'Money' Floyd Mayweather To Spend $402M On Affordable NYC Apartment Portfolio [Yahoo! Finance]
New York Times Company (The) (NYT)
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Source: Yahoo! Finance
Boxer Floyd Mayweather isn't just collecting championship belts anymore — now he's after buildings What Happened : According to The Real Deal , the undefeated champ — known for the moniker “Money” — is set to drop a cool $402 million for a 1,000-unit affordable housing portfolio, spread across more than 60 buildings. Don't Miss: This billion-dollar fund has invested in the next big real estate boom, here's how you can join for $10 This is a paid advertisement. Carefully consider the investment objectives, risks, charges and expenses of the Fundrise Flagship Fund before investing. This and other information can be found in the Fund's prospectus . Read them carefully before investing. Powell's moves don't have to doom your high yields. You can still make great returns in private credit. Find out how. On the sell side is Josh Gotlib of Black Spruce Management A slice of the deal already closed on Wednesday, with the rest expected to close in the fourth quarter or early 2025.
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