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Greensboro, North Carolina (June 18, 2007) – Green Courte Partners, LLC, a private real estate investment firm targeting niche sectors including manufactured housing communities, has named FoundationWorks, Inc. as the foundation of choice for siting manufactured homes in its communities. Green Courte has a nationwide presence and in less than three years has acquired controlling interests in 21 communities containing over 6,000 home sites and valued at over $260 million.

Pursuant to a 25-year agreement with FoundationWorks, Green Courte plans to
purchase a high volume of FoundationWorks product for use in its communities
in Colorado, Minnesota, Illinois, Wisconsin, Michigan, Pennsylvania, New York and Florida, as well as in additional communities it acquires in the future. Green Courte has also made a significant investment in FoundationWorks, signaling its commitment to both the company and its products and the manufactured housing industry.

Commenting on the new relationship, Randy Rowe, Green Courte’s chairman, stated, “With the FoundationWorks product, we will be able to standardize home installations throughout our portfolio with a system that is not only visually attractive, but also provides for significantly shorter installation times. In addition, the system often meets the requirements for a permanent foundation, allowing home buyers to potentially qualify for longer term, lower interest rate loan programs.”

“We are excited to begin a long-term, strategic relationship with an industry leader like Green Courte, which has recognized that the FoundationWorks system provides a high quality, lower cost solution that contributes significantly to the competitive advantages already offered by factory-built housing,” commented Thom Cross, CEO of FoundationWorks.

Green Courte Partners, LLC is a Chicago-based private equity investment company targeting investments in niche real estate sectors, including manufactured housing communities, parking assets, and urban infill retail properties in high-barrier locations, through transaction structures customized to achieve seller objectives. The company’s goal is to invest in high quality assets that will generate attractive risk-adjusted returns over a longer-term holding period.

FoundationWorks, Inc. is a provider of a highly innovative foundation system that is accepted as permanent for conventional, FHA and VA financing; is quicker to install, hours vs. days; and is about half the price of conventional site-poured systems. Headquartered in Greensboro, NC, FoundationWorks, Inc. is a mid-size national company focused on the development, manufacture and marketing of innovative, proven proprietary foundation systems to improve the structural performance and visual appearance of factory-built homes.

Lake Forest, Illinois (June 12, 2007) – Green Courte Partners, LLC, a private real estate investment firm targeting niche sectors, announced today the appointment of Michael A. Tarkington as Managing Director and Chief Financial Officer. As Green Courte Partners continues to build its investment portfolio, Mr. Tarkington will be responsible for directing the ongoing development of its financial reporting, financial management, and accounting functions. With Mr. Tarkington’s addition, Robert S. Duncan, Managing Director, will focus full time on leading Green Courte’s investment activities in infill / “Main Street” retail.
Mr. Tarkington joins Green Courte Partners from Transwestern Investment Company, where he was Development Controller with responsibility for financial management of the development portfolio; GAAP and tax basis financial reporting and projections; and restructuring financial reporting methodologies and processes.

Commenting on the new addition to the team, Randy Rowe, Chairman of Green Courte Partners, LLC, stated, “Michael’s background and experience fit very well with his new role. He has over 25 years of real estate experience, with a proven, results-oriented track record in portfolio and asset management, financial reporting, and process improvement. This broad skill set will be especially useful as we continue the expansion of our portfolio and pursue improved internal efficiencies and controls to manage our investments. Bob’s shift to a full-time focus on infill retail investments reflects our commitment to the infill / “Main Street” retail sector as one of our key investment strategies.”

Green Courte Partners, LLC is a Chicago-based private equity investment firm targeting investments in niche real estate sectors, including manufactured housing communities, infill retail, and parking assets through transaction structures customized to achieve seller objectives. The firm’s goal is to invest in high quality assets that will generate attractive risk-adjusted returns over a longer-term holding period.

Lake Forest, Illinois (April 9, 2007) – Green Courte Partners, LLC, a private real estate investment firm targeting niche sectors, announced today the acquisition of the Skyline, Swan Meadow Village and Valley View manufactured housing communities located in Colorado. With this closing, Green Courte has acquired controlling interests in 20 communities valued at over $250 million and containing over 6,000 sites.

These three high-quality communities total over 750 sites. Skyline, located in Ft. Collins, is a stabilized, senior-oriented 175-site property that is 97% occupied. Swan Meadow Village, a 172-site all-age property located in the resort community of Dillon, is 52% occupied. Valley View is a 408-site, 62%-occupied all-age property located in the north Denver suburb of Thornton.

Commenting on the Colorado acquisition and Green Courte’s future plans in the sector, Randy Rowe, the company’s Chairman, stated, “This acquisition illustrates our continued commitment to manufactured housing community investments, and we were excited to identify a portfolio that combined the benefits of a stabilized senior property with the potential upside available at the other two properties. As we implement innovative new resident financing and long-term lease programs throughout our portfolio, we will continue to acquire and reposition high-quality communities that have suffered occupancy declines in recent years.”

Green Courte Partners, LLC is a Chicago-based private equity investment company targeting investments in niche real estate sectors, including manufactured housing communities, parking assets, and urban infill retail properties in high-barrier locations, through transaction structures customized to achieve seller objectives. The company’s goal is to invest in high quality assets that will generate attractive risk-adjusted returns over a longer-term holding period.

Lake Forest, Illinois (January 29, 2007) – Green Courte Partners, LLC, a private real estate investment firm targeting niche sectors, announced the closing of investments in three “Main Street” retail/mixeduse projects representing $47 million of cost at completion.

