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Cardone Capital nabs apartments in Naples, Florida

Offering memorandum lists $89.75 million purchase price for 282-unit Orchid Run
Cardone Capital bought the Orchid Run apartments in Naples, Florida. (CoStar)
Cardone Capital bought the Orchid Run apartments in Naples, Florida. (CoStar)
CoStar News
August 10, 2026 | 6:45 P.M.

Miami-based Cardone Capital has acquired Orchid Run, a 282-unit luxury multifamily complex in Naples, extending the firm's aggressive Florida buying streak into the state's Gulf Coast.

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