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Green Courte Partners fund raises $163m

by Zoë Wolff

Green Courte Partners has raised $162.7 million for its Green Courte Real Estate Partners IV fund, according to an SEC filing. The fund is seeking $500 million in equity commitments.

Green Courte Real Estate Partners IIIheld a final close of $406.9 million in September 2011. Green Courte Real Estate Partners and Green Courte Real Estate Partners II have invested in more than $1.1 billion of niche real estate investments. 

Green Courte invests in niche real estate, such as manufactured-home communities and parking assets, according to the firm’s website.

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