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Floyd Mayweather Investing $402M With Black Spruce Management

  • Retired boxer Floyd Mayweather is investing $402 million into a 1,000-unit affordable housing portfolio with Black Spruce Management in Manhattan.
  • The deal is one of the city's biggest this year and includes more than 60 buildings in Upper Manhattan.
  • A portion of the portfolio has already closed, with the rest expected to close in late 2021 or early 2022.
  • In addition to this investment, Mayweather recently purchased a set of four luxury timepieces for $1 million.

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