After helping to build and manage a Multifamily Portfolio with over 13,000 units, Michael Kron Turns His Attention to Net Lease Retail

May 18

Michael Kron Guardian Net Lease Fund — Michael Kron

Manager | Guardian Net Lease Fund I, L.P.

Michael Kron is the Chief Operating Officer of a family-owned business with a portfolio of over 13,000 multifamily units in Arizona and Texas. Over the last 29 years, he has spearheaded the land acquisition and construction of more than 3,000 apartment units and is now setting his sights on Net Lease Retail. In June of 2020, he acquired a majority stake in Guardian Advisory, a real estate investment company based in Newport Beach, CA. In January of this year, he acquired the remaining interests in Guardian Advisory.

Kron is now bringing a new Private Equity Fund to the market through Guardian Advisory: Guardian Net Lease Fund I, L.P. 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 leased by Fortune 500 companies such as Walgreens, CVS, 7-Eleven, Dollar General and O’Reilly Automotive on a net lease basis. These tenants allow the Fund to distribute quarterly income to LP investors.

Guardian Net Lease Fund I, L.P. is now accepting capital from investors to raise $100M. Kron has seeded the Fund with a $5M Walgreens in Tempe, AZ. A veteran real estate investor, Kron aims to scale his prudent investment strategies with the Fund. For him, Net Lease Retail is a great sector to invest in due to its passive nature characterized by minimal property management and corporate-guaranteed rent rolls.

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 leased by Fortune 500 companies such as Walgreens, CVS, 7-eleven, and O’Reilly Automotive, on a net lease basis. 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.

About Michael Kron

Michael 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, before joining the family office he has run as its Chief Operating Officer for the last 29 years. Kron holds a B.B.A. in Finance and a J.D./M.B.A. from the University of Michigan.

For more information, please visit https://www.guardiannetlease.com