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HZ News The Quarters at Towson Town Center Trades For $100M

September 30, 2018

The Quarters at Towson Town Center Trades For $100M

Hamilton Zanze’s acquisition of The Quarters at Towson Town Center was recently featured on GlobeSt.com:

TOWSON, MD–Real estate investment firm Hamilton Zanze and Cantor Fitzgerald have partnered to acquire The Quarters at Towson Town Center residential community here for $100 million. This is HZ’s second acquisition in Maryland, and, along with recent acquisitions in Virginia and Connecticut, is part of San Francisco-based private company’s expansion into the East Coast region.

“The Quarters at Towson Town Center fits our investment criteria perfectly — a large asset above a 5% cap rate in a growing market,” said David Nelson, managing director of acquisitions for Hamilton Zanze, in a prepared statement. “We look forward to continuing to acquire high-quality real estate at good capitalization rates in the Mid-Atlantic and throughout the country in the second half of the year.”

This transaction was Cantor’s second acquisition with Hamilton Zanze this year.

Read the full story at GlobeSt.com.