Adam Neumann’s Flow, partners take majority stake in Chetrit’s Miami River megaproject

The Chetrit Group is bringing on a partnership led by billionaire Adam Neumann’s Flow, Canada Global and billionaire Yakir Gabay’s Yellowstone Trust as the majority owners of the planned Miami River District megaproject.  New York-based Chetrit will remain a “significant” minority partner in the 6.2-acre assemblage on the south bank of the river, just east of I-95 and near Brickell, according to sources. The 4-million-square-foot project could eventually include up to 1,900 apartments and condos, 39,000 square feet of retail, office space, a 17-slip marina and 770 parking spaces. Madison Realty Capital provided the developer with a $310 million construction […]This article originally appeared on The Real Deal. Click here to read the full story.