Boxing legend Floyd Mayweather has just sealed a game-changing real estate deal in Manhattan, acquiring a massive portfolio of 1,000 affordable housing units spread across more than 60 buildings for a staggering $400 million.
The blockbuster transaction—one of the biggest multifamily deals in New York City this year—was arranged through Black Spruce Management, a well-known player in the real estate investment space.
For Mayweather, this is more than just a business move. Growing up in humble beginnings, he knows firsthand the importance of stable housing. Now, as a savvy investor, he’s using his fortune to expand his real estate empire while making a meaningful impact in communities that need it most.
