Society Wynwood Acquired by Flow | Real Estate Services M&A Deal

Flow has completed the acquisition of Society Wynwood, a property management business in Florida, for $15 million. Flow acquires Society Wynwood to manage and reposition the 10-story, 318-unit Wynwood apartment community at 176 Northwest 25th Street and 2431 Northwest Second Avenue in Miami. Society Wynwood provides multifamily leasing and operational oversight, supporting Flow’s real estate services M&A strategy and add on acquisition approach in FL acquisitions. The real estate services deal is structured as an add-on acquisition, with Flow partnering as co-owner alongside Greybrook, and includes an initial $15 million investment plus $10 million planned for capital expenditures and rebranding.