GMF Group, a US-based asset management firm led by Matthew Forssman and Gabriel Monfried acquired Avon Park Village in Avon Park, Florida, on August 26, 2021, for a recorded price of $900,000. Located at 102 North Florida Avenue, Avon Park, FL 33825, the community includes 43 mobile home lots and three site-built units for a total of 46 lots. Avon Park Village offers a welcoming, laid-back community tucked away in a charming, historic central Florida town.
Family-friendly Avon Park Village is a peaceful refuge where residents have easy access to amenities and local attractions. On-site laundry facilities are provided for residents’ convenience, while a shuffleboard court offers a fun place to gather with friends and neighbors for a game or two.
Avon Park is nicknamed “the City of Charm”—a fitting description for this small, yet vibrant town. Residents can stroll through the downtown historic district on Main Street or visit the Avon Park Depot Museum, dedicated to Florida railroad history. Nearby, the Peter Paul Roberts Museum of Art exhibits the works of a master painter who was inspired by the region’s natural beauty. At the Maxwell Groves Country Store, residents can sample the famous orange soft-serve ice cream, sip citrus wine, and purchase fresh fruit, local honey, jams, jellies, and other delicious goods in an authentic “Old Florida” setting.
Outdoor enthusiasts and nature lovers will find plenty to do in and around Avon Park. At Highland Hammock State Park, take a stroll through a cypress swamp on an elevated boardwalk, marvel at old-growth trees, bike a three-mile loop path, or take the tram for a leisurely ride. Wilderness and history come together at the park’s Civilian Conservation Corps Museum, which tells the story of the young men who built several Florida parks during the Great Depression.
Avon Park contains three small lakes within its city limits, including Lake Verona, one the deepest, oldest natural lakes in Florida and perfect for kayaking, canoeing, shore fishing, and even scuba diving. A public beach, playgrounds, and tennis courts are located along its shore. Nearby Tulane Lake is known for its remarkable clarity and underwater visibility up to 30 feet. Both lakes have boat ramps for personal watercraft access. Several other lakes in the region make Avon Park an excellent home base for anyone who loves fishing and boating in the Sunshine State.
About GMF Group
GMF Group is characterized by its innovative approach to real estate investing, with the firm specializing in undercapitalized real estate markets and asset classes.
Based in Palm Beach, Florida, Gabe Monfried serves as Managing Partner of GMF Group and, he started his career at working for Goldman Sachs in New York. During his tenure with the company’s Global Natural Resources investment banking group, Mr. Monfried worked on mergers and acquisitions, initial public offerings and follow-on offerings, debt financings, and other transactions, including M&A and financing work for Dynegy’s acquisition of Engie US in a deal worth a reported $3.3 billion.
Also based in Palm Beach, Florida, Matt Forssman is a driven real estate professional with experience in multiple areas of the industry. Also serving as GMF Group’s Managing Partner, Matthew Forssman is a Harvard College economics graduate who has built a career in finance with a focus on finance and real estate. Mr. Forssman started his career in the Real Estate Gaming & Lodging investment banking group at Bank of America Merrill Lynch in New York. Mr. Forssman also worked for CIM Group in Los Angeles and BentallGreenOak in Los Angeles, where he helped oversee $40 billion in real estate assets under management.
