Hamilton Zanze adds $82M buy to portfolio

Hamilton Zanze’s Colorado acquisition of Environs Residential Rental Community was recently featured in the Colorado Real Estate Journal:

“San Francisco-based Hamilton Zanze purchased a Westminster rental community with a distinctly single-family feel.

Hamilton Zanze paid $82 million for Environs, an approximately 30-acre rental community at 3323 W. 96th Circle. The community comprises 318 rental units – a mix of market-rate, single-family houses, patio homes, townhomes and condominiums.

‘Environs presented an opportunity to buy a great asset in a strong submarket,’ said David Nelson, managing director of acquisitions for Hamilton Zanze. ‘With all of the demand for single-family homes today, we believe this property’s unique mix of condominiums, townhomes, patio homes and houses will appeal to a wide renter pool around the region.'”

Visit CREJ.com for the full story.