GMF Group (Led by Gabriel Monfried and Matthew Forssman) Acquires Green Oaks Manor, Belleview, Florida
Located in the heart of Belleview, Florida, nestled among majestic oaks and lush greenery, Green Oaks Manor is a peaceful manufactured housing community that presents a friendly and serene environment for guests and residents of all ages. Boasting easy access to local shops, dining venues and outdoor recreation opportunities, Green Oaks Manor offers the ultimate blend of convenience, seclusion and comfort.
Green Oaks Manor is owned and operated by GMF Group, a company founded by Gabriel Monfried and Matthew Forssman. GMF Group acquired Green Oaks Manor on June 26, 2024, in a deal worth a recorded $1.62 million. The park features 40 lots in total, boasting easy access to the nearby Hackaways Golf Driving Range.
A stone’s throw from Green Oaks Manor lies Wilma Loar Splash Park, a facility serving Belleview residents and young people that is open daily. Here, visitors can enjoy covered playscapes with slides, water features and more, utilizing the venue’s picnic tables and restrooms. Also located near Green Oaks Manor is Mossy Oaks Antiques Mall, an 8,000-square-foot venue occupied by over 40 dealers offering an array of antiques and collectibles.
Founded in 1884 around Nine Mile Pond, today known as Lake Lilian, the city of Belleview is known locally as the ‘City with Small Town Charm’. According to local historians, Belleview is an amalgamation of the French words “belle” and “view”, which when combined mean “beautiful vistas”. Boasting an eclectic mix of recreational facilities, Belleview’s main focal point is Lake Lilian, a venue that is particularly popular with local anglers, old and young. The lake’s walking trail and picnic pavilions are popular with locals and visitors alike throughout the summer months.
Many events are staged around Lake Lilian each year, including Light Up Lake Lilian, which takes place in December, the entire lake glowing with holiday cheer. In October, locals celebrate ‘Trunk or Treat’ on the Saturday before Halloween. Other events staged in Belleview include the monthly Friday Foodie Fest, which is held on the banks of Lake Lilian every fourth Friday of the month from January through September.
GMF Group Overview
Having distinguished itself from its contemporaries through its innovative approach, investing in undercapitalized real estate markets and asset classes, GMF Group is a US asset management firm. Both based in Palm Beach Florida, the company’s founders, Gabriel Monfried and Matthew Forssman, are pioneers of the field, having diversified the company’s portfolio considerably.
Gabriel Monfried co-founded GMF Group in 2021 and serves as the company’s Managing Partner. Over the course of his tenure at GMF Group, Mr. Monfried has raised approximately $250 million in equity for GMF Group-affiliated real estate investment vehicles. Gabe Monfried is a graduate of the University of Wisconsin-Madison, having worked simultaneously with his studies as a summer/semester analyst at UBS, Rotunda Capital Partners, Guggenheim Partners, and Credit Suisse. Gabe Monfried has worked at Goldman Sachs (Investment Banking Analyst), CIM Group (Associate Vice President, Investments), and Macquarie Capital (Vice President, Principal Investing). .
A finance and real estate professional with in-depth expertise, Matt Forssman also serves as Managing Partner of GMF Group, drawing on his considerable investment banking and real estate industry experience. An alumnus of Harvard College, Matthew Forssman formerly held positions at Bank of America Merrill Lynch in New York, CIM Group in California, and BentallGreenOak in California, in the latter role helping oversee approximately $40 billion in assets under management.