HZ Cantare DST
Multifamily property in Hendersonville, TN — sponsored by Hamilton Zanze
Sponsor-reported, from SEC filings and cited sources.
What is this, in one paragraph?
HZ Cantare DST is a Delaware trust — a DST, the passive co-ownership vehicle used in 1031 exchanges — sponsored by Hamilton Zanze, a San Francisco-based multifamily sponsor. Its asset is Cantare at Indian Lake Village, an apartment community in Hendersonville, Tennessee.2 The Trust is raising under Rule 506(b), the private-placement rule that bars public advertising and limits sales to accredited investors. Its filing record is one unamended Form D.
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These links support the historical public record; individual details may come from different sources.
On a 45-day clock? Find day 45 and day 180 from the sale date, then come back to this record.
What exactly is the property?
The Trust's asset is Cantare at Indian Lake Village, an apartment community at 120 Cinema Dr in Hendersonville, Tennessee.3 The Form D was filed as the Trust took title to that property.2 Secondary listing data describes a three-story, 206-unit community built in 2013 — figures that come from a rental listing rather than a primary record, and that a PPM (the private placement memorandum sent to prospective investors) would confirm.4
- Reported location
- Hendersonville, TN
Who is the tenant, and what's the lease?
This is an apartment property, so there is no single tenant: income comes from residents on short-term leases that turn over continually, across one-, two-, and three-bedroom units.5 Mission Rock Residential operates the community day to day.3 No rent roll or lease terms appear in the public record.
How did it end?
No sale or other ending on record
No full-cycle or disposition announcement found; HZ Cantare DST's Form D was filed Oct 19, 2023 to take title to Cantare at Indian Lake Village in Hendersonville, TN, and the property remains actively operated by Mission Rock Residential with active rental listings.
SEC Form D filed Oct 19, 2023 by HZ Cantare DST Manager, LLC (Hamilton Zanze, a San Francisco-based multifamily sponsor). No underlying property name, address, or third-party news coverage was identified for this specific trust in this research.
How is it financed, and what does it pay?
Nothing in the public record, the Form D included, names a lender, states a mortgage balance, or establishes whether the Trust used debt at all. The private placement memorandum is where those terms would be set out.
Who's behind it?
Hamilton Zanze is a San Francisco-based apartment owner and operator that sponsors multifamily DST offerings for 1031 exchangers. Within this Trust, HZ Cantare DST Manager, LLC acts as manager and signatory trustee, HZ Cantare Depositor, LLC as depositor, and Delaware Trust Company as Delaware trustee; the manager's sole member is HZ Perpetual Income Fund OP, LLC.1 No third-party news specific to this Trust surfaced in research.
- Sponsor
- Hamilton Zanze
- Legal Trust name
- HZ Cantare DST
- May convert to a REIT
- No
- Offerings from this sponsor
- 3 active / 18 total offerings from Hamilton Zanze
Reported by the sponsor. Top1031 does not independently audit sponsor-reported figures.
What does the paperwork say?
No amendment has followed the original notice, so the public record of this offering has stood unchanged since it was filed. It is offered under Rule 506(b), which bars general advertising and limits purchasers to accredited investors the sponsor or its selling group already knows. The Form D divides interests into Class A and Class B.1
- Form D filedFirst and latest filing on record.
- Filings on record
- 1
- How it may be offered
- Rule 506(b)Not advertised publicly. Offered through existing relationships.
- Source filing
- Read the filings on SEC EDGAR
A Form D is the notice a sponsor files when it starts raising money. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
DST interests are illiquid private securities. You may lose some or all of your investment. Distributions, tax treatment, and exit timing are not guaranteed. Review the current Private Placement Memorandum before investing.
Common questions
What happened to HZ Cantare DST?
Top1031 lists HZ Cantare DST as historical. It is no longer raising money.
Where does Top1031 get the data for HZ Cantare DST?
Top1031 builds this record from the sponsor’s own SEC filings and cited sponsor disclosures. Filings can lag what is happening now. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
What property sits inside HZ Cantare DST?
Cantare at Indian Lake Village, a multifamily rental community at 120 Cinema Dr in Hendersonville, Tennessee.[3] The Trust's Form D was filed as it took title to that property.[2] A rental listing describes the community as three stories, 206 units, built in 2013, but those figures are secondary and should be checked against the PPM or county records.[4]
Is the Trust still open to new investors?
Top1031 classifies it as raising, and the gated sales panel on this page shows the subscription figures reported on the Form D. Be aware that a Form D is a point-in-time notice: the single unamended filing on record cannot establish whether the offering is still accepting money today. Hamilton Zanze or the selling broker-dealer can confirm current availability.
What does Rule 506(b) mean for me as an investor?
506(b) is the private-placement exemption that lets a sponsor sell without registering the offering, provided it does not advertise publicly. In practice that means you generally have to be introduced to the Trust through the sponsor or a broker-dealer relationship, and you must be an accredited investor — meeting SEC income or net-worth thresholds. The Form D reports a $25,000 minimum investment and a $66,440,000 total offering.[1]
Does the Trust carry a mortgage?
The public record does not say. No lender, loan amount, or loan-to-value figure appears in the Form D or in the property materials reviewed, so leverage is listed as unknown here. Debt terms, including any interest-only period or maturity, would be disclosed in the PPM.
Could this Trust convert into a REIT through a 721 exchange?
The record shows no 721/UPREIT exit — the transaction in which DST interests are exchanged for operating-partnership units in a REIT — contemplated for this Trust. Any exit path the sponsor does intend would be described in the PPM.
Who is responsible for running the apartments?
Mission Rock Residential is the property manager of Cantare at Indian Lake Village; its resident page lists Maria Morles as Property Manager and Wyatt Irwin as Senior Property Manager.[3] Day-to-day leasing and operations sit with that manager, not with individual DST investors, who hold a passive interest.