GMF Group acquired Fort Pierce Estates in Fort Pierce, Florida, on November 15, 2022, for a recorded price of $2,145,000. Located at 3221 S. US Hwy 1, Fort Pierce, FL 34982, the manufactured housing community includes 54 lots. Fort Pierce Estates is an age-qualified community providing a peaceful refuge and easy access to amenities and attractions along Florida’s Treasure Coast.
Fort Pierce is a hidden gem nestled along the Indian River Lagoon, an inlet protected from the open Atlantic Ocean by a series of barrier islands. Residents can swim, surf, snorkel, and sunbathe on uncrowded, pristine beaches and fish in the lagoon or offshore for saltwater species. Nature lovers can spend hours viewing wildlife at the many local parks and preserves. Boaters will appreciate the Fort Pierce City Marina, acclaimed for providing access to “the best all-weather inlet on the East Coast,” with its many spoil islands ideal for day trips, picnicking, fishing, and kayaking. Golf lovers can test their skills at the Indian Hills Golf Club. Closer to home, residents of Fort Pierce Estates can play a game of shuffleboard at the community court or relax and chat with neighbors in this friendly, welcoming community.
For a small city, Fort Pierce boasts a generous number of attractions and amenities that will keep residents entertained year-round. The National Navy UDT-SEAL Museum honors the service of Navy SEALs and preserves their history through fascinating exhibits, while the A.E. Backus Museum and Gallery showcases the artwork of one of Florida’s premier landscape painters. At the Heathcote Botanical Garden, visitors can stroll through the beautifully landscaped grounds or take a gardening class. Manatees can be seen at the Manatee Observation and Education Center. Meanwhile, in downtown Fort Pierce, residents can find restaurants, cafés, breweries, galleries, museums, historic homes, and boutiques. A waterfront farmers market, holiday celebrations, and street festivals also draw residents and visitors to this charming, vibrant downtown district.
About GMF Group
Matthew Forssman has completed more than $1 billion of real estate transactions. Prior to co-founding GMF Group, he was an investment professional at BentallGreenOak where he executed real estate investments across asset classes. Before joining BentallGreenOak, Matt was Associate, Investments at CIM Group where he was involved in many facets of real estate developments, acquisitions, and financings. Matt Forssman began his career in the Investment Banking Group at Bank of America Merrill Lynch and holds a BA, cum laude, in Economics from Harvard College.
Gabriel Monfried has completed more than $1 billion of real estate transactions. Prior to co-founding GMF Group, he was Vice President at Macquarie Capital where he invested across real estate asset classes in North America and up and down the capital stack. Previously, Gabe was Associate Vice President, Investments at CIM Group, a real estate private equity firm with approximately $30 billion in assets under management. Gabe Monfried began his career in the Investment Banking Group at Goldman Sachs; he holds a BBA with honors in Finance from the University of Wisconsin – Madison.
