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July 7, 2022

Hamilton Zanze Acquires Property in Odenton, MD

ODENTON, Md. – July 7, 2022 – San Francisco-based real estate investment firm Hamilton Zanze is excited to announce the purchase of Echelon at Odenton Apartments, our 14th acquisition in the state of Maryland. The firm closed the deal on this Class-A property on June 28, 2022.

The Echelon at Odenton property is a garden-style community built in 2016 on 6.6 acres. The property was 97% occupied at purchase and is comprised of a single-story central clubhouse and two five-story residential buildings. These units range from 759 square feet to 1,456 square feet. The community includes several upscale amenities such as a state-of-the-art theater, barbecue and grilling areas, clubhouse, TV lounge and bar, playground, game room, pool, covered bike storage, and many others. Unit amenities include storage space, in-unit washers/dryer, stainless steel appliances, walk-in closets, loft floorplans, high ceilings, and more.

“We are excited to further expand our presence in Maryland with the purchase of Echelon at Odenton,” said David Nelson, Hamilton Zanze’s chief investment officer. “The 2016 mid-rise asset features best-in-class amenities, central location near the largest employers in the state of Maryland like Fort Meade, and close proximity to an abundance of retail and entertainment in Downtown Baltimore. This property is in a strong position due to its stable, high-income tenant base employed in essential roles across military and government positions.”

The property is located at 315 Nevada Avenue in Odenton, located in the Baltimore Metropolitan Area. Its position within the Baltimore MSA provides easy access to major employment markets and entertainment options. There are 10 Fortune 500 companies are based in the Baltimore metro, including McDonalds, DISH Network, Dollar Tree, and International Paper. Odenton is also a top regional destination for locals and tourists, as it offers many unique restaurants, coffee shops, outlets, amusements rides, and events. With this latest acquisition, HZ now owns and operates six properties in the Baltimore market.

HZ’s capital improvements will include site and landscaping enhancements, amenity updates, unit maintenance repairs, and sustainability implementation. Management of the property has also been transitioned to HZ affiliate Mission Rock Residential, a Denver-based company.

ABOUT HAMILTON ZANZE
Hamilton Zanze (HZ) is a private, San Francisco-based real estate investment company that owns and operates apartment communities. Since its founding in 2001, Hamilton Zanze has acquired over $5.9 billion in multifamily assets primarily in the Western, Southwestern, and Eastern U.S. The company currently owns and operates 132 properties (22,821 units) across 17 states and 30 markets. For additional information, visit www.hamiltonzanze.com.



June 15, 2022

Hamilton Zanze Sells Multifamily Community in Richmond Metro

RICHMOND, Va. – June 15, 2022 – San Francisco-based real estate investment firm Hamilton Zanze is pleased to announce the sale of Hunter’s Chase Apartments in the desirable Chesterfield County submarket of Richmond, Virginia. The firm purchased the property in 2017 and the sale closed on May 25, 2022.

During their ownership, Hamilton Zanze completed a successful unit renovation campaign, an office and gym renovation, landscaping improvements, siding replacement and paint, balcony and deck repairs, and an asphalt mill and repave.

“Hunters Chase is one of our early northeast acquisitions. In a partnership with Aegon Asset Management, over $8.5 million in property improvements were completed. Some of these improvements included a property wide siding replacement, unit renovations, club house upgrades, and full window replacements. HZ asset and project management teams were able to complete all property improvements within three years of acquisition.” said Anthony Ly, senior director of dispositions at Hamilton Zanze. “Hunters Chase returns exceeded initial expectations and occurred in just five years versus the projected 10-year hold period. We are grateful in identifying an opportunity like Hunters Chase with a partner like Aegon who shared the same vision in realizing the upside in the property.”

Hunter’s Chase was built in 1986 and is located at 5200 Hunt Master Drive in Midlothian. The property comprises 320 one-, two-, and three-bedroom units averaging 816 square feet. The community features a resort-style swimming pool, 24-hour fitness center, tennis courts, self-service car wash, and two playgrounds with a rock-climbing wall.