• Green Courte has acquired a 90% joint venture interest in the 31,428 square foot Alpenglow mixed-use development in downtown Steamboat Springs, Colorado. Alpenglow will consist of 6,306 square feet of retail, 23,845 square feet of condominiums which are 50% pre-sold, and 1,277 square feet of residential rentals. The project is fully entitled, and is under construction with a planned first quarter 2008 completion. Alpenglow, Green Courte’s second mixed-use development project in Steamboat’s “Main Street” district, is located one block from Green Courte’s 84,700 square foot Howelsen Place development. Both projects are being developed in partnership with James Cook of Colorado Realty Group in Steamboat Springs, Colorado.

• Green Courte has closed on a convertible mezzanine debt investment in the 50,076 square foot Fiore Square retail/office development project in Lake Forest, Illinois, in suburban Chicago, Illinois. This high-quality project was designed by Swanson+Donahue Architects to evoke the historic character of downtown Lake Forest’s Market Square. The property’s principal owner and developer is a joint venture between Westminster Partners, LLC and Swanson Development, LLC, both of Lake Forest, Illinois. The project is 35% pre-leased, with construction completion scheduled for October 2007.

• Green Courte has acquired a 50,449 square foot collection of main street retail buildings in the historic downtown district of Long Grove, Illinois, in suburban Chicago, Illinois. Long Grove’s retail district boasts a unique collection of historic buildings, an assortment of boutiques, gourmet shops, and restaurants, and regular seasonal festivals such as the Apple Fest, making it a unique regional destination throughout the year. The properties were acquired from Mangel Investments, L.P., whose principal, John Mangel, will continue to operate four of the district’s premier retail attractions, including the Pine Cone Shop and Long Grove Confectionary. “We are pleased to add these high quality properties, each in irreplaceable infill locations, to our growing ‘Main Street’ retail portfolio and to expand our developer partner relationships,” stated Randy Rowe, Chairman of Green Courte Partners, LLC. “These projects are consistent with our infill retail strategy of acquiring, developing, and redeveloping retail and mixed-use assets in ‘Main Street’ shopping and entertainment districts in growing urban, suburban, and resort markets,” added Bob Duncan, Managing Director of Green Courte Partners, LLC.

Green Courte Partners, LLC is a Chicago-based private equity investment company targeting investments in niche real estate sectors, including manufactured housing communities, infill retail/mixed-use, and parking assets in high-barrier locations, through transaction structures customized to achieve seller and developer objectives. The Company’s goal is to invest in high quality assets with local partners over a longer-term holding period.

Lake Forest, Illinois (December 6, 2006) – Green Courte Partners, LLC, a private real estate investment firm targeting niche sectors, announced today the appointment of Stephen F. Douglass as Managing Director, Asset Management. As Green Courte continues its successful strategy of acquiring, developing and operating infill retail assets in high-barrier locations, Mr. Douglass will be responsible for directing the development of new retail projects, optimizing the operating performance of existing and stabilized retail assets, and implementing “value-add” strategies across the retail portfolio. Mr. Douglass will team with Bob Duncan, Managing Director, who continues to lead Green Courte’s new investment activities in infill retail and mixed-use projects. Mr. Douglass joins Green Courte Partners from Transwestern Investment Company where he was Managing Director and Co-Head of Asset Management, with responsibility for many of that firm’s development projects and retail investments in various domestic markets.

Commenting on the new addition to the team, Randy Rowe, Chairman of Green Courte Partners, LLC, stated, “Stephen’s background and experience fit very well with his new role. He has over 25 years of real estate experience, with a proven results-oriented track record in portfolio and asset management, due diligence, development, lease negotiation, and construction financing. This broad skill set will be especially useful as we embark on a number of exciting new retail developments with complex entitlement and design issues.”

Green Courte Partners, LLC is a Chicago-based private equity investment firm targeting investments in niche real estate sectors, including infill retail, manufactured housing communities, and parking, through transaction structures customized to achieve seller objectives. The firm’s goal is to invest in high quality assets that will generate attractive risk-adjusted returns over a longer-term holding period.

Lake Forest, Illinois (April 24, 2006) – Green Courte Partners, LLC, a private real estate investment firm targeting niche sectors, announced today the appointment of Stephen A. Wheeler as Managing Director, Asset Management. With the continued growth in the size and geographic span of the Green Courte portfolio, Mr. Wheeler will be responsible for optimizing the operating performance of the portfolio as well as implementing strategies to add value. Mr. Wheeler was most recently President of Real Asset Capital, LLC, where he was responsible for the acquisition, development, financing and operation of a portfolio of mixed-use and multifamily residential properties.

Commenting on the new addition to the team, Randy Rowe, Chairman of Green Courte Partners, LLC, stated, “Stephen’s background fits very well with this new role. He has over 20 years of real estate experience, with a deep understanding of residential property issues, which will be especially useful in overseeing our manufactured housing community assets. In addition, Stephen comes equipped with extensive knowledge of real estate development and finance. We are excited and fortunate to have him join us.”

Green Courte Partners, LLC is a Chicago-based private equity investment firm targeting investments in niche real estate sectors, including parking, manufactured housing communities, and infill retail assets in high-barrier locations, through transaction structures customized to achieve seller objectives. The company’s goal is to invest in high quality assets that will generate attractive risk-adjusted returns over a longer-term holding period.