Sixers’ Josh Harris Invests $10 Million in Philly-Based Company

Following the Philadelphia 76ers’ win over the Orlando Magic on Wednesday night, the organization’s Managing Partner Josh Harris pledged to make a significant investment into a Philadelphia-based company, Mosaic Development Partners, on Thursday morning. 

According to a press release, the Harris-Blitzer Sports & Entertainment co-founder pledged to invest $10 million into the minority certified commercial real estate development and project management company, which was founded in 2008.

Although Mosaic Development Partners already has an extensive portfolio with six completed projects over the span of eight years with two more currently in the works, Harris’ investment will help the company grow into something much bigger as they seek to create the largest minority-owned development platform in the Eastern U.S.