Blaze Capital Partners, a Charleston-based rental housing investment firm, announced Dec. 2 it acquired Halcyon Apartments, a 152-unit, garden-style community in Greer. Terms were not disclosed.
“We’re pleased to formally expand our portfolio into the Greenville market with the purchase of Halcyon Apartments,” said Blaze co-founder and managing partner Chris Riley. “As we look to grow our portfolio in the Southeast and across the Sunbelt, we will continue to execute on our strategy of acquiring and developing exceptional rental housing communities in target markets.”
The property consists of two- and three-bedroom residences, which feature:
- Fully-equipped kitchens
- Oversized closets
- Patios or balconies
- Wood-burning fireplaces
The community’s amenities also include:
- Swimming pool
- Fitness center
- Clubhouse
- Tennis court
- Grilling area
- Car care center
Blaze plans to invest several million dollars to enhance Halcyon Apartments, including interior unit renovations and upgrades to exterior facades and community amenities.
The company’s portfolio consists of over 4,000 rental units across North Carolina, South Carolina, Georgia and Florida.
