Grant Cardone: competing bidders in his acquisition screen

When Grant Cardone described the real estate he sought, he included the other prospective buyers. He said he wanted properties that institutions were also interested in purchasing.

The other bidders were part of the description

Cardone discussed moving from a larger group looking at a deal to a smaller group of qualified prospective buyers. He said he would like institutions to be among them.

He named the kind of competition he meant

He used Blackstone as an example of a buyer he would welcome as a competitor. He presented that as an example of his preferred competition.

In Grant Cardone's words

"I would like to have 15 people looking at the deal" (Grant Cardone, Family Office Club event talk introduced by Richard C. Wilson)

How to use this

Record whether other qualified buyers are examining an acquisition.
Keep a stated buyer preference separate from evidence about an individual property.

Questions and answers

What did Cardone say he wanted to see?

Interest from other qualified prospective buyers, including institutions.

Did the example establish an actual Blackstone bid?

He named Blackstone as an example of the kind of competing buyer he meant.