Cardone Capital Acquires 531-Unit Apartment Complex in Columbia, MD

Cardone Capital Acquires 531-Unit Apartment Complex in Columbia, MD
The deal officially closed on December 20, 2019.

Aventura, FL – Grant Cardone, founder and CEO of real estate investment firm Cardone Capital, is pleased to announce the acquisition of 10X Living at Columbia Town Center, located in Columbia, MD. Built in 2001 and consisting of 531 units, the acquisition will bring Cardone’s portfolio to a total of 23 properties, 7,068 units, and $1.5 Billion AUM.

“We’re thrilled to be able to offer 10X Living at Columbia Town Center to our investors,” says Cardone. “It’s the ideal property to invest in because it’s located in an extremely desirable area with forecasted high growth.  And as with our other properties, it offers exceptional amenities and a superior class of tenants.”

Situated right next to the mall in Columbia, a Whole Foods market, and Merriweather Post Pavillion, 10X Living at Columbia Town Center offers resort-style amenities, and attractive one-, two-, and three-bedroom floor plans.

  • This property features 531 recently renovated units in addition to a revamped amenities package.
  • Residents have easy walking access to the most popular dining, shopping, and entertainment destinations Columbia has to offer.
  • All of the 531 units at Columbia Town Center now feature stainless steel Energy Star appliances, full-size washer and dryers, granite countertops, and updated cabinetry fixtures.

Cardone Capital Acquires 531-Unit Apartment Complex in Columbia, MD 2

Cardone has been buying real estate across the United States for over thirty years. Cardone Capital recently made history by raising $50 million in crowdfunding for real estate using social media, the largest Regulation A crowdfunding ever accomplished.

“You don’t have to be an accredited investor to take advantage of this opportunity,” adds Cardone. “If you’re an ordinary investor wanting to see your money work for you, this is something not to be missed.  You’ll start to see returns on your investment almost immediately.”

Executive Vice President Ryan Tseko advises anyone interested not to wait too long to take advantage of investing in 10X Living at Columbia Town Center.

Executive Vice President Ryan Tseko advises anyone interested in investing to not wait.

“We only have a limited number of spots available, and they’re going to fill up in a hurry. What Mr. Cardone is doing for the everyday investor has never been done before. The reason so many people are moving to Cardone Capital as an investment vehicle is because Grant buys the property with his money and stabilizes the property to make sure it cash flows. Additionally, he distributes the cash flow every single month while passing off tax advantages once reserved only for the very wealthy, to everyday investors.  And he is always looking for value-add opportunities.”

For more information about multifamily real estate investing, visit 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 $1.5 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 23 properties, 7,068 units, and $1.5 Billion AUM, with 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.⁠ ⁠

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, when filed, may be found at sec.gov or on our website at cardonecapital.com.

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/