MAURITIUS / JOHANNESBURG / FORT LAUDERDALE: Stewards Investment Capital, a boutique investment advisory firm armed with a 25-year track record across Africa and the United States, has highlighted a major milestone by its strategic partner, FAVO Capital, Inc. (OTC: FAVO), which has completed the $190 million all-stock and assumption-of-liabilities acquisition of 1818 Park, a premier Class-A mixed-use property in downtown Hollywood, Florida.
This milestone transaction underscores the strength of Stewards’ U.S. platform and marks a defining step in FAVO’s diversification strategy – integrating stabilized, income-producing real estate alongside its growing private credit business. By combining real estate and private credit under one integrated platform, Stewards and FAVO are building a resilient, diversified investment model designed to deliver long-term value.
“By uniting the growth potential of private credit with the strength of high-end real estate, our partnership is shaping a distinctive platform that sets a new standard in the global investment landscape,” said CEO of Stewards Investment Capital Bilal Adam. These strategic developments not only expand our global footprint but also highlight our enduring commitment to innovation and long-term value creation. I extend my sincere thanks and congratulations to our U.S. team for their exceptional execution and express our deep appreciation to the market for its continued confidence and support.”
The acquisition of 1818 Park builds on a partnership between Stewards and FAVO that began in 2023. Since then, the alliance has broadened global access for Stewards’ investors, attracted a major investment from one of South Africa’s largest pension funds, and accelerated FAVO’s growth through acquisitions such as Believe Call Center and Lendtech CRM Solutions.
“1818 Park is a natural extension of our shared vision to build a diversified investment platform,” commented Glen Steward, Chairman of Stewards Investment Capital and Chief Strategy Officer of FAVO Capital. “By combining the predictable cash flows of high-quality real estate with the dynamic growth of private credit, we are creating a balanced portfolio designed to perform across market cycles.”
“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,” added the President of FAVO Capital of Shaun Quin. “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.”
