Invictus Development, LLC is a real estate and construction startup based in Tampa, Florida, with a focus on inspiring transformation through affordable housing. Founded in 2015, the company is led by Paula Rhodes, President, and Rick Cavalieri, Executive Vice President, who bring a wealth of experience to the table with a combined 22 years in the multifamily affordable housing development industry. Notably, they have worked on mixed-income, mixed-finance communities developed in partnership with public housing authorities.
As a State of Florida certified WBE, Invictus has garnered attention for becoming the development partner of the Central Community Redevelopment Agency of Bradenton, Florida, marking a significant achievement as Norstar’s first local government joint venture in Florida. This move signifies the company's strength in securing partnerships and expanding their presence in the affordable housing sector.
While the details of the last investment and investors are not available at the moment, Invictus Development, LLC's commitment to providing high-quality, affordable housing in collaboration with public bodies highlights their potential for attracting future investment opportunities and partnerships in the real estate and construction industries. Their vision for promoting community development through affordable housing makes them an intriguing prospect for potential investors looking to support impactful initiatives in the housing sector.