The new series will follow Cardone as he evaluates real estate projects and decides whether to invest in them.
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Grant Cardone returns to reality TV with a new series in which he will judge novice commercial real estate investors.
Cardone, one of the world’s richest real estate investors who raised his profile on the discovery series “Undercover Billionaire,” will star in the new series “Real Estate,” produced by Cardone’s own 10X Studios Return to the small screen in “The King”. It will follow Cardone as he evaluates real estate projects and decides whether to invest in them.
“No deal is too small or too big,” Cardone said in a statement. “If it’s a great piece of real estate, at the right price, with the right partners, I’ll buy it with my money.”
Cardone is CEO of Cardone Capital, which owns $4 billion in multifamily properties across the country, with many of the 10x-branded properties clustered in South Florida, such as the 10X Riverwalk in Fort Lauderdale and 346 units in Miami 10X Miami River. Cardone Capital buys multifamily properties and then sells minority stakes to investors through crowdfunding and Cardone’s millions of social media followers.
Carden was recently the subject of a class-action lawsuit filed by the daughter of a former investor, who said Carden misled followers by touting future returns from his real estate funds on social media while downplaying the risks associated with any type of investment.
The first season of Real Estate Kings has been licensed by 10X Studios to air on A&E-owned cable channel FYI, according to a press release. The first episode will air in June.
Kaden is currently selling his Florida property. Image: Realtor.com
Cardone is also currently involved in the sale of two mansions on two different coasts: the Malibu mansion he bought in 2022 for $40 million is currently on the market for $65 million, while his Golden Beach, Florida, property is On the market for $42 million — nearly double the $24 million he spent in 2021. Carden said he will accept Bitcoin as payment for both properties.
Cardone told the media that he bought the Malibu mansion after starring in “Undercover Billionaire.” New York Post.
The Malibu hotel is located right on the beach. Image: Realtor.com
“After spending 90 days in the desert pretending to be a broke man, my wife, my wife, and our kids went to Malibu and rented a house. We saw this house while walking and started thinking about buying it. It,” Cardone told the newspaper.
The seven-bedroom Malibu property, built in 2005, is located on the exclusive “Billionaire’s Beach” and has 150 feet of ocean frontage and an infinity pool, according to the listing. The interior features walls of glass, hardwood floors and other high-end finishes.
The Florida property, which Cardone purchased from fashion mogul Tommy Hilfiger, features interiors that highlight Hilfiger’s extensive art collection. The 10,275-square-foot home features a black marble staircase and elevator, as well as oceanfront access and an oceanfront infinity pool.
The Florida-based company is owned by Cardone’s wife, Elena Cardone.
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