Green Courte Partners, LLC announced the acquisition of Lamplighter Manufactured Home Community, an age-restricted land-lease community, containing 260 home sites, located in Port Orange, Florida. Green Courte engaged American Land Lease, Inc., a wholly-owned subsidiary of its second fund, Green Courte Real Estate Partners II, LLC, to manage the community. American Land Lease manages Green Courte’s land-lease/manufactured housing community portfolio. That portfolio now includes over 19,300 developed home sites located across 54 communities in eleven states. American Land Lease will operate the community under their “55+” lifestyle brand, Solstice Communities. As MHProNews readers know, Green Courte Partners, LLC is a private equity real estate investment firm focused on niche real estate sectors, which includes manufactured housing, parking garages and more commercial real estate interests. American Land Lease CEO, David Lentz, is also the Chairman of the National Communities Council (NCC) division of the Manufactured Housing Institute (MHI). ##

(Image Credit, Green Courte Partners Logo)