Green Courte acquires N.Y. manufactured housing community

LAKE FOREST -- Green Courte Partners LLC said it acquired the Parkside Village manufactured housing community in Cheektowaga, N.Y.

The four-star, age-restricted community contains 156 home sites, which have remained 100 percent occupied since the community was developed in suburban Buffalo during the early 1990’s. With the completion of this acquisition, Green Courte now owns two land-lease communities in Cheektowaga, including Sky Harbor, a family community with 638 home sites, approximately seven miles north of Parkside Village.

“We are very pleased to add this high quality community to our portfolio,” said Randy Rowe, chairman of Green Courte Partners. “While this was a relatively small acquisition for our third fund, Green Courte Real Estate Partners III, LLC, we are happy to add to our existing footprint in this market.

“Our focus continues to be on larger communities, but we will make smaller acquisitions in markets where we already have a presence,” he added.