Hunter’s Chase is located just over 18 miles southwest of Downtown Richmond in the Chesterfield County submarket. Richmond’s diverse economy is built around a mix of healthcare, government, and finance jobs. Major Richmond-area employers include Philip Morris USA, Amazon.com, the U.S. Department of State, the United States Postal Service, HCA Virginia Health System, Wal-Mart Stores Inc., and Anteon Corporation. Due to Chesterfield County’s central location and excellent transportation infrastructure, the region has become a manufacturing and distribution hub, home to the headquarters of major manufacturers like DuPont and Honeywell, Inc.

ABOUT HAMILTON ZANZE
Hamilton Zanze (HZ) is a private, San Francisco-based real estate investment company that owns and operates apartment communities. Since its founding in 2001, Hamilton Zanze has acquired over $5.9 billion in multifamily assets primarily in the Western, Southwestern, and Eastern U.S. The company currently owns and operates 133 properties (22,087 units) across 17 states and 29 markets. For additional information, visit www.hamiltonzanze.com.



June 15, 2022

Hamilton Zanze Sells Multifamily Community in Las Vegas Metro

HENDERSON, Nev. – June 15, 2022 – San Francisco-based real estate investment firm Hamilton Zanze is pleased to announce the sale of Miro at the Parc in the desirable Henderson/Green Valley submarket of Las Vegas, Nevada. The firm purchased the property in 2014 and the sale closed on May 25, 2022. Newmark’s Doug Schuster represented sellers at acquisition and disposition.

During their ownership, Hamilton Zanze completed numerous exterior and landscaping improvements, and several amenity upgrades.

“Las Vegas continues to be a solid market with strong population and job growth. Miro at the Parc represents the 10th Las Vegas sale for Hamilton Zanze,” said Anthony Ly, senior director of dispositions at Hamilton Zanze. “We were ahead of schedule with our business plan and returns well exceeded initial expectations. It is great to deliver a win to our investors here.”

Miro at the Parc was built in 2013 and is located at 1651 American Pacific Drive in Henderson. The property comprises 164 one- and two-bedroom units averaging 1,043 square feet. The community has a 5,000-square-foot clubhouse with TV rooms, pool tables, shuffleboard, arcade games, and a 24-hour fitness center. The property also has a pool with a beach area, fire pits, showers, and an infinity hot tub.

Miro at the Parc is in the Henderson/Green Valley submarket of the Las Vegas metro area, one of the most affluent submarkets in the market. The property is conveniently located close to two major freeways, I-515 and I-215, which provide easy access to downtown Las Vegas. Additionally, the property is located just a 20-minute drive west of the Las Vegas Strip, which provides entertainment, shopping, and dining for residents.

ABOUT HAMILTON ZANZE
Hamilton Zanze (HZ) is a private, San Francisco-based real estate investment company that owns and operates apartment communities. Since its founding in 2001, Hamilton Zanze has acquired over $5.9 billion in multifamily assets primarily in the Western, Southwestern, and Eastern U.S. The company currently owns and operates 133 properties (22,087 units) across 17 states and 29 markets. For additional information, visit www.hamiltonzanze.com.



June 15, 2022

Hamilton Zanze Sells Portfolio in Atlanta, GA

ATLANTA, GA- June 15, 2022 – San Francisco-based real estate investment firm Hamilton Zanze is excited to announce the sale of The Residences at Vinings Mountain, a three-property portfolio consisting of the Peak at Vinings Mountain, Lakeside at Vinings Mountain, and The Views at Vinings Mountain. The firm purchased the desirable Georgia properties in 2016 and the sale closed on May 24, 2022.

Throughout their ownership, Hamilton Zanze completed numerous improvements in efforts to improve leasing efforts and increase rental rates. Interior advancements on buildings surrounding the lake at the Lakeside property include the additions of granite countertops and new stainless-steel appliances. Exterior upgrades also helped to improve the overall allure of the portfolio; during ownership HZ performed tree trimming to allow for pool and lake views, built a waterfront gazebo, and extending walking trails around the properties.

