Grant Cardone's Cardone Capital Acquires Multifamily In Miami For $100M

The multifamily property located at 1001 Northwest 7th Street in Miami has been sold in a recent transaction. The deal was completed on 03/29/2022, with a sale price of approximately $100,000,000. The property consists of 346 units, with each unit having a per unit price of $289,017. The asset is part of the multifamily market in Miami.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $100,000,000 (Approx.)
• Address: 1001 Northwest 7th Street, Miami
• Market: Miami

The buyer in this transaction is Grant Cardone, representing Cardone Capital. The seller includes Mast Capital, represented by Camilo Miguel Jr. and Jordan Kornberg, as well as AEW Capital Management. The involvement of these key individuals and companies played a significant role in the completion of the deal.