Blaze Capital Partners Expands Portfolio with Acquisition in Vibrant Tampa Market

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Blaze Capital Partners, a rental housing investment management firm, has announced its latest acquisition in the culturally vibrant Ybor City submarket of Tampa. The company has acquired Lector 85, a Class A mid-rise apartment community comprising 254 units.

With a focus on long-term investment opportunities in the rental housing sector, Blaze Capital Partners is actively seeking attractive entry points in great markets. The acquisition of Lector 85 exemplifies their data-driven approach to identifying market dislocations and unlocking value through customized asset enhancement strategies.

Lector 85, built in 2021, offers a range of studio, one, two, and three-bedroom apartments, providing residents with comfortable living spaces. The units feature stainless steel appliances, quartz countertops, full-size washer and dryers, and luxury vinyl plank flooring. The community also offers secured, direct entry parking and a wealth of amenities, including a heated saltwater pool, grilling stations, a 24-hour fitness center, and a pet spa for grooming.

Blaze Capital Partners plans to invest additional capital into the community to further enhance the resident experience and expand the ground-floor retail offerings. This aligns with their commitment to providing high-quality, strategically located rental housing that fulfills the evolving needs of residents.

Tampa, known for its transformational real estate market, continues to be a target investment market for Blaze Capital Partners. The city’s proximity to downtown Tampa, major employers such as the Port of Tampa and Tampa General Hospital, and the bustling Ybor City entertainment district make it an ideal location for residents.

Blaze Capital Partners has been actively growing its housing portfolio throughout the Sun Belt, with recent acquisitions in Orlando and Charleston. They plan to deploy capital opportunistically throughout the remainder of the year, focusing on multifamily, built-to-rent single-family, and active adult housing segments.

To learn more about Blaze Capital Partners and their mission to create homes that align with how people live and want to live, visit their website at www.blazecapitalpartners.com.

Blaze Capital Partners’ latest acquisition in the vibrant Tampa market, specifically Ybor City, showcases their focus on long-term investment opportunities in the rental housing sector. The acquisition of Lector 85, a Class A mid-rise apartment community comprising 254 units, demonstrates their data-driven approach to identifying market dislocations and unlocking value through customized asset enhancement strategies.

Lector 85, built in 2021, offers a range of studio, one, two, and three-bedroom apartments with modern amenities such as stainless steel appliances, quartz countertops, and luxury vinyl plank flooring. The community also provides secured, direct entry parking and a host of amenities including a heated saltwater pool, grilling stations, a 24-hour fitness center, and a pet spa for grooming. Blaze Capital Partners plans to invest additional capital into the community to further enhance the resident experience and expand the ground-floor retail offerings.

Tampa’s real estate market has seen significant transformation, making it an attractive target for investment. The city’s proximity to downtown Tampa, major employers such as the Port of Tampa and Tampa General Hospital, and the bustling Ybor City entertainment district contribute to its appeal as an ideal location for residents.

Blaze Capital Partners’ expansion into Tampa follows recent acquisitions in other Sun Belt cities like Orlando and Charleston. They are actively growing their housing portfolio and plan to deploy capital opportunistically throughout the remainder of the year, with a particular focus on the multifamily, built-to-rent single-family, and active adult housing segments.

Advantages of Blaze Capital Partners’ acquisition in the vibrant Tampa market include:

1. High-growth potential: Tampa’s real estate market has been experiencing significant transformation, presenting opportunities for strong returns on investment.

2. Strategic location: The proximity to downtown Tampa, major employers, and the Ybor City entertainment district enhances the appeal of the acquired property to potential residents.

3. Modern amenities: The community’s well-appointed apartments and a wide range of amenities contribute to a high-quality living experience for residents.

4. Commitment to enhancing value: Blaze Capital Partners’ plans to invest additional capital in the community reflect their commitment to constantly improving the resident experience and expanding retail offerings.

Disadvantages of the acquisition:

1. Market competition: As Tampa continues to attract real estate investors, competition for desirable properties may increase, potentially impacting the acquisition strategy and pricing.

2. Market volatility: Like any investment, the Tampa real estate market is not immune to fluctuations and uncertainties, which may pose risks to the success of the acquisition in the long term.

For more information about Blaze Capital Partners and their mission, visit their website at blazecapitalpartners.com.