Michael Kron Acquires Newport Beach-based NNN Investment Fund
Michael Kron, Advisory Board Chairman, Guardian Net Lease Fund I, LP
We are pleased to announce that Michael Kron has acquired a majority interest in Guardian Advisory, LLC, a real estate investment company based in Newport Beach, CA.
As the Chief Operating Officer of a family-owned business with a portfolio of over 13,000 multi-family units in Arizona and Texas, Kron brings a wealth of real estate expertise to the Guardian Team. With experience spanning more than $3 billion in property transactions, Michael has spearheaded the land acquisition and construction of more than 3,000 apartment units, while simultaneously overseeing the day-to-day operations of the portfolio including the acquisition and financing of new properties, and disposition of projects to restructure the portfolio to maximize market trends and valuations.
Kron, a California licensed attorney and real estate broker, honed his knowledge of real estate and land use while working for six years with the law firm of Alschuler, Grossman & Pines in Century City, CA. Kron holds a B.B.A. in Finance and a J.D./M.B.A. from the University of Michigan.
About Guardian Advisory
Guardian Advisory, LLC is a boutique investment company which controls and will operate a series of investment funds starting with Guardian Net Lease Fund I, LP. The Fund is a retail-focused investment vehicle targeting up to $100 million in equity to reach $250 million in property buying power. It will acquire properties occupied by Fortune 500 single-tenant net leased companies such as Walgreens, CVS, 7-eleven, and O’Reilly Automotive. These national credit tenants have shown the ability to be consistently stable investments. The targeted portfolio will be diversified in geography and industry. The targeted investments of the Fund have also proven the ability to be internet proof, while paying rent without issues during the Covid-19 pandemic.
For more information, please visit https://www.guardiannetlease.com