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 creating affordable workforce and mixed-income housing, alongside undertaking historic renovation projects. With a combined four decades of experience in the affordable housing domain across the southeastern United States, InVictus Development, a State of Florida certified Woman-Owned Business Enterprise (WBE), is dedicated to community revitalization through its diverse housing initiatives. The firm targets individuals and families seeking accessible housing solutions in developing neighborhoods.
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 substantial expansion capital secured by InVictus Development signals a strategic push towards scaling its operations and potentially broadening its geographic reach or project portfolio. As a company focused on affordable and mixed-income housing, this financing is likely to fuel the development of new properties, the renovation of existing structures, and the enhancement of community infrastructure. The company's commitment to affordable housing, coupled with its WBE certification, positions it favorably for future growth and partnerships within the real estate development landscape.
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