GMF Group (Led by Matthew Forssman and Gabriel Monfried) Acquires Twin Pines Village, North Fort Myers, Florida

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Twin Pines Village is a manufactured housing community located in North Fort Myers, Florida. Shielded from the hustle and bustle of the city, Twin Pines is a calm oasis surrounded by nature, combining the serenity of its tranquil surroundings with the convenience of a wide selection of onsite amenities. Residents can enjoy friendly shuffleboard games, build connections and friendships with neighbors through the park’s regular clubhouse gatherings, and enjoy easy access to a wide range of amenities, including onsite laundry facilities. Whether staying at the park on a long-term basis or just passing through, all Twin Park Village guests and residents are welcomed to experience Florida’s laid-back charm in this peaceful, countryside retreat.

On April 15, 2024, Twin Pines Village was acquired by GMF Group, a company founded by Matthew Forssman and Gabe Monfried, in a deal worth a reported $15 million. The community includes approximately 170 lots and units.

Situated on the Caloosahatchee River’s northern shore, North Fort Myers is a refreshing blend of urban and rural living. For those keen to immerse themselves in nature, the unspoiled countryside Prairie Pines Preserve invites visitors to explore 17 miles of trails through its unspoiled woods, marshes and prairie land. For kayakers and anglers, the Great Calusa Blueway lies within easy reach, its world-class paddling trail covering almost 200 miles, meandering through coastal waters and inland tributaries. Home to shore birds, crustaceans and abundant marine life, the Great Calusa Blueway Paddling Trail attracts beginner kayakers and advanced paddlers alike to explore its fabled rivers, backwaters, shorelines and bays.

Fort Myers is also home to ECHO Global Farm, a venue that is open to the public, inviting visitors to experience farming at its most creative, with unique demonstrations showcasing innovative technologies and techniques that are making a game-changing impact for farmers and urban gardeners in developing countries. Home to one of the largest tropical food plant collections in the whole of the United States, ECHO Global Farm’s standout Urban Garden tour introduces visitors to some unconventional yet incredibly effective ways to grow crops, even where there is little to no soil.

GMF Group Overview

Founded by Gabriel Monfried and Matthew Forssman, GMF Group is a US asset management firm that adopts an opportunistic approach to real estate investing by focusing on undercapitalized property asset classes and markets. Led by Matt Forssman and Gabe Monfried, the organization owns a diverse range of developments, including Titusville Estates, a manufactured housing community in Titusville, Florida that offers easy access to the wonders of Cape Canaveral Space Force Station and Kennedy Space Center.

Matthew Forssman was educated at Harvard College, where he earned a degree in economics and served as President of the Harvard Investment Association. His former roles include working in the investment banking division at Bank of America Merrill Lynch, where he was responsible for conducting valuation analysis for real estate investment trusts and other assets.

Gabriel Monfried is an alumnus of the University of Wisconsin-Madison, where he received a Bachelor of Business Administration (BBA) in Finance, Investment, and Banking. His professional affiliations include the Manufactured Housing Institute. Prior to founding GMF Group, Gabe Monfried also served as an Investment Banking Analyst for Goldman Sachs in New York; Associate Vice President, Investments for CIM Group in Los Angeles; and Vice President, Principal Investing at Macquarie Capital in New York.

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