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Grant Cardone: CardoneCapital acquires Naples BTC Project for $113 million

Grant Cardone: CardoneCapital acquires Naples BTC Project for $113 million
CardoneCapital acquires Naples BTC Project

Grant Cardone, CEO and founder at Cardone Enterprises and Cardone Capital, announced the addition of the Naples BTC Project to CardoneCapital's portfolio.

The acquisition includes a 282-unit class A community and 282 BTC, with a total purchase price of approximately $113 million. Closing is set for Friday.

Cardone Capital has previously returned $78 million of $163 million raised to investors, according to statements from Grant Cardone. In another development, Cardone alleged that SussmanGodfrey lawyers sought to seal a deposition and requested $15 million to $30 million in fees from investors, as reported earlier. These events follow ongoing updates from Cardone regarding firm transactions and legal matters.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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