, Green Courte Real Estate Partners IV, LLC and its affiliates, has acquired Pueblo Del Sol, a 453-site all-age land-lease community located in Las Vegas, Nevada. The community will be managed by an affiliate of the fund, which plans to undertake an extensive renovation of the community’s amenities and introduce significant home inventory and robust home sales and rental programs.

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Green Courte Partners Announces Staff Promotions

Chicago, Illinois, March 21, 2018 – Green Courte Partners, LLC, a private equity real estate investment firm focused on building industry-leading companies within niche real estate sectors, announced today the promotions of Amy A. Bjork and Jon S. Pollan to Vice President and Amber N. Mullenix to Senior Associate.    

Ms. Bjork joined Green Courte in July 2003. After leaving temporarily in 2014, she rejoined the firm in August 2017. Ms. Bjork has served in numerous roles during her time with Green Courte, most recently as Financial Applications Manager. As Vice President, Ms. Bjork will provide project management oversight and support to the accounting, asset management, and property operations teams for various financial software packages. 

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Green Courte Partners Announces Senior Management Promotions

Chicago, Illinois, March 20, 2018 – Green Courte Partners, LLC, a private equity real estate investment firm focused on building industry-leading companies within niche real estate sectors, announced today the promotions of David B. Lentz to Chief Executive Officer, Steven S. Gearhart to Chief Operating Officer, and William Glascott to Deputy Chief Investment Officer. In conjunction with these promotions, Mr. Gearhart and Mr. Glascott have joined Green Courte’s Management Committee.

Considering these promotions, Randall K. Rowe, Green Courte’s Chairman, commented, “As we continue executing our strategy of building world-class, fully-integrated businesses within the real estate sectors we are currently targeting, which include near-airport parking, active adult/independent senior living properties, and land-lease communities, these promotions demonstrate the breadth and depth of talent and experience we have assembled at the firm.”

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