F
loyd Mayweather Jr. has formed a new partnership and launched a real estate firm, Vada Properties, which will be based in Trump Tower on Fifth Avenue in New York City. The retired boxer and investor put up $100 million in equity to team with Go Partners on a luxury rental portfolio valued at $3 billion. The joint venture between Go and Vada Properties includes a stake in The Copper, twin residential towers in Murray Hill, as well as a sprawling portfolio developed by the late Sheldon Solow.

    Mayweather has already wired $20 million to Go for the first closing, with the balance to be paid in the first quarter of 2025. Through this partnership, Mayweather is expanding his real estate holdings, which include a recent acquisition of a Black Spruce affordable housing portfolio and an investment in a $10 billion office portfolio owned by 601W Companies.

    Mayweather's new partner, Go Partners, is a joint venture between Meyer Orbach and Josh Gotlib, who have expressed enthusiasm for the partnership. "Floyd shares our view that NYC offers a one-of-a-kind investment opportunity in both affordable and luxury housing," Gotlib said. The deal marks another significant move in Mayweather's growing real estate portfolio, which has seen him invest in various high-profile properties over the past month.