Green Courte Partners Announces Promotions

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Mar 02, 2015, 03:17 ET

LAKE FOREST, Ill., March 2, 2015 /PRNewswire/ -- Green Courte Partners, LLC, a private equity real estate investment firm focused on building industry-leading companies within niche real estate sectors, today announced the appointments of David B. Lentz as Chief Operating Officer and Steven S. Gearhart as Chief Technology Officer. In addition, Mr. Lentz and Stephen F. Douglass, Managing Director, Asset Management, have been appointed to Green Courte's Management Committee. The firm also announced the promotions of James J. Jago to Vice President and Jon S. Pollan to Senior Associate.

David B. Lentz joined Green Courte in June 2003 as a Vice President and was promoted to Managing Director in January 2008. During his time at Green Courte, Mr. Lentz has served in various roles focused on the firm's land-lease community investment strategy including serving as President and Chief Executive Officer of its operating platform, American Land Lease, Inc., from July 2009 until its acquisition by Sun Communities, Inc. and its affiliates on January 6, 2015. As Chief Operating Officer of Green Courte, Mr. Lentz will oversee all of Green Courte's operating businesses and investments.

Prior to joining Green Courte, Mr. Lentz was Director of Development with Mosbacher Power Group, LLC, a global developer, owner and operator of electric power projects based in Houston, Texas. Mr. Lentz holds a Bachelor of Business Administration in Finance from The University of Texas at Austin and a Master of Science in Real Estate and Urban Land Economics from the University of Wisconsin-Madison.

Steven S. Gearhart joins Green Courte as Managing Director and Chief Technology Officer and will continue to serve in his current role as Senior Vice President and Chief Information Officer of Green Courte's near-airport parking platform, The Parking Spot. As Chief Technology Officer, Mr. Gearhart will oversee the firm's technology initiatives, data analytics and network infrastructure.

Prior to joining The Parking Spot, Mr. Gearhart was a Vice President of the Pritzker Realty Group and an Assistant Professor of Electrical Engineering at the University of Wisconsin-Madison. At the Pritzker Realty Group, Mr. Gearhart was involved in asset management and transactions related to multifamily housing, senior housing, land development, CBD office, and near-airport parking. Mr. Gearhart holds a Doctor of Philosophy in Electrical Engineering from the University of Michigan and a Master of Business Administration from the Kellogg School of Management at Northwestern University.

James J. Jago joined Green Courte in September 2013 as a Senior Associate. During his time with Green Courte, he has served in various capacities within the capital markets and acquisitions groups, including substantial involvement in the monetization of Green Courte's investment in American Land Lease. Most recently, Mr. Jago has been focused extensively on evaluating new niche strategies for potential Green Courte investment and supporting the firm's fundraising initiatives.

Jon S. Pollan joined Green Courte in June 2013 as an Associate. During his time with Green Courte, he has been involved in various aspects of acquisitions, asset management and market research. Most recently, Mr. Pollan has been focused on asset management initiatives for the firm's parking strategy including its near-airport parking platform, The Parking Spot.

About Green Courte Partners, LLC

Green Courte Partners, LLC is a Chicago-based private equity real estate investment firm targeting niche real estate sectors. Currently, the firm's strategies include building fully-integrated companies investing in parking assets, including near-airport, urban, public-private partnerships and special-use assets. 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 www.GreenCourtePartners.com.

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