News about Grant Cardone

Florida condo owners fight back after facing $3,000 hike in fees each month amid real estate crisis

www.dailymail.co.uk, October 14, 2024
Residents of Harborage Condos in Palm Beach are banding together to take on statewide regulations that could lumber them with eye-watering costs by the end of the year. Under the Structural Integrity Reserves Study (SIRS), Florida is requiring condo owners to undergo surveys for repairs to meet new safety rules in the wake of a deadly building collapse in Surfside.

Top investor's chilling warning about Florida's condo crisis with 80% of owners at risk of losing money on their properties: 'Worse than global warming'

www.dailymail.co.uk, September 14, 2024
Grant Cardone believes the Florida condo crisis will have national repercussions due to a 'perfect storm' of 'high interest rates and a tight debt market. 'There is no time left to solve this problem! It is a bigger issue than global warming ,' Cardone - who owns 15,000 units, one home, and two condos - warned.

Banana republics are bad for business: Shark Tank star KEVIN O'LEARY reveals the shocking impact Trump's verdict will have on your family's finances

www.dailymail.co.uk, June 1, 2024
I, like so many others with sizeable investments, managed just two hours sleep Thursday night. For now I have to seriously consider: Do I move my money? I certainly think there could be a real drag on investment in New York State - and City. The trial has wounded New York's once sterling reputation as the safest and most attractive finance capital of the world. Real estate mogul Grant Cardone has already said he'll never do business in New York City again after the Trump verdict. He rightly questions why anyone would invest in the city if they can't ensure fair legal treatment. Why take the risk? If investors like Cardone - who is worth more than $600 million - turn their backs on one of the country's most famous business hubs, the impact will inevitably have trickle down. Less investment means fewer jobs, and less prestige in the eyes of the global economy.

Tens of millions of household savings and retirement funds in jeopardy

www.dailymail.co.uk, May 7, 2024
The word of caution was provided by private equity fund manager Grant Cardone Sunday, as the Down Jones Industrial Average wrapped its third positive day in a row.

Tens of millions of household savings and retirement nest eggs in jeopardy: Investment expert warns of rare market scenario that has only occurred three times in more then 100 years

www.dailymail.co.uk, May 7, 2024
The word of caution was provided by private equity fund manager Grant Cardone Sunday, as the Dow wrapped its third positive day in a row. Prior to that growth continuing Monday, the 66-year-old real estate investor said the state of the US stock market is a cause for concern. As proof, the 20-year vet pointed to the history of the also rising S&P's yield curve, which has been inverted for over 500 days. This has only happened three times in the past century, he said - citing crises in 1929, 1974, and 2009 that came after the invert.

MAGA supporters raised $355 million to pay former president Donald Trump's new legal bill, with GoFundMe raising almost $50,000 within hours of the fraud conviction

www.dailymail.co.uk, February 17, 2024
Elena and Grant Cardone, a scientist, created a GoFundMe page to help pay Donald Trump's new legal bill. The ardent MAGA supporters set up the website just hours after the former president was fined $355 million for lying about his fortune for years. On the page, Elena Cardone wrote, "I stand unwaveringly with President Donald Trump in the face of what I see as unprecedented and unfair treatment by some judicial components in New York."

As the market sees a 'epic' price decline, investment specialist Grant Cardone says 'trophy' real estate will soon be available to everyday Americans

www.dailymail.co.uk, December 17, 2023
The housing market is causing significant challenges for both sellers and buyers alike, with rising house prices and mortgage rates. Grant Cardone, a private equity fund manager and real estate investor, told Fox & Friends that it's all about to change.