“The Residences at Vining’s is a significant disposition for Hamilton Zanze. Prior to 2016, HZ focused on the west coast and southwest markets. The three-property portfolio was our first acquisition in the southeast and laid the foundation for our expansion into the eastern U.S,” said Anthony Ly, senior director of dispositions at Hamilton Zanze. “The Vining’s portfolio exceeded return expectations over the projected five-year hold period. We are pleased with the execution of our business plan that included, unit renovations, clubhouse upgrades and improving management.”

The three assets in the Vinings Portfolio are garden-style Class B+ communities built in 1980 and 1983 on over 53 acres. Together, these gated properties are comprised of 34 total two- and three-story residential buildings with a total of 680 units. The community includes several upscale amenities such as fitness centers, game rooms, kitchen areas, a dog park, a movie theatre, a wine tasting room, a golf simulator, and breathtaking walking trails.

The Vining Properties are just under a 20-minute drive from Downtown Atlanta, offering easy access to Interstates 75 and 285. The community is in close proximity to major employment centers. The properties are only a 2.4-mile drive from one of Atlanta’s top tourist attractions, SunTrust Park, home of the Atlanta Braves. Surrounding the Vining Properties are comparatively affluent neighborhoods, benefitting from stable employment growth from the healthcare, manufacturing, and construction industries.

ABOUT HAMILTON ZANZE

Hamilton Zanze (HZ) is a private, San Francisco-based real estate investment company that owns and operates apartment communities. Since its founding in 2001, Hamilton Zanze has acquired over $5.9 billion in multifamily assets primarily in the Western, Southwestern, and Eastern U.S. The company currently owns and operates 133 properties (22,087 units) across 17 states and 29 markets. For additional information, visit www.hamiltonzanze.com.



June 7, 2022

Hamilton Zanze Buys Multifamily Community in Houston Metro

HOUSTON, Texas. – June 7, 2022 – San Francisco-based real estate firm Hamilton Zanze (HZ) has acquired the 200-unit Park at Waterford Harbor Apartments in Kemah, Texas. This represents HZ’s 26th acquisition in Texas.

The community, built in 1996, is 29 miles southeast of Downtown Houston, which has become a headquarters hub for several Fortune 500 companies including Phillips 66, Sysco, and Hewlett Packard Enterprise.

“We are very excited to add Park at Waterford Harbor to our portfolio and add another asset in the Clear Lake Submarket.” said David Nelson, Hamilton Zanze’s chief investment officer. “Its appealing location on the Kemah Harbor, proximity to NASA’s Johnson Space Center, other strong job drivers in the Houston metro, and the wide range of amenities and floorplans the property offers drew us to the opportunity. Along with our nearby property Signature Point, we look forward to continuing to grow our presence in the Houston MSA.”

The Park at Waterford Harbor Apartments was 96.5% occupied at purchase. The community is located at 1420 Marina Bay Drive in the desirable Clear Lake submarket, approximately 35 minutes from Downtown Houston. The 200 units average 982 square feet with seven different floor plans. Community amenities include a fitness center, dog park, and a putting green. Unit amenities include granite countertops, stainless steel appliances, large closets, and washers and dryers in each unit.

HZ’s capital improvements will include site and building improvements, amenity updates, a unit renovation campaign to update 40 remaining classic units, and sustainability implementation. Management of the property has also been transitioned to HZ affiliate Mission Rock Residential, a Denver-based company.

To learn more about The Park at Waterford Harbor Apartments, please visit https://www.missionrockresidential.com/apartments/tx/kemah/park-at-waterford-harbor/#/

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 ABOUT HAMILTON ZANZE
Hamilton Zanze (HZ) is a private, San Francisco-based real estate investment company that owns and operates apartment communities. Since its founding in 2001, Hamilton Zanze has acquired over $5.8 billion in multifamily assets primarily in the Western, Southwestern, and Eastern U.S. The company currently owns and operates 132 properties (22,821 units) across 17 states and 30 markets. For additional information, visit www.hamiltonzanze.com



May 17, 2022

Hamilton Zanze Sells Multifamily Community in Richmond Metro

RICHMOND, Va. – May 17, 2022 – San Francisco-based real estate investment firm Hamilton Zanze is pleased to announce the sale of Copper Mill Apartments in the desirable Northwest Richmond submarket of the Richmond metropolitan area. The firm purchased the property in 2018 and the sale closed on May 10, 2022.

