GMF Group Expands Portfolio with Acquisition of Three Manufactured Housing Communities in Indiana
GMF Group has announced the acquisition of three manufactured housing communities in Indiana, marking its continued expansion into new markets.
The newly acquired properties include Brookfield and East Indy Estates in Indianapolis and Huntington Estates in Huntington. Together, the communities comprise 301 residential lots and offer a variety of amenities aimed at improving quality of life for residents.
“We are excited to enter the Indiana market with the acquisition of these well-located communities,” said Gabe Monfried, Co-Founder and Managing Partner of GMF Group. “This expansion aligns with our strategy of investing in high-potential markets that offer strong fundamentals and long-term growth.”
This acquisition follows the company’s recent closing of GMF Group Fund II in the fourth quarter of 2024. The fund raised approximately $250 million, which will be used to acquire and enhance manufactured housing communities across the United States.