FAVO Capital Acquires 1818 Park in $190 Million Transaction, Expands Platform into Income-Producing Real Estate
FAVO Capital (OTC: FAVO) has completed a significant $190 million all-stock and assumption-of-liabilities acquisition of 1818 Park, a Class-A mixed-use property in Hollywood, Florida. The newly built property features residential, office, and retail components with high occupancy and long-term lease agreements.
The current owners of 1818 Park, led by GCF Development, will become long-term equity partners in FAVO. This strategic acquisition strengthens FAVO's balance sheet, diversifies its revenue streams, and enhances its collateral base to support its private credit business operations.
The transaction represents a key milestone in FAVO's strategy to combine real estate and private credit under one integrated platform, positioning the company for enhanced lending capacity and improved financing terms.
FAVO Capital (OTC: FAVO) ha finalizzato una significativa operazione di acquisizione da 190 milioni di dollari interamente in azioni e con assunzione di passività su 1818 Park, un immobile di classe A a uso misto a Hollywood, Florida. La proprietà di recente costruzione include unità residenziali, uffici e spazi commerciali con elevata occupazione e contratti di locazione a lungo termine.
Gli attuali proprietari di 1818 Park, guidati da GCF Development, entreranno a far parte di FAVO come partner di capitale a lungo termine. Questa acquisizione strategica rafforza il bilancio di FAVO, diversifica le sue fonti di ricavo e amplia la base di garanzie a supporto delle attività di credito privato.
L'operazione rappresenta una tappa fondamentale nella strategia di FAVO di integrare immobiliare e credito privato in un'unica piattaforma, posizionando la società per una maggiore capacità di erogazione di prestiti e condizioni di finanziamento più favorevoli.
FAVO Capital (OTC: FAVO) ha completado una importante adquisición por 190 millones de dólares íntegramente en acciones y con asunción de pasivos de 1818 Park, una propiedad de clase A de uso mixto en Hollywood, Florida. El inmueble de reciente construcción incluye componentes residenciales, de oficinas y comerciales, con alta ocupación y contratos de arrendamiento a largo plazo.
Los propietarios actuales de 1818 Park, liderados por GCF Development, pasarán a ser socios de capital a largo plazo en FAVO. Esta adquisición estratégica fortalece el balance de FAVO, diversifica sus fuentes de ingresos y mejora su base de colaterales para respaldar sus operaciones de crédito privado.
La transacción supone un hito clave en la estrategia de FAVO de combinar inmobiliaria y crédito privado en una plataforma integrada, posicionando a la compañía para aumentar su capacidad de préstamo y obtener condiciones de financiación más ventajosas.
FAVO Capital (OTC: FAVO)는 플로리다 할리우드에 위치한 A급 복합용도 부동산 1818 Park를 미화 1억9천만 달러 규모의 전액 주식 대금 및 부채 인수 방식으로 인수 완료했습니다. 신축 부동산은 주거, 오피스, 리테일 시설을 갖추고 있으며 높은 점유율과 장기 임대 계약을 보유하고 있습니다.
1818 Park의 현재 소유주들은 GCF Development가 주도하며 FAVO의 장기 지분 파트너가 됩니다. 이번 전략적 인수로 FAVO의 대차대조표가 강화되고 수익원 다변화가 이루어지며 사모대출 사업을 뒷받침할 담보 기반이 개선됩니다.
이번 거래는 부동산과 사모대출을 통합 플랫폼으로 결합하려는 FAVO의 전략에서 중요한 이정표로, 대출 여력 확대와 보다 유리한 금융 조건 확보에 유리한 위치를 마련합니다.
FAVO Capital (OTC: FAVO) a finalisé une importante acquisition de 190 millions de dollars entièrement en actions et avec reprise de passifs d'1818 Park, un immeuble neuf de classe A à usage mixte situé à Hollywood, en Floride. La propriété comprend des espaces résidentiels, de bureaux et commerciaux, avec un taux d'occupation élevé et des baux à long terme.
Les propriétaires actuels d'1818 Park, dirigés par GCF Development, deviendront des partenaires en capital à long terme de FAVO. Cette acquisition stratégique renforce le bilan de FAVO, diversifie ses sources de revenus et améliore sa base de garanties pour soutenir ses activités de crédit privé.
La transaction marque une étape clé dans la stratégie de FAVO visant à rassembler l'immobilier et le crédit privé au sein d'une plateforme intégrée, positionnant la société pour une capacité d'octroi de prêts accrue et des conditions de financement améliorées.
FAVO Capital (OTC: FAVO) hat die bedeutende Übernahme von 1818 Park im Umfang von 190 Millionen US-Dollar, vollständig in Aktien und einschließlich der Übernahme von Verbindlichkeiten abgeschlossen. 1818 Park ist eine Neubau-Immobilie der Klasse A mit gemischter Nutzung in Hollywood, Florida, die Wohn-, Büro- und Einzelhandelsflächen mit hoher Auslastung und langfristigen Mietverträgen umfasst.
Die derzeitigen Eigentümer von 1818 Park, angeführt von GCF Development, werden zu langfristigen Kapitalpartnern von FAVO. Diese strategische Akquisition stärkt die Bilanz von FAVO, diversifiziert die Ertragsquellen und erweitert die Sicherheitenbasis zur Unterstützung des Private-Credit-Geschäfts.
Die Transaktion stellt einen wichtigen Meilenstein in FAVOs Strategie dar, Immobilien und Private Credit auf einer integrierten Plattform zu vereinen, und positioniert das Unternehmen für eine erhöhte Kreditvergabekapazität sowie bessere Finanzierungsbedingungen.