During their ownership, Hamilton Zanze completed numerous exterior improvements and landscaping improvements, and renovated unit interiors and amenities to improve leasing efforts and increase rental rates.

“Copper Mill was one of the first assets we acquired in the Northeast. This sale represents our first full cycle investment in the state of Virginia.” said Anthony Ly, senior director of dispositions at Hamilton Zanze. “We are pleased to have executed on our business plan which included improving management and upgrading unit interiors and ultimately allowing HZ to deliver a solid return to our investors.”

Copper Mill was built in 1987 and is located at 3400 Copper Mill Trace in Richmond, Virginia. The property comprises 192 one- and two-bedroom units averaging 826 square feet. The community features a swimming pool, fitness center, tennis court, volleyball court, car wash area, and a beautiful lakeside setting.

Copper Mill is located along U.S. 250, a key thoroughfare, and near interstates 64 and 295, providing residents easy access to Downtown Richmond, Short Pump, Washington D.C., and Virginia Beach. The property is also 19.6 miles (22-minute drive) northwest of Richmond International Airport. The Richmond metro area economy is primarily driven by diverse employment in education, healthcare, finance, and government sectors. Nearby academic and research institutions like the University of Richmond and Virginia Commonwealth University continue to supply the metro with a young, educated workforce.

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 ABOUT HAMILTON ZANZE
Hamilton Zanze (HZ) is a private, San Francisco-based real estate investment company that owns and operates apartment communities. Since its founding in 2001, Hamilton Zanze has acquired over $5.8 billion in multifamily assets primarily in the Western, Southwestern, and Eastern U.S. The company currently owns and operates 132 properties (22,821 units) across 17 states and 30 markets. For additional information, visit www.hamiltonzanze.com.



May 9, 2022

‎Podcast: Elevate with Tyler Chesser: Growing a Multifamily Portfolio from a Duplex to 25,000 Units, 1031 Exchange Best Practices, and Tips for Evaluating Risk

HZ’s Founding Principal and Co-Chair, Mark Hamilton, joined Elevate with Tyler Chesser to discuss timeless real estate wisdom, covering Mark’s inspiring story of growing his real estate portfolio, how to navigate a 1031 exchange, how to evaluate opportunities and risk, and much more.

Check out the full episode below or on Spotify.



May 5, 2022

Multifamily Investor Hamilton Zanze Acquires Baltimore Apartment Community

BALTIMORE, MD – May 5, 2022 – San Francisco-based real estate firm Hamilton Zanze (HZ) has acquired the 304-unit Jefferson Square at Washington Hill apartment community in Baltimore, Maryland. Cushman & Wakefield and Falconvest Partners facilitated the transaction.

The purchase marks the firm’s 12th acquisition in the state of Maryland. With this latest acquisition, the firm now owns and operates five properties in the Baltimore market, including Arbor Ridge, Point at Winterset, Preserve at Cradlerock, Timbers at Long Reach, and now Jefferson Square at Washington Hill.

“We are excited to expand our presence in Maryland with the purchase of Jefferson Square at Washington Hill,” said David Nelson, Hamilton Zanze’s chief investment officer. “The 2014 asset features favorable amenities, convenient location near employers like The Johns Hopkins Hospital, and close proximity to an abundance of retail and entertainment in Downtown Baltimore.”

The community is located at 101 North Wolfe Street in the desirable Downtown Baltimore submarket of the Baltimore metropolitan area. The property is located just under two miles from the heart of Downtown Baltimore and a seven-minute walk from Johns Hopkins Hospital, which employees over 30,000 people. The property includes 304 units in one five-story residential building. The units average from 850 square feet with 35 different floor plans. Community amenities include a gaming room, fitness center, resort-style swimming pool and sundeck, and a two-story lobby with a grand staircase.

