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Chicago, Illinois (March 9, 2022) – 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 Jon S. Pollan to Managing Director of Acquisitions and Josh D. Reichert to Managing Director of Portfolio Management.

Mr. Pollan joined Green Courte in 2013 as an Associate focusing on acquisitions and asset management. He was promoted to Senior Associate in 2015 and to Vice President in 2018. As a Managing Director, Mr. Pollan will be responsible for sourcing and leading new acquisitions for Green Courte’s near-airport parking company, The Parking Spot, and its land-lease community platform, Windward Communities.

Prior to joining Green Courte, Mr. Pollan worked for Stonehenge Partners, where he participated in asset management for the firm’s $2.2 billion portfolio. Mr. Pollan holds a Bachelor of Business Administration in Real Estate and Urban Land Economics from the University of Wisconsin-Madison.

Mr. Reichert joined Green Courte in 2018 as a Senior Strategy Associate in portfolio management. He was promoted to Vice President in 2020. As a Managing Director, Mr. Reichert will continue to identify and evaluate strategic initiatives and value-add opportunities in each of Green Courte’s operating businesses, oversee portfolio investment valuations, and manage asset dispositions.

Prior to joining Green Courte, Mr. Reichert worked at Heitman Capital Management, where his team was responsible for the management and performance of a $4.0 billion portfolio that included office, retail, apartment, and self-storage assets. Earlier in his career, Mr. Reichert was a management consultant at PwC. Mr. Reichert holds a Bachelor of Arts in International Business from Gettysburg College and a Master of Business Administration from Northwestern University’s J.L. Kellogg Graduate School of Management.

Reflecting on these promotions, David B. Lentz, Green Courte’s Chief Executive Officer, commented, “We are thrilled to welcome two new partners as we recognize the many contributions both Jon and Josh have made toward Green Courte’s success. These promotions help illustrate the breadth and depth of talent and experience we have assembled at the firm.”

For media inquiries, please contact Marnie Helfand at (312) 966-4747 or MarnieHelfand@GreenCourtePartners.com

Chicago, Illinois (March 9, 2022) – 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 six staff members to Vice President: Ross S. Gordon, David P. Hoogmoed, Joshua L. Kohlenbrener, Daniel M. Koop, Brian C. Lady, and Abigail S. Ling.

Mr. Gordon joined Green Courte in 2016 as a Senior Accountant and was promoted to Assistant Controller in 2020. As a Vice President, he will continue to be responsible for the infrastructure, accounting, and reporting for two of Green Courte’s investment funds, Green Courte Real Estate Partners I, LLC and Green Courte Real Estate Partners V, LLC. Prior to joining Green Courte, Mr. Gordon worked as a Staff Accountant at Enlivant and was an Audit Associate at Deloitte, primarily focused on real estate investment trusts. Mr. Gordon holds both a Bachelor of Science and a Master of Science in Accountancy from the University of Missouri.

Mr. Hoogmoed joined Green Courte in 2021 as a Senior Associate, supporting acquisitions for the firm’s senior housing business, True Connection Communities (“TCC”). As a Vice President, he will continue to help source and underwrite active-adult and independent living community investments for TCC. Prior to joining Green Courte, Mr. Hoogmoed was a Strategy Consultant at Accenture Strategy. Mr. Hoogmoed holds a Bachelor of Business Administration from the University of Michigan and a Master of Business Administration from the University of Chicago Booth School of Business.

Mr. Kohlenbrener joined Green Courte in 2020 as a Program Director of Construction and Development. As a Vice President, he will continue executing development, expansion, and value-add projects for TCC and Green Courte’s land-lease community portfolio, Windward Communities (“WC”). Prior to joining Green Courte, Mr. Kohlenbrener worked as a project manager for Clark Construction Group. Mr. Kohlenbrener holds a Bachelor of Science in Civil Engineering from the University of Illinois Urbana-Champaign.

