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Lake Forest, Illinois (January 4, 2012) – Green Courte Partners, LLC, a private equity investment firm targeting niche real estate sectors, such as parking garages and lots, announced today the acquisition of the Avenue of the Arts Parking Garage (the “Garage”), located in the heart of the Arts District in downtown Philadelphia, Pennsylvania.

The Garage is a ten-level, 668-space, self-park parking garage with 17,272 square feet of ground level retail that is currently 100% occupied by Starbucks Coffee Company, Buca di Beppo, an Italian restaurant owned by Planet Hollywood, and Fox and Hound, a sports/entertainment restaurant owned by a Kansas-based operator. Located at the intersection of 15th and Spruce Streets, the Garage is conveniently located near multiple office, cultural, and retail/restaurant destinations as well as several nearby apartment towers. As the closest major parking garage to Philadelphia’s renowned Kimmel Center for the Performing Arts, the Garage serves as the primary parking facility for all events that take place at that venue.

Commenting on the acquisition, Randy Rowe, Chairman of Green Courte Partners, LLC, stated, “The Avenue of the Arts Garage is one of the premier self-parking parking garages in Philadelphia. We have long targeted a parking investment in Philadelphia as the city’s strong and diversified economy makes it one the nation’s top parking markets. With the Garage’s location near The Kimmel Center for the Performing Arts, we have acquired a property which has multiple demand generators driving utilization at all times of the day and throughout the week.”

Mr. Rowe continued, “With this acquisition, we now own 19 parking properties representing more than 38,000 parking spaces around the nation. We believe that the next several years will present a continuing opportunity to acquire strong CBD and near-airport parking properties and our team is dedicated to achieving success within our parking strategy.”

About Green Courte Partners, LLC

Green Courte Partners, LLC is a Chicago-based private equity real estate investment firm targeting niche real estate sectors, including parking assets and land-lease/manufactured housing communities. The firm combines focused investment strategies with a disciplined approach to transaction execution and asset management. Green Courte’s goal is to invest in high quality assets that will generate attractive risk-adjusted returns over a long-term holding period.

Lake Forest, Illinois (December 9, 2011) – Green Courte Partners, LLC, a private equity investment firm targeting niche real estate sectors, announced today the acquisition of The Parking Spot, one of the nation’s leading owner/operators of near-airport parking properties. The Company operates 17 high-quality parking properties (16 owned and one long-term leased), containing over 32,000 parking spaces, which serve 12 major airports including Atlanta Hartsfield (ATL), Los Angeles (LAX), Dallas Fort Worth (DFW), Houston George Bush Intercontinental (IAH) and Phoenix Sky Harbor (PHX). In addition, The Parking Spot manages another 24 parking facilities, containing over 35,000 parking spaces, serving an additional 12 major airports around the country.

Penny Pritzker, the Chairman of The Parking Spot prior to its sale, said, “Since 1998, when Marty Nesbitt first presented me with his business plan for The Parking Spot, we endeavored to build the best ‘near-airport’ parking owner/operator in the country and succeeded. We transformed what was once a humdrum routine – parking your car near the airport – into a branded, unique experience. With the sale to Green Courte, I look forward to watching The Parking Spot’s continued development as one of the nation’s most innovative parking owner/operators.”

Commenting on the acquisition, Randy Rowe, Chairman of Green Courte, stated, “We are extremely pleased that our third fund, Green Courte Real Estate Partners III, LLC and its affiliates, has completed the acquisition of The Parking Spot. Penny and Marty’s clarity of vision has given the company a dynamic operating platform. Partnering with management, we plan to expand The Parking Spot’s highly-differentiated, customer-oriented parking services to additional markets around the country, filling in new markets with a combination of owned and leased properties as well as managed operations in smaller markets.”

About Green Courte Partners, LLC

Green Courte Partners, LLC is a Chicago-based private equity real estate investment firm targeting niche real estate sectors, including parking assets and land-lease communities. The firm combines focused investment strategies with a disciplined approach to transaction execution and asset management. Green Courte’s goal is to invest in high quality assets that will generate attractive risk-adjusted returns over a long-term holding period.

