Blaze Capital Partners Closes Sale of Two Metro Atlanta Apartment Communities
Wednesday, May 18th, 2022
Blaze Capital Partners today announces the sales of Stadium Walk, a 309-unit apartment community in the Cumberland-Galleria submarket, and Overlook at Huntcrest, a 299-unit luxury apartment community in Gwinnett County within greater Atlanta, Georgia. The two-pack sale marks Blaze’s successful repositioning of the properties to improve the overall resident experience and deliver exceptional results for both partners and investors.
Since acquiring Stadium Walk and Overlook at Huntcrest in September 2018, Blaze has thoughtfully executed on its strategy of repositioning the garden-style apartment communities into highly amenitized, desirable places to live for residents. Both communities are situated in markets exploding with job growth, investment activity, a plethora of retail, restaurant and entertainment amenities, and premier connectivity around the Greater Atlanta Metro.
“Atlanta has continued to be a strategic investment hub for us with a focus on acquiring institutional quality communities in fantastic growth locations,” said Chris Riley, co-founder and managing partner at Blaze. “With global and regional employer headquarters, unique mixed-use environments like The Battery and Suwanee Town Center, and easy access to neighboring urban and suburban areas, both apartment communities are located in transforming submarkets. We’re pleased with the investments we’ve put into these properties and look forward to exploring additional opportunities across the greater Atlanta area.”