realestate

Invesco and Bozzuto Launch $1B East Coast Multifamily Investment Program

Invesco Real Estate and Bozzuto Launch $330M Multifamily Investment Program with $1B Capacity.

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nvesco Real Estate and Bozzuto Launch $330 Million Multifamily Investment Program

    The companies have formed a joint venture to invest in key East Coast markets, leveraging Invesco's data-driven approach and Bozzuto's operational expertise. The program has an overall investment capacity of approximately $1 billion.

    "We're focused on delivering strong performance for our clients," said Greg Kraus, Managing Director and Head of U.S. Transactions at Invesco Real Estate. "This venture will capitalize on recovering market fundamentals by targeting assets with multiple value creation opportunities."

    The joint venture recently acquired Enders Place, a 220-apartment community in Orlando's Baldwin Park neighborhood. Bozzuto Management will implement enhancements to unit finishes and resident experience.

    "We're pleased to partner with Invesco Real Estate on this program," said Toby Bozzuto, President and CEO of Bozzuto. "This partnership provides the flexibility and strategic alignment needed to navigate evolving market conditions and drive long-term growth."

    Invesco Real Estate is a global leader in real estate investment management, with $85 billion in assets under management as of December 31, 2024. The company invests across the risk-return spectrum, from core to opportunistic, in equity and debt, listed and direct investments.

Invesco and Bozzuto launch $1 billion East Coast multifamily investment program announcement.