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Cardone Capital Pays $89.9M for 282-Unit Naples Multifamily Community

Cardone Capital paid $89.9 million, including 282 Bitcoin, for Orchid Run, a 282-unit apartment development in Naples, Florida. The Inland Real Estate Group of Companies was the seller. Berkadia’s Mat

NNN Triple Net Staff1 min read
Cardone Capital Pays $89.9M for 282-Unit Naples Multifamily Community
Photo: Connect CRE

Cardone Capital paid $89.9 million, including 282 Bitcoin, for Orchid Run, a 282-unit apartment development in Naples, Florida. The Inland Real Estate Group of Companies was the seller. Berkadia’s Matt Mitchell and Chris Burtner arranged the sale on behalf of The Inland Real Estate Group. Completed in 2015, Orchid Run is located at 10991 Lost...

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