Argyle Real Estate Expands Tampa Presence with Strategic Acquisition of Sage and Lantana Communities
In a significant move within the Southeastern multifamily landscape, Argyle Real Estate Partners, in strategic partnership with Sembler Investments Real Estate Partners, has cemented its presence in the burgeoning Tampa market with the acquisition of Sage at Cypress Cay and Lantana at Cypress Cay. These adjacent core-plus communities in Lutz, Florida, symbolize more than just an expansion—it’s a strategic fortification of Argyle’s local influence with a collective addition of 576 units to their portfolio.
Ryan Reyes, CEO of Argyle, confidently articulates the motivations behind this geographical focus: “Tampa’s explosive growth story began well before the pandemic with submarkets like Lutz reaping the benefits of those tailwinds and emerging as a top destination for professionals and families.” He elaborates, stating, “Given the Tampa Palms submarket’s affluent demographics, proximity to major hospital systems, and projected future growth, we feel great about planting this flag in our backyard with Sage and Lantana.”
These acquisitions underscore the companies’ discerning approach to multifamily investments—selecting properties at the nexus of modern living and opportunity. The communities epitomize the ideal blend of luxury and convenience. Built in 2022 and 2023, respectively, Sage and Lantana boast the latest in “smart” home technology, top-tier amenities, and are strategically nestled within close proximity to ample healthcare, education jobs, and the vibrant urban core of Downtown Tampa.
Echoing Reyes’s enthusiasm, Mark Sembler, CEO at SIREP, said, “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.”
What makes these properties stand out is not just their top-notch offerings, but also their prime positioning to benefit from Tampa’s diversified economy—with employment hubs in healthcare and education serving as catalysts for attracting a sophisticated resident demographic.
With minor capital improvements planned, Argyle aims to heighten the allure of these communities, a testament to their steadfast commitment to excellence and resident satisfaction.
As the multifamily sector continues to evolve, Argyle’s latest move sets a new benchmark for strategic investment, reinforcing the importance of location, community, and opportunity in crafting enviable living experiences.