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.
HZ Village of the Pines DST is a Delaware statutory trust sponsored by Hamilton Zanze that holds Village of the Pines, a 272-unit garden-style apartment community built in 1974 at 700 East Peckham Lane in Reno, Nevada. Hamilton Zanze sponsored the acquisition, which closed on October 9, 2025 and was financed by assuming a fixed-rate agency loan at closing. Mission Rock Residential, a Hamilton Zanze affiliate, assumed property management in October 2025. An issuer Form D dated December 4, 2025 reported a $48.4 million offering with $38,639,045 sold as of that filing.

Built 1974; acquired 10/9/2025; assumed fixed-rate agency loan; mgmt Mission Rock Residential; 506(b) so terms not public
272 unitsBased on issuer-filed Form D notices through Dec 4, 2025. Amounts are self-reported, may lag current subscriptions, and do not confirm availability. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
Form D is an issuer notice filing. A filing does not mean the SEC approved, endorsed, or verified the offering.
Offering profile
Property and acquisition
Village of the Pines is a 272-unit garden-style apartment community built in 1974 at 700 East Peckham Lane, Reno, Nevada 89502. 1 Hamilton Zanze sponsored the acquisition, which closed on October 9, 2025 and was financed by assuming a fixed-rate agency loan at closing. 12 The trust holds the leveraged multifamily property. 2
Management
Mission Rock Residential, an affiliate of Hamilton Zanze, assumed property management of Village of the Pines in October 2025. 1
Sponsor context
Hamilton Zanze reported this as its sixth sponsored acquisition of 2025, following two June 2025 Reno-area acquisitions. 1
Offering
An issuer Form D dated December 4, 2025 reported a total offering of $48.4 million with $38,639,045 sold as of that filing. 3 Top1031 classifies the trust under sponsor Hamilton Zanze. 4
In the news
Frequently asked questions
Is Village of the Pines currently active?
Village of the Pines is classified by Top1031 as active. “Active” reflects the latest public record and does not confirm that interests remain available.
Where does Top1031 get the data for Village of the Pines?
Top1031 tracks this offering from SEC Form D filings and cited sponsor disclosures. Filing data may lag current subscriptions and does not mean the SEC approved or verified the offering.