InVictus Development
Tampa, FL 2–10 employees 5 principals
Last updated by Kathlene
About InVictus Development
InVictus Development is a real estate operator headquartered in Tampa, FL. InVictus Development operates in Montgomery, Alabama, Orlando, Florida and Tampa - St. Petersburg, Florida. Its investment focus is on Affordable Housing, Historic Tax Credits and Multifamily - Ground-up.
InVictus Development, LLC is a full‑service multifamily housing development firm headquartered in Tampa, Florida, founded in 2015 by Paula Rhodes and Rick Cavalieri. The founders carry a combined 40 years of experience in affordable housing development across the Southeast U.S. The firm focuses on affordable, workforce and mixed‑income multifamily housing, as well as historic renovation and commercial projects. It operates as a certified Woman‑Owned Business Enterprise (WBE) under Florida state certification. InVictus has completed or is developing a range of projects. For example, “Parramore Oaks Phase Two” in Orlando comprises 91 units—11 one‑bedroom, 58 two‑bedroom and 22 three‑bedroom—completed in May 2025 and immediately occupied. Combined with Phase One, the firm has delivered 211 units in that neighborhood.
Principals at InVictus Development
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