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Grant Cardone has been investing in Multi-Family Real Estate since the mid 1990s.

Cardone’s combined 40+ transactions have spanned across 8 states including California, Arizona, Texas, North Carolina, Tennessee, Georgia, Alabama and Florida.

In 2012, Cardone made the single largest private acquisition in Florida which consisted of 5 properties, The Harbour Portfolio, just north of Miami. Cardone competed and prevailed against 38 other groups to be awarded this acquisition.

The $59 million dollar purchase of 1016 units, produces a positive cash flow in excess of 8% a year, using Fannie Mae debt while Cardone’s third party management team takes advantage of no new product development and trending rising rents.

By focusing on value add opportunities in tertiary markets overlooked by REITs and provide some barriers or limitations to new product coming to market.

Team Members

Grant Cardone

President & CEO

Dale Christensen

Physical Structure Analyst - 20 Years

Waypoint Living Management

Third Party - Currently Manages 10000 Units

Sheri Hamilton

Executive Management

William Cave

Debt Analyst - Wells Fargo

Barry D.Lapides

Attorney/Legal Counsel - Miami

Michelle Conley

Accounting - Miami

He recently moved all of his operations to Miami Beach, Florida and is focusing on purchases in the Florida, North Carolina and Alabama markets.

Cardone runs a very tight operation with third party relationships that are tapped into as needed.


To enhance investor’s returns by discovering unique, value add, real estate investment properties that will ensure capital preservation and exceptional returns.

In the News

Author Wants To Invest $1 Billion Worth Of Florida Real Estate Daily Business Review

Grant Cardone Makes Big Miami Real Estate Push

Grant Cardone Acquires South Florida Apartment Portfolio for $58 Million

Grant Cardone Bullish on Florida Acquires Next Apartment Community for $33 Million and Moves Op From California to Florida

Vital Statistics

Average hold time has averaged 31 months.

Current portfolio valued at $350MM.

Average ROI has exceeded 200% (22 consecutive transactions).

Primary investment focus has been value add income producing assets which offer immediate upside and throw off positive cash flow.

The group has been involved in over $425,000,000 of transactions including multi-family, residential, shopping centers and development deals.

Through the use of conservative and realistic acquisition models and by strict discipline and high ethics the group has been able to preserve capital and continue to increase investors returns in all types of economic environments.

Key Business Rules

  1. We never buy “the appreciation” story.
  2. Property must have some significant and obvious value add component.
  3. Willingness to move into or out of a market when economic conditions shift.
  4. Once we have hit or exceeded our Value Ad Target we get out of the market.
  5. We never over leverage a good piece of real estate.

  1. We only buy markets where there exist barriers to entry.
  2. Location is a key criteria.
  3. The group has an impeccable reputation for closing deals and greatly leverage that reputation to insure the best terms and the lowest price.
  4. We never assume on our purchase proforma that we can operate property any better than existing management.

