FAVO Capital (OTC: FAVO), a diversified finance company providing alternative revenue-based funding to SMBs, completed its $190 million all-stock and assumption-of-liabilities acquisition of 1818 Park, a Class-A mixed-use property in downtown Hollywood, Florida. The newly built, high-occupancy asset features residential, office, and retail space with long-term leases, delivering stable cash flow and expanding FAVO’s portfolio into income-generating real estate. Former owners led by GCF Development will become long-term equity partners, ensuring operational continuity. Management said the acquisition strengthens FAVO’s balance sheet, broadens its collateral base, supports larger financing lines, and enhances private credit growth while aligning with the company’s long-term, diversified investment strategy.
To view the full press release, visit https://ibn.fm/kWtLu
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.
NOTE TO INVESTORS: The latest news and updates relating to FAVO are available in the company’s newsroom at https://ibn.fm/FAVO
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