Grant Cardone Strikes Again With Another South Florida Multifamily Acquisition
Cardone Capital acquires Camino Real Apartments, a 325-unit multifamily property in Boca Raton, FL. 10x Living at Mizner Park Cardone Capital acquires Camino Real Apartments, a 325-unit multifamily property in Boca Raton, FL. Aventura, FL, May 31, 2021 (GLOBE NEWSWIRE) -- Real estate investment firm, Cardone Capital LLC, announces their acquisition of Camino Real Apartments, a 235-unit apartment community located in downtown Boca Raton. This acquisition is part of the firm’s strategy to provide investors with the opportunity to participate in institutional-grade real estate deals in high-growth markets. The acquisition of the nine-story midrise continues the firm's momentum as it is Cardone Capital’s second acquisition in the desirable Boca Raton market and its fourth acquisition in Palm Beach County. Since the beginning of 2020, the firm has acquired six apartment communities with 2,150 units. The property features an average unit size of 1,117 square feet and several resort-like amenities, including an ocean view sundeck, private pool area, fitness center, movie theatre, racquetball court, and steam rooms. “This property is located in the heart of Boca Raton’s commerce, h