Invesco Real Estate and Bozzuto Establish Investment Program with $1B Deployment Capacity for East Coast Multifamily Assets

Rhea-AI Summary

Invesco Real Estate (NYSE:IVZ) and Bozzuto have announced a significant $330 million multifamily real estate investment program with a total deployment capacity of approximately $1 billion. The joint venture aims to pursue investments across key East Coast markets, combining Invesco's data-driven investment approach with Bozzuto's operational expertise.

The partnership has already completed its first acquisition: Enders Place, a 220-unit apartment community in Orlando's Baldwin Park neighborhood. Bozzuto Management plans to implement improvements to unit finishes and enhance resident experience to add value in this high-demand market.

Positive

• Strategic joint venture with $1 billion total investment capacity
• First acquisition already completed with 220-unit Enders Place in Orlando
• Partnership combines Invesco's $85 billion investment platform with Bozzuto's operational expertise
• Value-add strategy targets recovering market fundamentals

Negative

• Significant capital commitment during evolving market conditions
• Geographic concentration risk focused only on East Coast markets

News Market Reaction

+2.37% 6.1x vol

118 alerts

+2.37% News Effect

+10.5% Peak in 6 hr 22 min

+$208M Valuation Impact

$8.97B Market Cap

6.1x Rel. Volume

On the day this news was published, IVZ gained 2.37%, reflecting a moderate positive market reaction. Argus tracked a peak move of +10.5% during that session. Our momentum scanner triggered 118 alerts that day, indicating very high trading interest and price volatility. This price movement added approximately $208M to the company's valuation, bringing the market cap to $8.97B at that time. Trading volume was exceptionally heavy at 6.1x the daily average, suggesting very strong buying interest.

Data tracked by StockTitan Argus on the day of publication.

Joint venture closes first acquisition in Orlando's Baldwin Park

DALLAS, July 17, 2025 /PRNewswire/ -- Invesco Real Estate, the $85 billion global real estate investment platform of Invesco Ltd., and Bozzuto today announced a $330 million multifamily real estate investment program with an overall investment capacity of ~$1 billion. The new joint venture will pursue investments across key East Coast markets looking to create value by utilizing Invesco Real Estate's data-driven investment process and Bozzuto's operational, construction, and management capabilities.

"Performance is our top priority when investing on behalf of our clients and this venture is anticipated to capitalize on recovering market fundamentals focusing on assets possessing multiple value creation levers," said Greg Kraus, Managing Director and Head of U.S. Transactions, Invesco Real Estate. "We're happy to expand our relationship with Bozzuto on this joint venture that will leverage our time-tested investment process and their operational capabilities."

The venture recently closed its first acquisition, Enders Place, a 220-apartment home community located in Baldwin Park neighborhood in Orlando, FL, where Bozzuto Management will implement a targeted plan to enhance unit finishes and elevate the resident experience to create added value in a dynamic, high-demand market.

"We are pleased to partner with Invesco Real Estate on this program, which positions us to expand purposefully across the East Coast and acquire assets that align with our rigorous investment standards and operational capabilities," said Toby Bozzuto, President and CEO of Bozzuto. "The capital and partnership framework provides the financial flexibility and strategic alignment necessary to navigate evolving market conditions, allowing us to act decisively on opportunities that advance our long-term growth objectives and commitment to investors and the communities we serve."

About Invesco Real Estate
Invesco Real Estate is a global leader in the real estate investment management business with $85 billion in real estate assets under management, 605 employees and 21 regional offices across the U.S., Europe and Asia Pacific as of December 31, 2024. With over a 40-year history, Invesco Real Estate invests across the risk return spectrum, from core to opportunistic; in equity and debt; listed and direct; locally and globally. Invesco Real Estate is a business name of Invesco Advisers, Inc., an indirect, wholly owned subsidiary of Invesco Ltd.

About Invesco Ltd.
Invesco is a global independent investment management firm dedicated to delivering an investment experience that helps people get more out of life. Our distinctive investment teams deliver a comprehensive range of active, passive and alternative investment capabilities. With offices in more 20 countries, Invesco managed $1.8 trillion in assets on behalf of clients worldwide as of March 31, 2025. For more information, visit invesco.com/corporate.

About Bozzuto
Bozzuto is an experience-focused real estate company distinguished by its innovative developments, dedicated customer service, and top-rated workplace culture. With award-winning expertise in homebuilding, multifamily development, construction, and management, Bozzuto is devoted to delivering extraordinary experiences for those they serve.

Since its founding in 1988, Bozzuto has developed, acquired, and built more than 62,000 homes and apartments. Celebrating 37 years of creating sanctuary, Bozzuto currently manages 130,000 apartments and 4 million square feet of retail space across the U.S. For more information, visit Bozzuto.com.

Contact:	Matthew Chisum	212-652-4368	matthew.chisum@invesco.com
	Brianna Stokes	212-323-4588	brianna.stokes@invesco.com

 

FAQ

What is the size of Invesco and Bozzuto's new multifamily investment program?

The program includes a $330 million investment commitment with a total deployment capacity of approximately $1 billion.

Where will IVZ's new real estate joint venture focus its investments?

The joint venture will focus on key East Coast markets, targeting multifamily assets with value creation potential.

What is the first property acquired by the Invesco-Bozzuto partnership?

The venture's first acquisition is Enders Place, a 220-apartment home community located in Baldwin Park neighborhood in Orlando, Florida.

How will the Invesco-Bozzuto partnership create value in their investments?

The partnership will combine Invesco's data-driven investment process with Bozzuto's operational, construction, and management capabilities to enhance properties and improve resident experience.

What is the size of Invesco Real Estate's global investment platform?

Invesco Real Estate manages a $85 billion global real estate investment platform as part of Invesco Ltd.