Cardone Capital Approved for 150M New Offerings with Opening of Funds VI & VIII

November 26 23:36 2019
Cardone Capital Approved for 150M New Offerings with Opening of Funds VI & VIII
Cardone Capital continues its growth as an equity firm and as a disrupter within the real estate investment industry with cutting-edge approaches to investments and wealth creation.

Aventura, FL – Cardone Capital has announced that it has been approved for 150M in equity funds that will be made available to both accredited and non-accredited investors. Cardone Equity Funds VI and VIII provide the everyday investor with institutional quality real estate and monthly cash flow directed automatically via ACH either to their cash accounts or self-directed retirement accounts.

“We provide a safe haven investment for investors who would never get access to institutional quality, positive cash flow properties,” says Cardone Capital CEO and founder Grant Cardone. “We find and buy apartments in strong job markets then take over management to stabilize the properties before allowing investors to come in.  That means investors get cash flow within 60 days of investing.”

Cardone Equity Fund VI is a $50M Regulation A fund for non-accredited investors and Cardone Equity Fund VIII is a $100M Regulation D fund for accredited investors. Both funds plan to acquire quality, income producing, multi-family assets in the Southeastern and South Central United States.

“I only buy properties that are located in extremely desirable areas with forecasted high growth,” Cardone comments. “Our focus is on Class A and B, garden-style communities with exceptional amenities and superior tenants.”

To date, both funds have parallel invested in one property located in Panama City Beach, Florida. Built in 2018, 10X Living at Panama City Beach is a 288-unit, Class A property less than ten minutes from the Gulf of Mexico, where residents enjoy world-renowned Emerald Coast Beaches, upscale shopping and premier dining.

This asset offers resort-style amenities that include a clubhouse, business center, internet café, covered pool lounge, outdoor grills and picnic areas, large and small breed dog parks, dog wash facilities, a 24-hour state-of-the-art fitness center and 24-hour concierge service.

“The Panama City area has seen upward of 9 percent rent growth over the past 12 months,” Cardone adds. “And this particular property has an estimated IRR of 17.88%, making it the ideal addition to our portfolio.”

Grant Cardone has been in the business of buying real estate across the USA for over thirty years. His firm’s entire portfolio now consists of 6,537 multifamily units with $1.36 billion AUM. Cardone Capital recently made history by raising $50 million in crowdfunding for its Equity Fund V using social media. As the largest Regulation A crowdfunding ever accomplished, the details have been submitted to the Guinness Book of World Records for validation.

Funds VI and VIII offer all the advantages of a truly passive investment:

  • Cardone manages the property and takes care of all operational overheads linked to the real estate dealings as well as the property maintenance.
  • A regular cash flow is created for the investor, providing an opportunity to attain long-term wealth.
  • Unlike REITs, Cardone Capital investors gets the tax advantages of direct ownership, including the depreciation deduction, without any of the added responsibilities that go along with owning a property.

Executive Vice President Ryan Tseko advises anyone interested not to wait too long to take advantage of Fund VI or Fund VIII:

“There was a waiting list before we even announced these funds were open. They’re already filling up fast.”

For more information about real estate investing with Cardone Capital, visit the website at CardoneCapital.com and click on Schedule a Call.

About Grant Cardone

CEO of Cardone Capital, international speaker, entrepreneur, author of The 10X Rule and creator of 21 best-selling business programs, Grant Cardone owns and operates seven privately held companies and a $1.4 billion portfolio of multifamily properties. Named the #1 marketer to watch by Forbes Magazine, Cardone is also the founder of the The 10X Movement and The 10 Growth Conference, the world’s largest business and entrepreneur conference. 

About Cardone Capital

Cardone Capital locates, negotiates, buys, and manages cash flow multi-family properties then creates investment vehicles for non-accredited investors via Regulation A offerings and Regulation D offerings for accredited investors.  

Cardone Capital’s portfolio currently consists of 6,537 units with a total value of over $1.36 Billion, and has plans to expand 10x over the next five years.

To find out more, visit the website at https://cardonecapital.com/

Our offerings under Rule 506(c) are for accredited investors only.

** = Targeted returns are subject to change. This communication is for informational purposes only and should not be regarded as a recommendation, an offer to sell securities, or a solicitation of an offer to buy any investment products, financial products, or services. Unless expressly stated, no part of this email or attachments is intended to be binding on Cardone Capital, CardoneCapital.com, Grant Cardone or any of his entities or supersede any issuer offering materials. There are risks associated with investing, including principal loss.

FOR OUR CURRENT REGULATION A OFFERING, 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.

For our anticipated 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 https://cardonecapital/offering-1.

Media Contact
Company Name: Cardone Capital
Contact Person: Brian H. Robb, MBA, MSc., Chief Marketing Officer
Email: Send Email
Phone: +1-833-822-7435
Country: United States
Website: https://cardonecapital.com/