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.

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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.

Grant Cardone and Cardone Capital close deal on 31-acre multifamily complex in Delray Beach, Florida

MIAMI: September 28, 2018, Grant Cardone, CEO of Cardone Capital, announced today the acquisition of The Atlantic Delray, a luxury garden apartment development of 346 homes in the heart of highly-coveted Delray Beach, Florida. This is the third sizable acquisition for Cardone Capital in 2018. Cardone Capital, with 5,000 units currently under management has spent over 25 years focusing on investing in income-producing, affordable housing in the secondary and tertiary markets and is changing the way people invest in multifamily real estate by offering real asset ownership, no broker fees, monthly distribution of funds as well as accredited and non-accredited fund offerings.

Mr. Cardone commented, “This incredibly unique property is comprised of a variety of buildings – garden style, two-story and three-story buildings – all situated artfully over thirty-one impeccable acres. The amenities are exceptional, from the resort-style pool and luxury clubhouse to the massive movie theater. All of that with brand-new, high-quality construction”.

“I love this acquisition as a long-term investment for our investors.” – Grant Cardone

Atlantic Delray is situated on a 3.5-acre lake with multiple parks and amenities and in addition is anchored by Atlantic Avenue and its destination restaurants, galleries, shops and boutiques.

Cushman & Wakefield’s Robert Kaplan and Chris Lentz arranged the acquisition financing with a major life insurance company. “The lender was attracted to the transaction because of the financially strong and experienced sponsorship as well as the property’s Class A location, construction quality and proven cash flow” explained Robert Kaplan, Executive Managing Director Cushman & Wakefield Capital Markets Equity, Debt & Structured Finance.

“The Delray property stands out for the fact that it’s a spread-out luxury complex with a garden living experience amid an increasingly dense suburban development approach to multifamily construction,” said Ryan Tseko, Cardone Fund Manager.

For more information on Cardone Capital and investment opportunities, call 310.777.0255 or visit www.cardonecapital.com

About Grant Cardone: Grant Cardone is a New York Times bestselling author, international social media influencer, the number one sales trainer in the world, and an internationally renowned speaker on leadership, real estate, investing, entrepreneurship, social media, and finance. He owns five companies with annual revenues exceeding $100 million.  He is a regular guest on Fox News, Fox Business, CNBC, and MSNBC. He also is a contributing writer for Forbes, Success Magazine, Business Insider, Entrepreneur.com and the Huffington Post.

 

Our offerings under Regulation D Rule 506(c) are available to accredited investors only.

For our Regulation A offering:

Until such time that the Offering Statement is qualified by the SEC, no money or consideration is being solicited, and if sent in response prior to qualification, such money will not be accepted. No offer to buy the securities can be accepted and no part of the purchase price can be received until the offering statement is qualified. Any offer may be withdrawn or revoked, without obligation or commitment of any kind, at any time before notice of its acceptance given after the qualification date. A person’s indication of interest involves no obligation or commitment of any kind. Our Offering Circular, which is part of the Offering Statement, may be found at www.cardonecapital.com/offering