Equity Management Acquires Multifamily Asset From ESG Kullen In Fort Myers For $43M
SOLD
$43,000,000
Florida
See Similar DealsMultiFamily329,849 SF
Sold 06/10/2026
SOLD
Equity Management Acquires Multifamily Asset From ESG Kullen In Fort Myers For $43M
4400 Cortina Circle
See Similar DealsMultiFamily329,849 SF
Sold 06/10/2026
Summary
FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$130
Total Square Footage:329,849 SF
Transaction Type:Sale
The multifamily asset located at 4400 Cortina Circle in Fort Myers was acquired for $43,000,000. This property consists of 299 units with a total square footage of 329,849, resulting in a price per unit of $143,812 and a price per square foot of $130.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $43,000,000
- Units: 299
- Square Footage: 329,849
- Price Per Unit: $143,812
- Price Per Square Foot: $130
- Buyer: Equity Management - Ben Mallah & Ben Mallah Jr.
- Seller: ESG Kullen
- Brokers: Sean Shahar Ziv & Ran Ziv - The GLT Group Brokerage
The transaction involved key figures such as Ben Mallah and Ben Mallah Jr., representing the buyer, Equity Management. The seller, ESG Kullen, was represented by Sean Shahar Ziv and Ran Ziv from The GLT Group Brokerage, indicating their role in facilitating the deal.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$2,293,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$152,769.93
Cash-on-Cash Return-1.27%
Monthly Debt Service$203,841.94
Annual Debt Service$2,446,103.25
Is there something missing? Send suggestions