Green Courte Partners has acquired Mountain View Estates, a 170 site age-restricted land-lease community located in Mesa, Arizona.
William Glascott, Green Courte's managing director and head of manufactured housing community acquisitions, says: "We are thrilled with the acquisition of Mountain View Estates. It is a high-quality, age-restricted community in close proximity to one of our existing investments in Mesa, Arizona. 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."
Charles Keith, the community's seller, says: "It has been a pleasure selling Mountain View Estates to Green Courte Partners. They exceeded my expectations and closed ahead of schedule at the full contract price."