Floyd Mayweather Launches New Real Estate Venture Following Major Investment
December 1, 2024 - 01:38
Floyd Mayweather has officially launched a new real estate company aimed at managing a substantial $402 million investment. This ambitious venture comes as a result of a partnership with notable figures Meyer Orbach and Josh Gotlib in New York. The boxing champion, known for his financial acumen, is looking to diversify his portfolio beyond the ring and into the lucrative world of real estate.
The newly established firm will focus on various real estate projects, leveraging the significant capital invested to explore opportunities in both residential and commercial properties. Mayweather's decision to enter the real estate market reflects a growing trend among athletes and celebrities seeking to secure their financial futures through strategic investments.
With his reputation for success and a keen business sense, Mayweather aims to make a lasting impact in the real estate sector. This venture not only underscores his commitment to building wealth but also his desire to create opportunities in the competitive New York market.
MORE NEWS
June 20, 2025 - 01:15
Financing Secured for Major Robotic and Logistics Campus in Wilmington, MABOSTON– JLL Capital Markets has successfully arranged $92 million in financing for the Fordham Park Robotic and Logistics Campus, an impressive 393,911-square-foot Class A industrial development...
June 19, 2025 - 20:08
Understanding Escrow in Real Estate TransactionsSummer is a bustling time in the real estate market, attracting both first-time buyers and those looking to upgrade their homes. Amidst the flurry of activity, potential homeowners often encounter...
June 18, 2025 - 21:34
The NYC Mayoral Race: A Battle Over Housing AffordabilityNew York City has long been a sanctuary for working-class immigrants, but it now holds the title of the most expensive city in the United States. The escalating costs of living and rising rents...
June 18, 2025 - 04:53
eXp Realty Agents Shine in National Hispanic Real Estate RankingsSixty-one agents and teams from eXp Realty have achieved notable recognition by securing spots on the 2025 National Association of Hispanic Real Estate Professionals` Top 250 Latino Agents and...