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HZ Acquires 432-unit Property in Mesa, AZ

hamilton-zanze September 03, 2013

Transactions

Hamilton Zanze expanded its presence in Mesa, AZ with its acquisition of Woodcreek Apartments. HZ bought the garden-style property from AIMCO for approximately $34 million. The acquisition of the 432-unit, 1985-vintage multifamily asset represents the second transaction between HZ and AIMCO in the past 18 months—in April 2012, HZ purchased Greenspoint at Paradise Village, a 336-unit apartment community in Phoenix, AZ from the seller for $29.75 million.