San Francisco–based Hamilton Zanze’s 15-year anniversary was also its strongest-ever year for new multifamily acquisitions. The private real estate investment firm’s $500 million in multifamily assets in 2016 blew past the $2.5 billion milestone, to reach a total of $2.8 billion in multifamily acquisitions for the company.
The firm also took its first step into Georgia last year, with a three-property portfolio acquisition in the Atlanta area.
“By expanding into new markets, we’re setting the stage for a very long-term horizon in which we continue to seek and make investments in properties we understand and believe in, and provide for our investors’ financial security,” said Tony Zanze, COO and co-founder, in a statement.
“Hamilton Zanze is positioned and structured for long-term growth and prosperity,” added Mark Hamilton, CEO and co-founder. “We’re always looking ahead at new programs and anticipating the future as different sources of capital come and go. We want to make sure our growth is thoughtful with higher-quality and larger properties, offering more stable performance going forward.”
Hamilton Zanze currently owns and manages 18,003 apartment units across 85 properties in 10 states.