Tampa real estate investment firm acquires area complexes

Argyle Real Estate Partners, a Tampa-based real estate investment firm, recently closed on the acquisition of two properties in nearby Lutz. 

Together with Sembler Investments Real Estate Partners, another Tampa Bay firm, it purchased Sage at Cypress Cay, a 324-unit community and Lantana at Cypress Cay, the neighboring 252-unit community both off Bruce B. Downs Boulevard, adding 576 units to their portfolio.

“Sage and Lantana presented an excellent opportunity to jump into our hometown market which has continued to sustain impressive growth over the last several years," says Mark Sembler, CEO at SIREP. “With approximately 30,000 healthcare and education jobs in the immediate vicinity, and its proximity to Downtown Tampa, these two properties are well-positioned to benefit from these growing and diverse employment hubs and provide quality living solutions to these employees.”