Israeli And U.S. Investors Acquire 72 Units At Adam Neumann’s Flow House For $45M

The transaction involves the acquisition of 72 units at 697 North Miami Avenue, located in the Miami market, as part of Adam Neumann’s Flow House in Miami Worldcenter. The total transaction value amounts to $45 million, and the per unit price is $625,000.

Summary of transaction details:

• Property Type: Condo
• Transaction Amount: $45,000,000
• Units: 72
• Seller: Adam Neumann - Flow
• Broker: Rena Kliot - Pulse International
• Mortgage Brokers: Behnood Ben Dalaei & Nezha El Abbassy - 4everLending

This transaction involved a group of Israeli and U.S. investors, reflecting a structured deal across multiple buyers over the course of a month. Additionally, $32 million in financing was arranged separately for this transaction.