Green Courte Partners Buys Six Land-Lease Communities in Florida

Green Courte Partners LLC acquired a portfolio of six age-restricted land-lease communities in central Florida. The portfolio contains more than 1,850 home sites and is nearly fully occupied. It hired American Land Lease Inc., which is a unit of its second fund, to manage the communities. Green Courte is a Lake Forest, Ill.-based private equity shop that targets the real estate sector.

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