SAVANNAH, GA., FEBRUARY 2015 – The CEO of Cardone Real Estate Acquisitions, best selling author, sales training expert, and business reality television producer, Grant Cardone closed his first multi-family apartment deal in Savannah, Georgia. Cardone has been very busy in the last few years in the Southeast United States accumulating over 3,500 multi-family apartments. Cardone Real Estate Acquisitions portfolio now exceeds $300,000,000 and extends over 5 states.
“I love everything about Savannah, from the Port of Savannah as one of the fastest growing container ports in the United States to the great schools, friendly and easy going environment to the economic stability and growth opportunities of the city,” says Cardone. Cardone Real Estate Acquisitions’ team relocated to Miami Beach from California after the Governor of California increased state income tax to 13.3%. “There was just no benefit offered by the state of California that was worth paying 13.3% of properties the group owns outside of California,” says Sheri Hamilton, COO of Cardone Real Estate Acquisitions.
Cardone has since sold all his holdings in California and moved all his businesses to the Southeast, buying properties in Stuart, FL., St. Lucie, FL., Lake Worth, FL., Daytona, FL., Orlando, FL., Daphne, AL., Charlotte, NC., Nashville, TN., and now Savannah, GA.. The property acquired, Atrium Trellis, is a 264-unit multi-family community located on the South side of Savannah, 10 miles from downtown, with a 98% occupancy rate and will be renamed.
About Grant Cardone:
Grant Cardone is an American entrepreneur, sales training expert, international speaker, business innovator, and New York Times bestselling author of five books. He is a highly respected salesperson whose passion is to teach people how to sell themselves, their products, and services regardless of economic climate. His books, audio packages, seminars and on-demand business show network provide people of all professional backgrounds with the practical tools necessary to build their path to true freedom. You can also follow Cardone on Twitter @grantcardone or visit http://www.grantcardone.com/
About Cardone Real Estate Acquisitions, LLC:
Founded in 1995, Cardone Real Estate Acquisitions, LLC is a multi-family real estate acquisition firm, which currently owns over 3,400 units across the USA and plans to expand to 5,000 units by the end of 2015. Cardone has acquired properties in San Diego, Tucson, Austin, Houston, Charlotte, Savannah, Daphne, Orlando, Tampa, and Miami. He has worked with real estate giants CBRE, Cushman Wakefield, and Berkshire’s Berkadia in locating and acquiring properties while utilizing Wells Fargo, Northern Trust and PNC for debt. You can find more information at http://cardoneacquisitions.com/