Mr. Koop joined Green Courte in 2020 as a Senior Associate supporting land-lase community and near-airport parking acquisitions. As a Vice President, he will continue to help source and underwrite acquisitions for WC and Green Courte’s near-airport parking business, The Parking Spot (“TPS”). Prior to joining Green Courte, Mr. Koop worked for Ventas, where he held several roles managing the firm’s medical office and life sciences portfolio. Prior to Ventas, he worked in corporate finance at Allstate Insurance Company. Mr. Koop holds a Bachelor of Science in Finance from the University of Notre Dame and a Master of Business Administration from Northwestern University’s J.L. Kellogg Graduate School of Management.

Mr. Lady joined Green Courte in 2020 as a Finance Manager. As a Vice President, he will continue to focus on reporting, budgeting, and analytics for WC and TCC. Prior to joining Green Courte, Mr. Lady worked at Ventas on the asset management team, where he was responsible for reporting and forecasting. Mr. Lady holds both a Bachelor of Business Administration in Finance and a Master of Science in Finance from the University of Wisconsin-Madison.

Ms. Ling joined Green Courte in 2019 as a Senior Accountant and was promoted to Assistant Controller in 2021. Along with her promotion to Vice President, Ms. Ling was named Controller for one of Green Courte’s investment funds, Green Courte Real Estate Partners IV, LLC, for which she will lead the accounting and reporting functions. Prior to joining Green Courte, Ms. Ling was a Senior Audit Associate at KPMG where she audited healthcare and senior housing companies. Ms. Ling holds both a Bachelor of Science in Accounting and a Master of Accounting Science from the University of Illinois Urbana-Champaign and is a Certified Public Accountant.

For media inquiries, please contact Marnie Helfand at (312) 966-4747 or MarnieHelfand@GreenCourtePartners.com

Chicago, Illinois (October 20, 2021) – Green Courte Partners, LLC (“GCP”), a private equity real estate investment firm, announced today the acquisition of a portfolio of four land-lease communities comprising approximately 700 existing home sites in the greater Rochester, New York, area. The acquisition increases GCP’s national land-lease community portfolio, which is internally managed by GCP’s operating platform, Windward Communities, to 21 communities containing approximately 7,500 home sites, including approximately 1,900 home sites in the Rochester market. The acquisition also included vacant land adjacent to two of the communities that can accommodate approximately 120 additional home sites. GCP plans to upgrade the amenities at the communities and will implement an active home sales operation to bring in attractive new homes to fill the communities’ large, inviting home sites.

Jordan Kerger, Managing Director at GCP, stated, “These communities are a great addition to our rapidly growing land-lease community portfolio and bolster our presence in New York’s popular Finger Lakes region. Under Windward Communities’ management, these communities will provide appealing and affordable housing to families and seniors in the area. We are aggressively pursuing opportunities to grow our land-lease community portfolio across the country and are pleased to expand our footprint in Rochester with this exceptional portfolio.”

Tom Thomas, GCP’s counterparty in the transaction, added, “Having developed and operated these communities for the past thirty years, I was highly focused on ensuring I could trust the next owner to continue offering high-quality housing to our residents. I am confident GCP will be an excellent steward of the communities for years to come. GCP was professional throughout the entire sale process, beginning with our first discussion and ultimately closing ahead of schedule at our agreed upon financial terms.”

For media inquiries, please contact Marnie Helfand at (312) 966-4747 or MarnieHelfand@GreenCourtePartners.com

Chicago, Illinois (July 13, 2021) – Green Courte Partners, LLC (“GCP”), a private equity real estate investment firm, announced today the acquisition of a 20-acre land parcel adjacent to Conestoga, a land-lease community it owns in Gardner, Kansas, a suburb of Kansas City.  The parcel is entitled for 98 home sites, which will allow the expansion of Conestoga to 757 home sites and increase GCP’s land-lease community portfolio, which is internally managed by GCP’s operating platform, Windward Communities, to approximately 7,000 home sites nationally, including over 1,100 home sites in the Kansas City market. GCP plans to commence construction on the site improvements this summer.  The new section will be called “Lakeside at Conestoga” and will feature a lake, walking paths, and a pavilion, in addition to the clubhouse, pool, playground, and other amenities at Conestoga.

