Blaze Capital Partners Acquires 254-Unit Lector 85 Luxury Apartment Community in Culturally Vibrant Tampa Submarket of Ybor City

TAMPA, FL – Blaze Capital Partners announced the acquisition of Lector 85, a 254-unit apartment community located just minutes from downtown Tampa in Ybor City.
“It’s an incredibly challenging transaction market, but we are continuing to stay active finding compelling, long-term investment opportunities across the rental housing spectrum amidst this period of pricing dislocation,” said Eddy O’Brien, co-founder and managing partner of Blaze. “We believe we are entering an exciting acquisition cycle that presents an opportunity to buy institutional-grade assets in fantastic markets at attractive entry points. The acquisition of Lector 85 exemplifies our data-driven approach in identifying and capitalizing on market dislocations and unlocking value through customized asset enhancement strategies.”
Lector 85 is a Class A mid-rise apartment community built in 2021 and located within the culturally vibrant Ybor City submarket with walkability to abundant nightlife, entertainment, and restaurants. The community is strategically located on Selman Expressway, offering direct access to downtown Tampa and the region’s largest employers including the Port of Tampa, Tampa General Hospital, and the Westshore Business District.
Lector 85 offers residents studio, one, two, and three-bedroom apartments ranging from 518 to 1,255 square feet with unit features that include stainless-steel appliances, quartz countertops, full-size washer and dryers, and luxury vinyl plank flooring. Additionally, residents can delight in the convenience of secured, direct entry parking and an extensive suite of amenities including a heated saltwater pool and grilling stations, a 24-hour fitness center, a pet spa for grooming, and various resident lounge areas. Blaze intends to invest additional capital into the community to further improve the resident experience and expand the ground-floor retail offerings.
“We’re thrilled with the acquisition of Lector 85 and are excited to do our strategic business plot aimed at improving the community and delivering residents an exceptional living experience,” said Chris Riley, co-founder and managing partner of Blaze. “Tampa continues to be one of the most transformational markets in the country and a target investment market for us as we continue to prudently expand our footprint throughout the Southeast. This acquisition is a testament to our commitment to providing high-quality, strategically located rental housing that meets the evolving needs of residents.”
Blaze has continued to grow its housing portfolio significantly throughout the Sun Belt with a focus on multifamily, built-to-rent single family, and active adult housing segments. This acquisition follows the Company’s more recent acquisitions in Orlando and Charleston. Blaze expects to deploy capital opportunistically throughout the remainder of the year with an active pipeline of investments that align with its long-term strategic focus.

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SilverPoint Senior Living Announces Acquisition of WestMark and The Eastman Senior Housing Communities in High-Growth Texas Markets

SAN ANTONIO, TX – SilverPoint Senior Living, a leader in senior living management, announced a strategic partnership with SGL Acquisitions and the acquisition of two significant properties, WestMark Senior Living in San Antonio and The Eastman Senior Living in Longview, TX, both formerly owned by Brookdale Senior Housing.
“SilverPoint’s rapid integration of the WestMark and The Eastman properties marks the beginning of a transformative phase. We are dedicated to enhancing these communities with innovative care and significant improvements aimed at elevating the quality of life for our residents,” remarked Shimon G. Levy, Principal of SGL Acquisitions. “Our approach focuses on nurturing resident well-being, fostering vibrant communities, and ensuring excellence in every aspect of our operations.”
SilverPoint Senior Living and SGL Acquisitions are committed to preserving the valued traditions of WestMark and The Eastman while implementing modern, thoughtful upgrades to enrich the living experience.
Residents, families, and the broader communities in San Antonio and Longview can look forward to a series of beneficial enhancements and developments as this partnership progresses. This venture marks a promising new chapter for both properties, ensuring the highest standards of senior care and living.
Shawn Corzine, CEO of SilverPoint Senior Living, expressed his enthusiasm for this new partnership, stating, “Adding WestMark and The Eastman to our growing family portfolio signifies the start of an exciting and fruitful collaboration with SGL Acquisitions. We are keen to continue enriching the lives of residents in San Antonio and Longview for many years to come.”
SilverPoint Senior Living is renowned for its commitment to high-quality senior living services and enhancing resident well-being. SGL Acquisitions, with its extensive expertise in real estate investments and operational management, is ideally positioned to contribute to a brighter future for WestMark and The Eastman.

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Cityview and Greystar Complete Disposition of 164-Unit Elan Mountain View Apartment Community in Prime Silicon Valley Location

MOUNTAIN VIEW, CA – Cityview, a premier multifamily investment management and development firm, and Greystar, a global leader in the investment, development, and management of real estate, have sold a 164-unit mixed-use project in Mountain View, California. Elan Mountain View features a prime corner location in the heart of Downtown Mountain View as well as 11,000 square feet of fully occupied ground-floor retail space.
With its ideal location, ample amenities and unique retail offerings, Elan Mountain View has been extremely well received by residents and the surrounding community, said Sean Burton, CEO of Cityview. It s been a pleasure to partner with Greystar on this property and we look forward to seeing its continued success.
The community features studio, one-, two- and three-bedroom floorplans that include smart thermostats, keyless entry, quartz countertops, modern cabinetry, full tile kitchen backsplashes, wood vinyl plank flooring, stainless steel appliances and full-size washers and dryers. Select units feature street level walk-up entrances as well as private patios and balconies.
Elan Mountain View features extensive amenities, including a fully equipped fitness center, two-level club room that includes a billiards table and chef s kitchen, hammock lounge, edible garden pathway, private business center and a courtyard with lounge seating, an outdoor kitchen, fireplaces and a fruit garden. The property also offers 164 storage units to residents and secured access parking.
Located at 1030 Castro St., Elan Mountain View offers a primate location less than one mile from the Mountain View Caltrain Station and at the convergence of highways 101, 85 and 237, providing simple access to San Jose, The Peninsula and San Francisco. The area offers a right live-work-play lifestyle for residents, with Downtown Mountain View being home to more than 50 restaurants, bars and shops along with more than 1 million square feet of corporate tenancy. The property is within three miles of some of the fastest growing companies in the Bay Area, including Amazon, Google, Microsoft, Apple and Intuit.
Current onsite retailers include Rose International Market, Mr. Sun, Le s Alterations, Tanya s Hair Design, and Oh! Honey Macaron.
Cityview and Greystar originally broke ground on the development in 2016 and completed construction in 2018.

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