Chicago-based private equity firm Green Courte Partners has named Mark Scully managing director. Scully, who has worked with the Green Courte Partners since 2008, will focus on acquisitions of land-lease communities and parking properties, the firm said. Scully has worked previously for firms including Equity Office Properties.
Green Courte Partners, LLC (“Green Courte”) announced today that Mark Scully has been named a Managing Director, effective October 1, 2010. Mr. Scully has been affiliated with Green Courte since it announced a strategic partnership with Scully Partners LLC in October 2008.
“Mark has become an integral part of the sales, leasing and management efforts related to our Colorado “Main Street” retail/mixed-use portfolio since his association with Green Courte in late 2008. In his new role, Mark will add acquisitions responsibilities, for both land-lease communities and parking properties, to his existing duties with the Colorado portfolio,” stated Randy Rowe, Chairman of Green Courte. Mr. Rowe added, “Mark has an extensive track record of entrepreneurial success at small firms such as Scully Partners and large firms such as Equity Office Properties. We are delighted to add Mark’s talents to our existing efforts at Green Courte and are confident in his ability to make a significant contribution to the firm’s success.”
About Green Courte Partners
Green Courte Partners, LLC is a Chicago-based private equity real estate investment firm targeting niche real estate sectors, including land-lease communities, parking assets and “Main Street” retail/mixed-use properties in high barrier locations. Green Courte, directly and through its wholly-owned subsidiary, American Land Lease, Inc., owns approximately 16,200 land-lease home sites in 42 communities located in ten states. The firm combines focused investment strategies with a disciplined approach to transaction execution and asset management. Green Courte’s goal is to invest in high quality assets that will generate attractive risk-adjusted returns over a long-term holding period.
For additional information please visit the firm’s website at www.GreenCourtePartners.com.