- Strategic acquisition of premium Class-A mixed-use property worth $190 million
- Property features high occupancy rates and long-term lease agreements, ensuring stable cash flow
- Enhanced collateral base to secure larger, more competitive financing lines
- Operational continuity maintained through GCF Development becoming long-term equity partners
- Diversification of revenue streams through addition of stable real estate income
- All-stock transaction and assumption of liabilities may impact existing shareholders
- Significant shift from core lending business into real estate may introduce new operational risks
- Integration challenges of managing a mixed-use property portfolio alongside lending operations
FORT LAUDERDALE, Fla., Aug. 13, 2025 (GLOBE NEWSWIRE) -- via IBN – Aug. 13, 2025 – FAVO Capital, Inc. (OTC: FAVO), a diversified finance company providing alternative revenue-based funding solutions to small and medium-sized businesses (SMBs), today announced that it completed a
1818 Park is a modern, mixed-use development that features residential, office, and retail components. The property, detailed at 1818Park.com, is a newly built, stabilized asset boasting high occupancy and long-term lease agreements across its tenant base, offering durable cash flow and positioning FAVO Capital in the heart of Young Circle, one of South Florida’s most vibrant commercial hubs.
As part of the transaction, the current owners of 1818 Park, led by real estate investment firm GCF Development, will become long-term equity partners in FAVO. This unique structure ensures operational continuity at the asset level and aligns the incentives of all stakeholders as FAVO scales its broader investment strategy.
“1818 Park brings both financial strength and seasoned real estate partners into our ecosystem,” said Vincent Napolitano, CEO of FAVO Capital.
Shaun Quin, President of FAVO Capital added, “This acquisition is more than a real estate play, it’s a deliberate step to strengthen our balance sheet and broaden the collateral base that underpins our private credit business. With a stronger asset position, we can secure larger, more competitive financing lines, expand our lending capacity, and deliver greater value to the SMBs and shareholders we serve.”
"This partnership reflects our shared confidence in FAVO's vision," said Chip Abele, CEO of GCF Development. "We believe in the long-term value of combining real estate and private credit under one integrated platform. This transaction is just the beginning."
Vaughan Korte, Chief Financial Officer of FAVO Capital, added: “Our approach has always been about positioning the company for stability, optionality, and long-term value creation.” Korte added, “Adding a stabilized, income-producing asset of this caliber doesn’t just diversify revenue, it directly supports the growth of our private credit operations by enhancing the quality of the collateral we can leverage in financing negotiations. This positions us to fund more clients, on better terms, while maintaining a durable financial foundation.”
“This acquisition is a natural extension of our vision to build a resilient, diversified investment and global brand strategy. By combining the predictable cash flows of high-quality real estate with the dynamic growth of our private credit business, we are creating a balanced portfolio designed to perform across market cycles," said Glen Steward, Chief Strategy Officer of FAVO Capital and Chairman of Stewards Investment Capital.
About 1818 Park
Situated in downtown Hollywood, FL, 1818 Park is a premier Class-A mixed-use development that blends modern residential living with high-end office and retail space. Designed with sustainability and walkability in mind, the property features sleek architectural design, strong anchor tenants, and long-term lease stability. With easy access to major highways, public transit, and Hollywood's active city center, 1818 Park offers a dynamic hub for business, community, and modern living.
About FAVO Capital, Inc.
FAVO Capital, Inc. (OTC: FAVO) is a diversified finance company. FAVO provides alternative revenue-based funding solutions to small and medium-sized businesses (SMBs) across the United States, complemented by strategic investments in income-producing real estate. Since inception, FAVO has supported more than 10,000 businesses through the purchase of future receipts, while building a portfolio of stabilized, cash-flowing real estate assets that strengthen its balance sheet and expand its collateral base. Headquartered in Fort Lauderdale, FL, with operations in New York and the Dominican Republic, FAVO Capital is committed to financial transparency, sustainable growth, and creating long-term value for its shareholders.
For more information, visit www.favocapital.com and follow us on LinkedIn and X.
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Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements relate to future events or the future financial performance of FAVO Capital, Inc. (the “Company”) and involve known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements.
In some cases, forward-looking statements can be identified by terms such as "may," "will," "should," "expects," "plans," "anticipates," "intends," "believes," "estimates," "projects," "potential," "continues," or similar terminology. These forward-looking statements include, but are not limited to, statements regarding the expected benefits of the website launch, the Company’s upcoming uplisting to Nasdaq, growth strategy, expansion plans, financial performance, and future business prospects.
These forward-looking statements reflect the Company’s current expectations and projections based on information available as of the date of this release and are subject to risks and uncertainties, including but not limited to general economic, financial, and business conditions; changes in market demand; the Company’s ability to successfully execute its strategic initiatives; the Company’s ability to complete complementary acquisitions and dispositions that benefit the Company; the Company’s continued ability to pay operating costs and ability to meet demand for its financial products and services and real estate operations; the Company’s ability to integrate its newly acquired real estate operations with its existing revenue-based funding solutions; competition in the financial services industry and real estate industry; regulatory compliance; and other risks detailed from time to time in the Company’s filings with the Securities and Exchange Commission (SEC), including its most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q.
The Company cautions investors that forward-looking statements are not guarantees of future performance and actual results may differ materially from those projected. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.
Company Contact:
FAVO Capital, Inc.
4300 N University Drive, D-105
Lauderhill, FL 33351
www.favocapital.com
Investor Contact:
Scott McGowan
InvestorBrandNetwork (IBN)
Phone: 310.299.1717
Email: ir@favocapital.com
FAQ
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