About The Parking Spot

The Parking Spot is the nation’s largest near-airport parking operator, providing parking and shuttle service at airports around the country in distinctive spotted shuttles. The Parking Spot Network includes Parking Spot branded facilities at Atlanta Hartsfield, Austin Bergstrom, Dallas Fort Worth, Dallas Love Field, Denver International, Houston Hobby, Houston George Bush Intercontinental, Kansas City, Los Angeles, Nashville, Orlando, Phoenix Sky Harbor, Pittsburgh and Lambert-St. Louis. It also includes the AviStar, FastTrack and SkyPark (Newark) brands at Atlanta Hartsfield, Chicago O’Hare, Houston Hobby, New York LaGuardia, New York JFK, Newark, Philadelphia, Oakland and Oklahoma City Will Rogers. More information is available at www.TheParkingSpot.com.

Lake Forest, Illinois (September 21, 2011) – Green Courte Partners, LLC (“Green Courte”), a private equity investment firm targeting niche real estate sectors, announced today the closing of its third investment fund, Green Courte Real Estate Partners III, LLC (“GCREP III”). This $406.9 million fund will employ institutional levels of leverage to invest in approximately $1.2 billion of niche real estate, including land-lease communities and parking assets. GCREP III will continue the strategies of the firm’s first two funds, Green Courte Real Estate Partners, LLC and Green Courte Real Estate Partners II, LLC, which to date have invested in over $1.1 billion of niche real estate investments.

Green Courte was founded in 2002 by Randall K. Rowe. Previously, Mr. Rowe held senior roles at several successful real estate investment and operating companies, including Chairman of Transwestern Investment Company, Chairman and Chief Executive Officer of Hometown America, as well as various senior positions with Equity Group Investments. Green Courte’s senior partner team includes: James R. Goldman, Vice Chairman and Chief Investment Officer; Robert S. Duncan, Managing Director, Retail Investments; Kelly L. Stonebraker, Managing Director, General Counsel; Stephen F. Douglass, Managing Director, Asset Management;Michael A. Tarkington, Managing Director, Chief Accounting Officer; David B. Lentz, Managing Director; Steven E. Ehrlich, Managing Director, Deputy General Counsel; Mark E. Scully, Managing Director; Randy L. Kotler, Managing Director; Jane E. Mody, Managing Director, Chief Financial Officer; Keith A. Bawolek, Managing Director, Parking Acquisitions; and Arthur A. Greenberg, Managing Director, Senior Tax Advisor.

Regarding the new fund, Mr. Rowe commented, “We are delighted to have completed the fundraising for GCREP III in this challenging market and are honored that almost all of ourinvestors in the prior two funds have decided to invest in GCREP III. We are also pleased to have several new institutional investors join us in GCREP III. We look forward to investing the capital consistent with our niche real estate strategies and will work diligently to generate attractive, risk-adjusted returns for our investors.”

About Green Courte Partners, LLC

Green Courte Partners, LLC is a Chicago-based private equity real estate investment firm targeting niche real estate sectors, including land-lease communities and parking assets. The firm combines focused investment strategies with a disciplined approach to transaction execution and asset management. Green Courte’s goal is to invest in high quality assets that will generate attractive risk-adjusted returns over a long-term holding period.

Lake Forest, Illinois (December 21, 2010) – Green Courte Partners, LLC (“Green Courte”), a private equity investment firm targeting niche real estate sectors, announced today the promotion of Sirina R. Jimenez and Antonia A. Anagnostopoulos to Vice President and Jordan T. Kerger to Senior Associate.

Since joining Green Courte in July 2006, Ms. Jimenez has made significant contributions to the firm’s land-lease community portfolio where she has helped to optimize the operating performance of the portfolio and implement value-add strategies. As Vice President, Due Diligence, Ms. Jimenez will be responsible for the completion of due diligence of Green Courte’s new investments.

Ms. Anagnostopoulos joined Green Courte in June 2008. Since joining the firm, Ms. Anagnostopoulos has helped to improve the accounting, financial reporting and management of Green Courte’s retail and parking investments. Ms. Anagnostopoulos also oversees the accounting of Green Courte’s second fund, Green Courte Real Estate Partners II, LLC and its affiliates. As a Vice President, Ms. Anagnostopoulos will continue and expand upon her existing role and responsibilities as a portfolio controller.

Mr. Kerger joined Green Courte in March 2008. Since joining the firm, Mr. Kerger has contributed to the firm’s acquisitions group and was involved in the acquisition of two large portfolios of high quality land-lease communities, including the acquisition of American Land Lease, Inc. which closed in 2009. Mr. Kerger also contributes to the firm’s investor relations and fundraising efforts. As a Senior Associate, Mr. Kerger will continue and expand upon his existing responsibilities within Green Courte.

