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I-Drive hotel owner scoops up Disney-area inn, eyes multifamily, retail
Feb 20, 2017 in All    
Ben Mallah, principal and founder of Largo-based Equity Management Partner, is building a portfolio of hotels in Orlando — and he has his sights set on other forms of real estate, as well. His latest acquisition, the 308-room Courtyard Orlando Lake Buena Vista at Vista Centre at 8501 Palm Park [...]

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Largo-based investor pays $21M for 3rd hotel in tourism corridor, seeks more
Feb 20, 2017 in All    
An affiliate of Largo-based Equity Management Partners (EMP) paid a recorded $21 million on Tuesday for the 308-key Courtyard Orlando Lake Buena Vista at Vista Centre, with up to $3 million planned for renovations over the next two years, the company’s founder told GrowthSpotter.
Locate [...]

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2 Manatee apartment complexes fetch $13.6 million
Jan 8, 2017 in All    
MANATEE COUNTY — Companies affiliated with a New York City-based real estate lender paid $13.6 million for two apartment complexes here.
The 168-unit Oaks at Ellenton apartments sold last month for $9.5 million, while the 64-unit Elm Lake Apartments fetched $4.15 million, according to c [...]

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Largo-based real estate owner scoops up I-Drive hotel property, plans upgrades
Oct 11, 2016 in All    
The 176-room Hawthorn Suites by Wyndham Orlando now is owned by Largo-based Equity Management Partners, the same firm that acquired the I-Drive Four Points by Sheraton Orlando Studio City in January. And the new owners plan to invest millions into new renovations.
The hotel was bought in an a [...]

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