Blaze Partners recently acquired Sage Stone Oak, a 150-unit, 55-plus, multifamily rental community in San Antonio, Texas. Sage Stone Oak is the first Texas-based investment for Blaze as it expands its portfolio farther into the Sunbelt. Greystar was the seller.

“We have been bullish on emerging and fast-growing markets throughout the Sunbelt and are eager to grow our burgeoning active adult portfolio in Texas,” said Blaze’s Chris Riley.

Recently built in 2020 on a 7.5-acre site, Sage Stone Oak hosts a mix of spacious one- and two-bedroom apartments ranging in size from 829 to 1,172 square feet. Each luxurious unit features private terraces or balconies. Community amenities include a resort-style swimming pool with a sundeck, two private dog parks, a 24-hour fitness and wellness studio with classes, a library, media and game rooms, a community garden and a two-story clubhouse. 

The community is located in the Stone Oak neighborhood just 15 miles north of downtown San Antonio.