Grant Cardone & Cardone Capital Officially Opens Real Estate Fund for Non-Accredited Investors
Miami—Cardone Capital, a Miami-based multi-family investment firm, just announced the opening of their Regulation A Crowdfunding Offering, Cardone Equity Fund V. This fund allows non-accredited investors to invest in large, cash-flow positive commercial real estate deals typically reserved for institutions and high net worth investors.
Cardone Equity Fund V was quietly opened to Grant Cardone’s family, friends, and customers over the Christmas holidays and filled $20 million in funds over the holiday weekend.
“Cardone Capital is disrupting the real estate industry and changing the way people invest in great real estate. I’m excited to offer non-accredited investors the opportunity to own a piece of properties typically owned by the super wealthy.” —Grant Cardone, CEO of Cardone Capital.
Grant Cardone has accumulated over $800 million in holdings before starting his crowd funding efforts. In 2018, Cardone opened three funds all of which were over-subscribed resulting in over $100 million in raised funds.
“Grant Cardone is the first person to put together both real estate expertise and a huge social media following to create a successful crowdfunding platform. Investors are now able to invest directly into real assets and partner with him. With both accredited and non-accredited funds available, Cardone Capital is positioning to be the industry leader in 2019.” —Ryan Tseko, Portfolio Manager of Cardone Capital.
Grant Cardone has been investing in real estate for 30 years and controls over 4500 units from Texas to Florida, all of which are affordable multi-family rentals. The group has closed over $400 million in deals in 2018 and is soon set to close another $150 million putting the group over $1 billion in holdings.
“We’re extremely pleased to announce that non-accredited investors have the opportunity to invest with Cardone Capital. This finally gives the less experienced, less capitalized investor access to the kind of deals usually reserved for big players on Wall Street.” —Sheri Hamilton, Chief Operations Officer of Cardone Capital.
About Cardone Capital
Cardone Capital is a private-equity real estate firm that specializes in incoming producing product, mostly in the multifamily housing sector.
With 25+ years of experience in the real estate industry, the firm acquires, improves, and operates multifamily real estate in growth markets in five states; Tennessee, Georgia, Alabama, Texas and Florida.
Cardone Capital’s mission is to identify, acquire and manage income-producing properties in great locations that provide opportunities for investors to preserve capital investments, collect consistent cash distributions while providing future capital appreciation of the assets.
Disclaimer: Our offerings under Rule 506(c) are for accredited investors only.
GENERALLY, NO SALE MAY BE MADE TO YOU IN THIS OFFERING IF THE AGGREGATE PURCHASE PRICE YOU PAY IS MORE THAN 10% OF THE GREATER OF YOUR ANNUAL INCOME OR NET WORTH. DIFFERENT RULES APPLY TO ACCREDITED INVESTORS AND NON-NATURAL PERSONS. BEFORE MAKING ANY REPRESENTATION THAT YOUR INVESTMENT DOES NOT EXCEED APPLICABLE THRESHOLDS, WE ENCOURAGE YOU TO REVIEW RULE 251(D)(2)(I)(C) OF REGULATION A. FOR GENERAL INFORMATION ON INVESTING, WE ENCOURAGE YOU TO REFER TO WWW.INVESTOR.GOV.