Chicago, Illinois (January 14, 2025) ­– Gary Group Capital LLC ("GGC"), a private equity real estate investment firm focused on niche real estate sectors, announced today that it has acquired Manapogo RV Resort, a 300+ site lakeside campground conveniently located along I-80 in Orland, IN. The property will be managed by Pinecone Resorts, a GGC affiliate management company led by Brett Holmes.

Regarding the transaction, Sean Cunningham, Managing Director at GGC, stated, "This acquisition is an important step in building our RV & Campground resort business. Situated near thriving smaller markets such as South Bend and Ft. Wayne IN and a two+ hour drive from the larger Chicago market, the property's location and superior natural amenities make it well suited for growth. We are excited to expand our footprint in this sector and remain committed to delivering exceptional guest experiences while continuing to build out our portfolio.”

Michael Janabi, Managing Director at GGC, added, "We are pleased to announce that we’ve partnered with an opportunistic equity fund for this transaction. These equity partnerships enable us to broaden our footprint nationally and focus on larger, premier resorts. Sharing a common vision on portfolio goals, we believe collaborations like this will be key drivers of mutual success in the years to come."

James McCaughan, the broker for Yale Realty in the transaction, noted, “After building a relationship with the GGC team over the last year, we are pleased to have successfully completed this transaction with them. Their professionalism and expertise made them excellent partners throughout the sale process and ensured a timely closing.”

About Gary Group Capital

Gary Group Capital LLC is a Chicago-based private equity real estate investment firm focused on niche real estate sectors. The firm has active investments in land-lease communities and RV/Campground resorts. The firm identifies alternative investments that deliver maximum risk adjusted returns while safeguarding investor capital. For additional information, please visit GGC’s website at Gary Group Capital - Alternative Investment Solutions - Home.

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