Equity Management Acquires Multifamily Asset From ESG Kullen In Fort Myers For $43M

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.