Floyd Mayweather has expanded his real estate empire with the acquisition of a $402 million multifamily portfolio in Upper Manhattan.
The deal, which includes 62 properties and over 1,000 apartments, represents another significant move by the boxing champion as he continues to diversify his investments.
The undefeated fighter, known for his financial acumen outside the ring, announced the acquisition on social media and stated that he owns the properties solely.
“Guess what? All the buildings belong to me, I don’t have no partners,” Mayweather told his 29.7 million Instagram followers. “And all the retails down below on my buildings, all of them belong to me too. Guess what? You can do the same. It’s all about making power moves.”
Mayweather’s entry into New York’s competitive real estate market comes at a time when high borrowing costs have slowed investment activity, particularly in affordable housing. Many of the buildings in the portfolio are rent-stabilized, a factor that often deters institutional investors.
The seller, Black Spruce Management and Arrow Real Estate Advisors, which facilitated the sale, did not respond to requests for comment. Mayweather made the purchase through his new real estate firm, Vada Properties.
This latest acquisition adds to a growing portfolio that already includes major investments across residential and commercial real estate.
Last year, Mayweather sold a $22 million home in Miami’s Biscayne Bay and recently listed his Las Vegas mansion for $12.5 million.
He has also poured $100 million into a luxury rental portfolio valued at $3 billion and invested another $100 million in skyscrapers alongside office landlord SL Green, New York’s largest commercial property owner.
Beyond real estate, Mayweather has been spending more time in New York, with sources indicating he is considering a minority stake in the New York Giants alongside real estate magnate Meyer Orbach.
“No partners, all by myself,” Mayweather said while walking down a street lined with his newly acquired properties. “Over 1,000 apartments, I’m just getting started.”
With a 50-0 record in boxing and a growing real estate empire, Mayweather’s ability to command attention remains unmatched.
As he shifts his focus to property investment, his latest move signals a long-term play in one of the country’s most competitive housing markets.
