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.