Flow House Acquisition | Real Estate Services Deal in FL

Israeli and U.S. private equity investors have completed the acquisition of Flow House, a real estate development business in Florida, for $45 million. Flow House is a Miami Worldcenter condo tower offering furnished short-term rental friendly studios and one- and two-bedroom units, with pool, fitness, spa, cafes, coworking, and entertainment amenities. The real estate services M&A involves FL acquisitions of 72 condo units, priced on average around $625,000, supporting investor rental income and optional leaseback programs. The other acquisition was arranged through a deal platform and financing coordinated by 4everLending USA founder Behnood “Ben” Dalaei and CEO Nezha “Nez” Elabbassy, with reported financing totaling $32 million.