Commenting on the promotions, Randy Rowe, Green Courte’s Chairman, said, “Sirina, Antonia and Jordan have made significant contributions to Green Courte’s success over the past several years. I look forward to their continued growth and success and expect that they will make a greater impact on Green Courte in the future.”

About Green Courte Partners, LLC

Green Courte Partners, LLC is a Chicago-based private equity investment firm targeting niche real estate sectors, including land-lease communities, parking assets and “Main Street” retail/mixed-use properties in high barrier locations. The firm combines focused investment strategies with a disciplined approach to transaction execution and asset management. Green Courte’s goal is to invest in high quality assets that will generate attractive risk-adjusted returns over a long-term holding period.

Clearwater, Florida (December 1, 2010) – American Land Lease, Inc. (“ALL”) today announced the appointment of Randy L. Kotler as Executive Vice President and Chief Financial Officer. Mr. Kotler joins ALL from Avatar Holdings, Inc., a Coral Gables, Florida-based publicly-traded real estate company focused on residential development and construction including significant activity in the active adult space, where he was Executive Vice President and Chief Financial Officer. ALL is owned by affiliates of Green Courte Partners, LLC (“GCP”), a Chicago-based private equity real estate investment firm, which Mr. Kotler will also join as a Managing Director.

Commenting on Mr. Kotler’s appointment, David Lentz, President and Chief Executive Officer of ALL and a Managing Director of GCP, said, “Randy brings a breadth and depth of leadership and real estate experience that will add significantly to our financial management, reporting and accounting strength as we prepare for our anticipated future growth. I also expect him to make considerable broader contributions to our company’s senior leadership team.” Shannon Smith has been serving ALL in the dual role of Chief Financial Officer and Chief Operating Officer since early 2009. It has been the company’s ongoing plan to hire a dedicated Chief Financial Officer. Mr. Kotler’s appointment is the culmination of that process.

About American Land Lease, Inc.

American Land Lease, Inc. is a Clearwater, Florida-based real estate investment trust that owns and manages high quality residential land-lease communities for active adults and families. The company operates approximately 16,200 land-lease home sites in 42 communities located in ten states and owned directly or by affiliated entities. For additional information, please visit www.AmericanLandLease.com.

About Green Courte Partners, LLC

Green Courte Partners, LLC is a Chicago-based private equity real estate investment firm targeting niche real estate sectors, including land-lease communities, parking assets, and “Main Street” retail/mixed-use properties in high barrier locations. Green Courte, directly and through its wholly-owned subsidiary, American Land Lease, Inc., owns approximately 16,200 land-lease home sites in 42 communities located in ten states. The firm combines focused investment strategies with a disciplined approach to transaction execution and asset management. Green Courte’s goal is to invest in high quality assets that will generate attractive risk-adjusted returns over a long-term holding period.

Lake Forest, Illinois (December 1, 2010) – Green Courte Partners, LLC (“Green Courte”) announced today that Mark Scully has been named a Managing Director, effective October 1, 2010. Mr. Scully has been affiliated with Green Courte since it announced a strategic partnership with Scully Partners LLC in October 2008.

“Mark has become an integral part of the sales, leasing and management efforts related to our Colorado “Main Street” retail/mixed-use portfolio since his association with Green Courte in late 2008. In his new role, Mark will add acquisitions responsibilities, for both land-lease communities and parking properties, to his existing duties with the Colorado portfolio,” stated Randy Rowe, Chairman of Green Courte. Mr. Rowe added, “Mark has an extensive track record of entrepreneurial success at small firms such as Scully Partners and large firms such as Equity Office Properties. We are delighted to add Mark’s talents to our existing efforts at Green Courte and are confident in his ability to make a significant contribution to the firm’s success.”

About Green Courte Partners

Green Courte Partners, LLC is a Chicago-based private equity real estate investment firm targeting niche real estate sectors, including land-lease communities, parking assets and “Main Street” retail/mixed-use properties in high barrier locations. Green Courte, directly and through its whollyowned subsidiary, American Land Lease, Inc., owns approximately 16,200 land-lease home sites in 42
communities located in ten states. The firm combines focused investment strategies with a disciplined approach to transaction execution and asset management. Green Courte’s goal is to invest in high quality assets that will generate attractive risk-adjusted returns over a long-term holding period.