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Adam Neumann Nabs $115M to Finish Miami Condo Development

Summary by Commercial Observer
Adam Neumann, the former WeWork CEO, has secured a $155 million financing package to complete his condo development in Downtown Miami.  The debt from Invictus Real Estate Partners and Integritas Capital includes inventory and construction loans for Flow House, a 40-story tower with 466 units at 697 North Miami Avenue. Neumann’s latest venture Flow, which he founded in 2022, is building the project within the 27-acre Miami Worldcenter master deve…
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Commercial Observer broke the news in on Wednesday, April 9, 2025.
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