Jefferson Square at Washington Hill
Multifamily property in Baltimore, MD · sponsored by Hamilton Zanze
Jefferson Square at Washington Hill was a DST sponsored by Hamilton Zanze that owned a multifamily property in Baltimore, MD (304 units). Its last Form D was filed May 24, 2022.
How it ended
No outcome recorded · under 7 years
Last Form D filed May 24, 2022.
Key facts
- Minimum investment
- $25,000From the Form D
- Offering size
- $27,110,000Equity offered, per the Form D
- Sold
- 78.9%Form D, May 24, 2022; the % is our arithmetic
- Investors reported
- Form D, May 24, 202210
- Selling commissions
- Form D Item 15; the % is our arithmetic$0 · 0.0% of offering
- Financing
- Not in the Form D. The Form D for this offering does not say whether it carries mortgage debt.How it is financed ↓
- Offered under
- Rule 506(b)General advertising and solicitation are not permitted under this exemption.
Figures come from SEC Form D filings unless a source is cited. Sponsor-stated figures are as reported by the sponsor; Top1031 does not independently audit them. On a 45-day clock? Find day 45 and day 180 →
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Ask a 1031 specialist about this recordFree. About: Jefferson Square at Washington Hill. Top1031 is not a broker-dealer.Jefferson Square at Washington Hill · Baltimore, MD · Photo: data.openasset.com
What did the Trust own?
Jefferson Apartment Group delivered the five-story mixed-use building in 2014, adjacent to the Johns Hopkins Medical and Research Campus in East Baltimore. 3 Ground-floor retail has included a CVS Pharmacy, a BB&T bank branch and restaurants, alongside a 405-space parking structure connected to the building. 3 Hamilton Zanze acquired the community from Lowe Enterprises in May 2022 and rebranded it The Tala at Washington Hill. 2
- Reported location
- Baltimore, MD
- Property size
- 304 units
How was it financed, and what did it cost to sell?
Neither the Form D nor Hamilton Zanze's public announcements identify a lender or mortgage for this Trust, so whether the offering is leveraged or all-cash is not established in the public record.
Debt
- Financing
- Not in the Form D. The Form D for this offering does not say whether it carries mortgage debt.
Costs and terms from the Form D
- Selling commissions
- $0 · 0.0% of offering
- Finders’ fees
- $0
- Paid to officers, directors and promoters
- $1,889,168 · 6.9% of offeringForm D Item 16· The filing’s note: “Consists of amounts paid to affiliates of persons named in Item 3, including, $335,418 for Financing Fee, $1,380,000 for Property Acquisition Fees, $163,750 for Organizational and Offering Fees, $10,000 for Legal Acquisition Fee”
- Broker-dealers named in the Form D
- None named in the Form D
- Date of first sale
- May 4, 2022
- Minimum investment
- $25,000
Form D Item 15 and Item 16 amounts may be the issuer’s estimates; each percentage is Top1031’s arithmetic on two Form D figures. Item 16 can overlap Item 15, so Top1031 does not add them together.
Who's behind the Trust?
Hamilton Zanze is a multifamily investor that announced the Baltimore purchase on May 5, 2022 and placed the community with Mission Rock Residential. 1 It runs a program of DST offerings aimed at 1031 exchange investors, of which this Trust is one. The Form D names HZ Jefferson Square Trust Manager, LLC as the Trust's signatory trustee, with HZ Perpetual Income Fund OP, LLC identified as that manager's sole member. 5
- Sponsor
- Offerings on record
What does the SEC record show?
- Legal Trust name
- HZ Jefferson Square DST
- SEC CIK
- 1927287
- First Form D
- May 24, 2022
- Latest Form D
- May 24, 2022
- Filings on record
- 1
- Offered under
- Rule 506(b)General advertising and solicitation are not permitted under this exemption.
- Source filing
SEC Form D filings, newest first
| Filed | Form | Offering amount | Amount sold | Investors | Filing on SEC EDGAR |
|---|---|---|---|---|---|
| Form D | $27,110,000 | $21,405,456 | 10 | EDGAR |
Amounts, investor counts and minimums are as filed with the SEC on Form D. The change lines are Top1031’s arithmetic between consecutive filings; a new Form D notice starts a new count.
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.
Common questions
- What happened to Jefferson Square at Washington Hill?
- Jefferson Square at Washington Hill is a Historical offering. Last Form D filed May 24, 2022.
- What is the property called today?
- It was developed and marketed as Jefferson Square at Washington Hill. After Hamilton Zanze acquired it in May 2022, trade coverage reported the community was being rebranded The Tala at Washington Hill. As of August 21, 2026, Mission Rock Residential's official page markets The Tala at Washington Hill at 101 N Wolfe St, Baltimore, MD 21231, with studio, one- and two-bedroom homes.
- How occupied was the property when it was bought?
- Multi-Housing News reported on May 6, 2022 that the community was 97.4 percent occupied at the time of Hamilton Zanze's acquisition. That is an acquisition-era figure; no current property-wide occupancy number was found in the sources reviewed.
- What did the sponsor's affiliates receive from the offering?
- Item 15 of the Form D reports $1,889,168 in compensation to promoters or affiliates: a $335,418 financing fee, $1,380,000 in property acquisition fees, $163,750 in organizational and offering fees, and a $10,000 legal acquisition fee. The offering documents, not the Form D, are where an investor would find the full fee schedule and ongoing costs.
- Is there litigation involving this Trust?
- The White Law Group, an investor-claims law firm, published a page titled "HZ Jefferson Square DST: Investor Lawsuit" on May 14, 2025, describing the offering and an investigation. Law-firm investigation pages are marketing for potential claimants and are not court records; no complaint, docket, or FINRA arbitration tied to this Trust was located in the sources reviewed.
- Can this Trust convert into a REIT?
- The record does not show a 721/UPREIT exit — the arrangement in which DST interests are contributed to a REIT's operating partnership in exchange for OP units. The Trust is presented without that feature, so an investor evaluating exit paths should read the offering documents' disposition section directly.
In the news
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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 offering documents before investing.