HZ’s capital improvements plan includes amenity, building and site improvements, an interior unit renovation campaign, and environmental upgrades. Additionally, management of the property has also been transitioned to HZ affiliate Mission Rock Residential, a Denver-based company.

To learn more about Jefferson Square at Washington Hill, please visit https://www.jeffersonsquareapartments.com/.

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 ABOUT HAMILTON ZANZE
Hamilton Zanze (HZ) is a private, San Francisco-based real estate investment company that owns and operates apartment communities. Since its founding in 2001, Hamilton Zanze has acquired over $5.8 billion in multifamily assets primarily in the Western, Southwestern, and Eastern U.S. The company currently owns and operates 132 properties (22,821 units) across 17 states and 30 markets. For additional information, visit www.hamiltonzanze.com



April 21, 2022

Hamilton Zanze Names New Chief Executive and Expands Shareholding Partnership from Within

hamilton zanze full logo

APRIL 21, 2022 – SAN FRANCISCO – As the company enters in its third decade, San Francisco-based real estate investment firm Hamilton Zanze (HZ) is pleased to announce a series of important leadership shifts. This next stage comes on the heels of an exceptional year, in which the company acquired more than $1 billion in multifamily properties in the 12-month period.

After leading the company’s investment efforts for more than a decade, company president Kurt Houtkooper today accedes to the role of Chief Executive Officer. Houtkooper joined Hamilton Zanze in 2003, just two years after its founding, and has since been instrumental in shaping the organization. He assumes the title of CEO from Mark Hamilton, a Founding Partner of the company who remains highly engaged in HZ’s senior ranks.

“Kurt has led our investment activity from the early days and has deep regard with our staff, our investors, and our broader real estate partner and brokerage community,” said Hamilton. “His transition to CEO is natural for our continued success. We are lucky to have him at the helm.”

In addition to his day-to-day investment direction role, Houtkooper has been instrumental in the organization’s recent launch of its first discretionary fund, a $50 million fund now allowing the all-star HZ team to invest in unique deals with more agility.

“By expanding our investment offerings to include this new discretionary fund alongside our individual property-based deals, we are growing significantly as we welcome additional institutional investors and investment advisory groups as partners,” said Houtkooper. “Not only is our first discretionary fund nearly fully subscribed, but our team is actively developing additional fund offerings to be launched in the near future as well.”

Along with the CEO transition, the company welcomes six additional new partners from within its leadership ranks. These longtime HZ team members are now vested in ownership alongside Houtkooper, Hamilton, and Tony Zanze:

  • Tim Bruss, Managing Director of Asset Management Tim joined HZ in 2010. As the head of asset management, he focuses on the operations of the properties, driving net operating income, and the execution of business plans. Tim earned a degree in Engineering from Lafayette College and an M.B.A. from the University of Wisconsin, Madison. His credentials include a Certificate in Sustainable Design from the New Jersey Institute of Technology and LEED accreditation. Tim lives in the Bay Area.

  • Ashlee Cabeal, Chief Financial Officer Ashlee joined HZ in 2010 as an intern and has thrived in roles in transaction management before rising to CFO in 2019. Ashlee has a B.S. in Accounting, a B.B.A. in Marketing from Loyola Marymount University, and an M.B.A. from the University of California, Davis. She is a Certified Public Accountant in the state of California. Ashlee lives in the Bay Area.

  • John Gilmore, Managing Director of Project & Risk Management John joined HZ in 2006, bringing experience as a construction manager, risk manager, and asset manager. At HZ, he specializes in budgeting, project management, risk management, insurance, conservation initiatives, and telecommunications initiatives. He holds a B.S. in Industrial Engineering from California Polytechnic State University and an M.B.A. from Fordham University. He lives in Paso Robles, California.

  • Sean Luthy, Managing Director of Investor Relations Sean joined HZ in 2007. Luthy leads the company’s Investor Relations team, responsible for communication with the company’s growing pool of 1,400 investors, providing updates on individual investment opportunities and existing properties. He graduated from Dickinson College with a double major in Economics and Spanish. He lives in Berkeley, California.

