Former boxer Floyd Mayweather struck a deal to buy a $402 million affordable-housing portfolio in New York City, a sizable transaction for a property market that’s been largely stalled by higher borrowing costs.

Boxing icon Floyd Mayweather is reportedly poised to spend $402 million on a block of New York apartments, expanding his already impressive property empire.

Floyd Mayweather just made another power move, dropping a whopping $400 million on a set of New York City apartments, according to recent reports. The 47-year-old boxing

Floyd Mayweather JR. has struck one of the largest deals on multifamily in Manhattan this year, with a massive $402 million portfolio acquisition.

Former boxer Floyd Mayweather struck a deal to buy a $402 million affordable-housing portfolio in New York City, a sizable transaction for a property market that’s been largely stalled by higher borrowing costs.

Floyd Mayweather’s portfolio of luxury watches, properties, and cars is already impressive, and now he’s adding a 1,000-unit apartment complex in Manhattan to the mix. First reported by The Real Deal,

Floyd Mayweather has reportedly secured a contract to acquire a substantial portfolio of affordable housing in New York City. According to The Real Deal, the retired boxing champion has agreed to pay $402 million for a collection of over 1,

Retired boxer Floyd Mayweather Jr. is in contract to buy a $402 million affordable housing portfolio from Black Spruce Management.