Jordan Kerger, Managing Director at GCP, stated, “We’re always looking to expand our land-lease community portfolio, either through acquisitions of existing communities or by acquiring expansion land for the properties we own.  With this project, we found an opportunity to address the meaningful demand we’re seeing from working families looking for high quality and affordably priced detached housing in the local market. We are excited to expand Conestoga and build this great addition to the Gardner community.”

Aaron Rutler, GCP’s counterparty in the transaction, added, “Green Courte had a clear understanding of the entitlement process and was able to secure the necessary approvals within the timing outlined in the contract.  Additionally, the GCP team delivered on the terms we agreed to and didn’t allow the pandemic to hinder their ability to move forward with this project.”

For media inquiries, please contact Marnie Helfand at (312) 966-4747 or MarnieHelfand@GreenCourtePartners.com

Chicago, Illinois (March 29, 2021) – 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 (“GCP”), has acquired a partially completed 4.5-story, 159-apartment independent senior living community located in Hilliard, Ohio, a suburb of Columbus. The 20.3-acre site contains over 15 acres of developable land and over five acres that will be permanently preserved as green space. GCP will complete the development of the residential building, undertake the ground-up construction of a 9,000-square foot clubhouse that will provide residents with a centralized dining room and bistro, and reconfigure existing square footage into dedicated programming space with a theater, fitness center, craft/activities room, home healthcare office, salon, and more. GCP plans to begin development of single-story senior cottages on the property’s excess developable land following completion of the residential building and clubhouse. The full-service independent senior living community will be branded Verena at Hilliard.

GCP’s wholly owned senior living operator, True Connection Communities, will manage the community as part of its high-quality portfolio of active adult and independent senior living communities designed to meet the growing needs of Americans 55 and older who are seeking an active and engaged lifestyle. The acquisition—the thirteenth overall in the GCP senior living portfolio and the company’s first senior living project in Ohio—will increase the GCP portfolio to over 2,125 apartments.

Matt Pyzyk, Managing Director of Acquisitions at GCP, said, “Verena at Hilliard is a strong addition to our rapidly growing senior living portfolio. This was a unique opportunity to acquire and complete the development of this project at an attractive investment basis and in a submarket with particularly compelling demographics. The community’s proximity to desirable amenities, its direct, indoor connection to the adjacent branch of the Columbus Metropolitan Library, and its excess green space will create an exceptional campus for our future residents to enjoy.”

For media inquiries, please contact Marnie Helfand at (312) 966-4747 or MarnieHelfand@GreenCourtePartners.com

Chicago, Illinois (January 21, 2021) – Green Courte Partners, LLC, a private equity real estate investment firm and owner of The Parking Spot (“TPS”), the nation’s leading near-airport parking company, announced today the acquisition of a 1,580-space parking facility serving Baltimore/Washington International Thurgood Marshall Airport (“BWI”). The property, which is currently operated as Econopark Express, will be rebranded as The Parking Spot West and will serve as TPS’s second facility at BWI.  The Parking Spot West will enhance TPS’s operating efficiencies in the market and its location will allow TPS to better serve customers arriving from the Washington, D.C., metropolitan area. With this acquisition, Green Courte’s near-airport parking portfolio expands to 39 facilities at 22 airports containing more than 78,000 spaces nationwide.

Jordan Kerger, Managing Director at Green Courte, stated, “We are pleased to expand our presence at BWI with a property that complements our existing location in the market. Our deep industry experience and our ability to execute quickly allowed us to customize the transaction to meet the specific financial and structuring needs of the seller.”

Francis Gardiner, Green Courte’s counterparty in the transaction, added, “Green Courte approached us directly regarding a transaction, and they delivered on the terms and timing we agreed to despite the challenging economic and operating circumstances.”

For media inquiries, please contact Marnie Helfand at (312) 966-4747 or MarnieHelfand@GreenCourtePartners.com