  • David Nelson, Chief Investment Officer David joined HZ in 2004 and today leads the company’s transactions team, managing the acquisition and disposition pipeline, arranging financing, and working closely with sellers, commercial brokers, and institutional partners to identify and acquire properties. David is a Bay Area native and graduated with a B.A. in English from the University of San Francisco. Today, he resides in Tennessee and has played a significant role in HZ’s growing nationwide presence.

  • Todd Williams, Chief Counsel Todd joined Hamilton Zanze as general counsel in 2014. He works with all HZ teams, HZ affiliates and subsidiaries, and outside counsel to steward legal matters, affecting the firm’s day-to-day business and its strategic goals. Originally from Sacramento, Todd completed his undergraduate studies at the University of California, Berkeley and obtained his law degree from the University of the Pacific.

“From our early days laying the groundwork for this company, we have gone on to build additional sister organizations and have expanded geographically beyond our earliest expectations,” said Tony Zanze, Founding Partner. “Under this expanded partnership team – a group who have been at the helm for many years — our investors have assured continuity for many years to come with well-seasoned stars leading the charge across all aspects of our operation.”

Hamilton Zanze celebrated its 20th anniversary in 2021 and currently operates with a growing team of nearly 60 staff. During the course of the pandemic, the company has shifted to a more decentralized operational model, with leading members located around the country. They also re-entered their home State of California after an extended absence, acquiring a 60-property portfolio from the federal bankruptcy court along with investment partners Graham Street Realty and Davidson Kempner Capital Management. Read more about that transaction here.

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ABOUT HAMILTON ZANZE
Hamilton Zanze (HZ) is a private, San Francisco-based real estate investment company that owns and operates apartment communities. Since its founding in 2001, Hamilton Zanze has acquired over $5.8 billion in multifamily assets primarily in the Western, Southwestern, and Eastern U.S. The company currently owns and operates 132 properties (22,821 units) across 17 states and 30 markets. For additional information, visit www.hamiltonzanze.com.



April 13, 2022

Hamilton Zanze Sells Niche Apartments in San Antonio Metro

SAN ANTONIO, TX. – April 13, 2022 –San Francisco-based real estate investment firm Hamilton Zanze is pleased to announce the sale of Niche Apartments in San Antonio, Texas. The firm originally purchased the 150-unit, garden-style apartment community was in 2016, and the sale closed on April 5, 2022. The sale of Niche Apartments represents Hamilton Zanze’s second disposition of 2022.

During their ownership, the firm completed numerous exterior improvements, which included renovations to the fitness center, roof replacements, and pool enhancements. Additionally, 54 units were updated with stainless appliances, quartz countertops, and new fixtures to improve the community residents’ quality of life.

“The Niche Apartments’ returns exceeded initial expectations over our projected five-year hold period,” said Anthony Ly, director of dispositions at Hamilton Zanze. “This investment exemplifies our strategy to identify opportunities, invest in and capture upside from multifamily properties through renovations, upgrades, and improved management”.

The Niche Apartments was built in 2000 and is located at 33 Lynn Batts in San Antonio. The property comprises 150 one-, two-, and three-bedroom units averaging 955 square feet. The community has a resort-style pool and spa, a dog park, a fitness center, barbeque and picnic areas, and nature trails.

The Niche is a planned, gated community near Interstate I-410, located in the Oakwell Farms neighborhood in the city of San Antonio just 10-minutes away from the International Airport. Residents have access to its well-maintained facilities including a pool, on-site park, and tennis courts. The neighborhood is roughly 20 minutes away from Downtown San Antonio, putting the amenities and conveniences of the city just a short drive away.

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ABOUT HAMILTON ZANZE
Hamilton Zanze (HZ) is a private, San Francisco-based real estate investment company that owns and operates apartment communities. Since its founding in 2001, Hamilton Zanze has acquired over $5.8 billion in multifamily assets primarily in the Western, Southwestern, and Eastern U.S. The company currently owns and operates 132 properties (22,821 units) across 17 states and 30 markets. For additional information, visit www.hamiltonzanze.com.