Ownership History

# Units Acq Price Sale Price Years Held
The Trellis Savannah, GA 264 $29,000,000 Still Own
Audubon Park Daphne, AL 344 $34,000,000 Still Own
Nashville Portfolio Nashville, TN 826 $63,000,000 Still Own
Wellington Club Lake Worth, FL 204 $31,950,000 Still Own
Harbour Breeze Stuart, FL 104 $5,000,000 Still Own
Harbour Portfolio St. Lucie, FL 1016 $59,000,000 Still Own
Integra Shores Daytona, FL 288 $32,200,000 Still Own
Somerstone Charlotte, NC 360 $8,280,000 Still Own
Clairmont San Diego, CA 66 $4,200,000 Still Own
Naples Center San Diego, CA Center $23,000,000 Sold 8
Greentree Tucson, AZ 120 $3,000,000 $4,500,000 4
Pueblos Villas Tucson, AZ 161 $4,665,000 $6,800,000 3
Sunset View Oceanside, CA 112 $20,000,000 $21,750,000 4.5
Vista Montana Tucson, AZ 112 $2,815,000 $4,375,000 3.17
Westgate Park Tucson, AZ 239 $7,450,000 $10,850,000 3
Wilmont Vista Tucson, AZ 197 $5,350,000 $8,600,000 3.33
Barcelona San Diego, CA 90 $4,675,000 $6,375,000 2.58
Camelot San Diego, CA 74 $3,500,000 $8,600,000 3.25
Canyon Pointe Tucson, AZ 248 $7,350,000 $9,750,000 3.5
Catalina Mission Tucson, AZ 336 $10,050,000 $12,685,000 2.58
Desert Tree Tucson, AZ 72 $1,800,000 $2,400,000 3.5
Palms LaMesa Tucson, AZ 78 $5,300,000 $7,720,000 3.2
Arcadia Park Tucson, AZ 288 $11,250,000 $15,900,000 2.83
Cedar Wood San Diego, CA 52 $1,750,000 $4,350,000 4
Palermo San Diego, CA 38 $2,250,000 $4,400,000 4
Neptune San Diego, CA 21 $14,500,000 $17,600,000 6
La Mesa San Diego, CA 88 $4,200,000 $5,500,000 3.5
F Street San Diego, CA 78 $3,300,000 $5,000,000 3.5
Montelena Austin, TX 232 $16,000,000 $18,300,000 1.5
Oriole Dr Los Angeles, CA 1 $7,350,000 $17,000,000 8
Sabino Canyon Tucson, AZ 24 $2,000,000
Total 6133 $428,185,000

Current Opportunities

We believe that this current real estate market will create incredible opportunities for patient and savvy individuals who are properly prepared to seize the opportunities to acquire the value add opportunities that will be forced upon the market due to the extreme conditions in our current market condition.

The group’s financial condition, high ethics standing combined with its proven track record will prove to be valuable assets in the acquisition of the right properties and in providing good financing.

Contact Us



Cardone Acquisitions, founded in 1995, is a multi family real estate acquisition run by Grant Cardone. Cardone Acquisitions currently owns over 3400 units across the USA and wants to expand to 5000 units. We are seeking an in-house acquisition Intern for our corporate office located in Miami Beach.

The position requires the candidate work in a variety of capacities. The bulk of this individual’s workload will be comprised of the following tasks:

  • Conduct investment analysis for acquisition including investment underwriting.
  • Able to underwrite and analyze potential investments.
  • Research various property markets, obtain and analyze sales and rent comp studies.
  • Able to oversee third party management of acquisitions.
  • Research and build contact lists to help Acquisitions Team develop leads
  • Support and interact with Executive Team.
  • Prepare investment packages and ad-hoc investor presentations.
  • Perform internal and external REO valuations.
  • Financial analysis for asset management of operating properties.

Desired Skills and Experience:

  • Detail oriented.
  • Familiarity with underwriting of multifamily development and acquisitions.
  • High level of proficiency with Excel and Powerpoint.
  • Highly entrepreneurial, self-motivated, persistent individual with an interest in a career in real estate acquisitions, investment management and/or commercial sales.
  • Excellent verbal and written communication and interpersonal skills.
  • Strong research and analytical ability, strong attention to detail, and ability to work in an Entrepreneurial environment.
  • Must be energetic and able to present Cardone Brand to buyers, sellers, lenders and investors.
  • Able to handle tremendous amounts of activity with little direction.
  • Proactive, detail-oriented work habits with the ability to multi-task, meet deadlines, and function independently and as part of a small team.
  • Must have initiative and be able to achieve objectives with minimal supervision.

Interested in Working with Us?

If you think you have what it takes to be a part of a fast-paced, high-performance team of entrepreneurs and talented real estate industry, investment and asset management experts, we want to hear from you.

For more information about career opportunities at Cardone Acquisitions contact us at: