What is InVictus Development?
InVictus Development, LLC is a comprehensive multifamily housing development firm headquartered in Tampa, Florida. Established in 2015 by Paula Rhodes and Rick Cavalieri, the company specializes in affordable workforce and mixed-income housing projects, alongside historic renovations. With a combined four decades of experience in the affordable housing domain across the southeastern United States, InVictus Development is a State of Florida certified Woman-Owned Business Enterprise (WBE). The company is dedicated to community transformation through its diverse housing initiatives, catering to individuals and families seeking accessible housing in revitalized urban areas.
How much funding has InVictus Development raised?
InVictus Development has raised a total of $72K across 1 funding round:
Debt
$72K
Debt (2021): $72K with participation from PPP
Key Investors in InVictus Development
PPP
Public-Private Partnership
What's next for InVictus Development?
The recent influx of substantial expansion capital positions InVictus Development for accelerated growth and enhanced project execution. This strategic investment is expected to fuel the company's capacity to undertake larger-scale developments and potentially expand its geographic reach within the southeastern United States. As a WBE-certified entity, the company is well-poised to leverage opportunities in the affordable housing market, further solidifying its role in community development and revitalization efforts. Future endeavors will likely focus on increasing the supply of affordable and mixed-income housing, addressing critical needs in the markets it serves.
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