- Mayweather is partnering with Go Partners, contributing $100M to a $3B JV portfolio that includes high-profile New York City properties.
- Based in Trump Tower, Vada Properties is Mayweather’s new real estate vehicle for affordable and luxury housing investments.
- The JV includes stakes in The Copper Towers and Solow’s portfolio, diversifying Mayweather’s holdings across ultra-luxury and affordable rentals.
According to The Real Deal, continuing a streak of high-profile investments, Floyd Mayweather Jr. invested $100M into a joint venture with Go Partners, a firm led by Meyer Orbach of Orbach Affordable Housing Solutions and Josh Gotlib of Black Spruce Management.
Behind The Scenes
This joint venture will oversee a luxury rental portfolio valued at $3B, spanning iconic properties like The Copper Towers in Murray Hill and the late Sheldon Solow’s portfolio, including One and Two Sutton Place North and 685 First Avenue.
Mayweather’s newly formed Vada Properties will be based in Trump Tower, further cementing his presence in New York City’s high-end real estate scene.
Diversification
The partnership with Go Partners bolsters Mayweather’s growing real estate empire, adding an “ultra-luxury component” to complement his investments in affordable housing.
Earlier this month, Mayweather acquired a $402M Black Spruce affordable housing portfolio in Morningside Heights and took stakes in a $10B office portfolio owned by 601W Companies.
Go Partners aims to leverage Mayweather’s investment to target affordable and luxury rental opportunities in NYC, highlighting the city’s appeal as a unique investment environment.
What’s Next?
Mayweather’s rapid-fire investment spree showcases a shift from sports to high-stakes real estate investing. His ability to attract trophy assets and significant partners like Go underscores the enduring appeal of NYC’s rental market, even amid broader economic challenges.
With Vada Properties now established, Mayweather plans to continue expanding his portfolio across both luxury and affordable sectors. As he diversifies into hospitality and commercial spaces, his involvement in NYC real estate signals growing investor confidence in the city’s long-term potential.
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