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Adam Neumann is back in the spotlight, with the WeWork co-founder's real estate firm partnering to buy a Miami office building on an expansive site zoned for two residential towers.

Flow and Israeli investment firm Canada Global acquired the Aventura Corporate Center for $116.2M, according to Tel Aviv Stock Exchange filings reported by the South Florida Business Journal. The partner secured an $80M acquisition loan from Ladder Capital Finance.

New York-based seller Stonecutter Capital Management, led by Scott Zucker and Robert Kunzweiler, originally acquired the site in 2021 for $140M. It financed its purchase with a $112.8M loan from Ladder Capital in 2021, according to the Reonomy property database.