FAVO Capital Acquires 1818 Park in $190 Million Transaction, Expands Platform into Income-Producing Real Estate - Candlesense

FAVO Capital Acquires 1818 Park in $190 Million Transaction, Expands Platform into Income-Producing Real Estate

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 $190 million all-stock and assumption-of-liabilities acquisition of 1818 Park, a premier Class-A mixed-use property in downtown Hollywood, Florida. This acquisition marks a significant milestone in FAVO’s diversification strategy, adding stabilized, income-generating real estate to its long-term portfolio.