CHICAGO — Green Courte Partners LLC, a Chicago-based private equity real estate investment firm, has hired Jim Pusateri as the CEO of True Connection Communities, the company’s new senior living operating platform. Pusateri will also join Green Courte as a managing director.
Through its fourth investment fund, Green Courte Real Estate Partners IV LLC and its affiliates, Green Courte has assembled a portfolio of nine senior living properties located in four states totaling over 1,400 units. The firm is seeking additional active adult/independent living investment opportunities to add to its portfolio.
Pusateri has over 25 years of experience in the senior living industry and was heavily involved in the early-stage growth of several significant senior living platforms, including those of Brookdale and Horizon Bay. Throughout his career, he has held various senior management positions in the industry with responsibility for oversight of sales and marketing, operations, hospitality, development and human resources.
Pusateri most recently served as the co-chief operating officer of Senior Lifestyle Corp., an owner, operator and developer of senior living communities with a portfolio of more than 180 properties. Previously, he was a senior vice president of sales at Brookdale, where he was responsible for strategic oversight of the sales teams at over 1,000 communities and developed large-scale sales and training programs for the company.