Deal structuring revolves around two basic issues: first, valuation and risk allocation; and second, income tax planning. While the two issues are different, they are quite clearly related. A deal structure that works not only considers property valuation and assignment of risk between buyer and seller, but also takes into account both parties’ desire to control the timing of income tax […]
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Green Courte Partners Acquires Two Manufactured Housing Communities in Minnesota – Fund Completes Initial Midwest Acquisition
Lake Forest, Illinois (February 15, 2005) – Green Courte Partners, LLC, a private real estate investment firm targeting niche sectors, announced today the acquisition of the Southern Hills and North Ridge manufactured housing communities, located in the Rochester, Minnesota suburb of Stewartville. The adjoining communities were acquired from Horner & Associates and consist of 403 […]
Read MoreGreen Courte Partners and Next Realty Acquire Hartford Off-Airport Parking Facilities
Chicago, Illinois (December 14, 2004) – Green Courte Partners, LLC and Next Realty announced today their joint venture acquisition of three off-airport parking facilities serving the Bradley International Airport in suburban Hartford, Connecticut. The $26 million acquisition was made by Hartford Parking LLC, a joint venture between affiliates of Green Courte Real Estate Partners, LLC […]
Read MoreGreen Courte Partners Acquires 638 Manufactured Housing Sites in Northeast
Lake Forest, Illinois (August 4, 2004) – Green Courte Partners, LLC, a private real estate investment firm targeting niche sectors, announced today the acquisition of the Sky Harbor manufactured housing community in suburban Buffalo, N.Y. Sky Harbor consists of four adjoining, senior-oriented manufactured housing communities totaling 638 sites. The four communities are currently 94 percent occupied. […]
Read MoreGreen Courte Partners Seeks to Invest $350 Million in Niche Real Estate Sectors
Lake Forest, Illinois (March 9, 2004) – Green Courte Partners, LLC, a private real estate investment firm targeting niche sectors, announced today the closing of its first investment fund, Green Courte Real Estate Partners, LLC. This $120 million private equity fund will employ institutional levels of leverage to invest $350 million in niche real estate strategies, initially […]
Read MoreThe Third Wave for Manufactured Housing Communities
As real estate investors, we know change is inevitable. Successful investors anticipate change and adapt accordingly, often combining disparate bits of information to identify nascent economic and social trends that may impact future results. In recent years, the manufactured housing community sector has seen more than its share of change, leading to today’s challenging investment […]
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