Floyd Mayweather Acquired 62 Apartments for $402 Million

Floyd Mayweather has made a significant impact in the real estate market by acquiring 62 apartment buildings in Manhattan for $402 million. This monumental deal, finalized in October 2024, includes over 1,000 affordable housing units primarily located in Upper Manhattan neighborhoods such as Harlem and Washington Heights.

Mayweather’s investment is not just a financial move; it holds deep personal significance for him. Reflecting on his humble beginnings, he expressed that owning these properties fulfills a childhood dream of achieving stability and success. He aims to provide affordable housing options for families in need, emphasizing the importance of hard work and perseverance.

This acquisition is one of the largest multifamily real estate deals in New York City in recent years and showcases Mayweather’s transition from boxing champion to real estate mogul. His portfolio also includes investments in nine skyscrapers alongside SL Green and participation in a casino bid in Times Square.

This strategic move into real estate highlights Mayweather’s commitment to building generational wealth while addressing housing challenges in New York City.

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