Private Equity

Cardone Capital Announces Close Of Funds Vi And Viii & Opening Of New Opportunity Fund Ix, Changing The Landscape Of Real Estate Investing

by benzinga.com posted 8months ago 171 views
MIAMI, June 30, 2020 /PRNewswire-PRWeb/ -- Cardone Capital, a Miami-based private equity real estate firm founded and managed by Grant Cardone, announces the close of Cardone Equity Funds VI and VIII, which were collectively oversubscribed by $4.2 million. The Funds utilized $112 million of equity and capital raised to purchase four multifamily properties for $350 million, bringing the firms total assets under management to $1.7 billion. Cardone Capital invests in income producing multifamily apartment buildings across the southeast United States.

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