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NEWEST OFFERING

Cardone Equity Fund 23, LLC

Offering Description

Cardone Equity Fund 23 offers accredited investors the opportunity to capitalize on strategic real estate investments. Cardone Capital believes that attractive investment opportunities will increase as the US cycles through an inflationary environment. The Fund is seeking up to $150 million in capital commitments to target properties in high-growth markets that have demonstrated substantial increases in population and job creation.

The Fund will strategically target primarily multifamily assets that exhibit strong potential for both near-term income and long-term appreciation. The Fund will consider investing across the risk-return spectrum, including newly built, core properties to Class B properties in Class A locations in need of a value-add program. The Fund may also consider investing in other types of commercial real estate on an opportunistic basis, particularly office properties with an attractive price.

Fund 23 and Cardone Capital’s newest non-accredited vehicle are projected to co-invest at ownership proportions that have yet to be determined. However, if co-investment were to occur it is anticipated Fund 23 will have a majority ownership position in any properties.

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This is not an offer; offers will be made only by means of the Regulation D Offering Documents available herein which may be updated or amended from time-to-time with the most recent Offering Documents. The Regulation D offering under Rule 506(c) is for accredited investors only.

The acquisition of any property identified in this communication is subject to various contingencies and may not be consummated. Past performance is not an indication of future results. Investing involves risk and may result in partial or total loss. Any historical returns, expected returns, or probability projections may not reflect actual future performance. Prospective investors should consider carefully investment objectives, risks, charges and expenses, and should consult with a tax, legal and/or financial adviser before making any investment decision. For additional information, visit cardonecapital.com/disclosures.