Green Courte Acquires Land Lease Community in Arizona

MHProNews.com has been informed that private equity real estate investment firm Green Courte Partners, LLC has acquired Mountain View Estates, a 170-homesite age-restricted manufactured housing community (MHC) in Mesa, Arizona. Green Courte’s William Glascott says, “With this acquisition, our portfolio of age-restricted land-lease communities within the greater Phoenix market includes seven communities with over 1,700 home sites.” American Land Lease, Inc., a wholly-owned subsidiary of Green Courte, manages the company’s MHC portfolio, which now includes over 19,500 homesites comprising 55 communities in eleven states, and will manage Mountain View as well. ##

(Photo credit: Green Courte Partners, LLC)

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