UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 1-U

CURRENT REPORT PURSUANT TO REGULATION A

Date of Report January 11, 2019

Commission File No. 024-10865

Cardone Equity Fund V, LLC

Delaware

(State or other jurisdiction of incorporation or organization)

Cardone Capital, LLC

18909 NE 29th Avenue

Aventura, FL 33180

Office: (310) 777-0255

Email: invest@Cardonecapital.com

All correspondence:

Jillian Sidoti, Esq.

TROWBRIDGE SIDOTI

38977 Sky Canyon Drive – Suite 101

Murrieta, CA 92563

(323) 799-1342

EMAIL FOR CORRESPONDENCE: jillian@crowdfundinglawyers.net

Item 9. Other Events

As of the date of this report, Cardone Equity Fund V, LLC (the “Company”) has received subscription agreements totaling approximately $22,690,0000. Of those subscriptions, $16,670,000 has been collected from subscribers.

On January 1, 2019, Cardone Equity Fund V, LLC purchased an interest in the property known as Atlantic Delray in Delray Beach, FL. The property is a 346-unit Class A apartment building. The total equity in the property is $33.4 million and CEF V invested $6,982,521 in Cardone Delray Member, LLC which owns an interest in Atlantic Delray Beach, LLC which owns the property. Cardone Delray Member, LLC is managed by the Manager. The other member in Cardone Delray Member is Cardone Equity Fund IV, LLC which is a similar fund as V and VI but was offered under Rule 506(c) under Regulation D as opposed to Regulation A.

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Safe Harbor Statement

This Current Report on Form 1-U contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934. You can identify these forward-looking statements by the use of words such as “outlook,” “believes,” “expects,” “potential,” “continues,” “may,” “will,” “should,” “could,” “seeks,” “projects,” “predicts,” “intends,” “plans,” “estimates,” “anticipates” or the negative version of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties, including those described under the section entitled “Risk Factors” in our Offering Statement on Form 1-A, filed with the Securities and Exchange Commission (“SEC”), as such factors may be updated from time to time in our periodic filings and prospectus supplements filed with the SEC, which are accessible on the SEC’s website at www.sec.gov. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in our filings with the SEC. We undertake no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law.

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SIGNATURE

Pursuant to the requirements of Regulation A, the issuer has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Cardone Equity Fund V, LLC

/s/ Grant Cardone                                                     

Grant Cardone, Manager of Cardone Capital, LLC

Manager

January 11, 2019

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