0 completed sales; 0 losses or impairments; 0 counted Programs. Fewer than three counted Programs. NR is not a failing grade. A letter needs 3 counted outcomes or 3 documented sales.
Completed sales 0Losses or impairments 0·Counted Programs 0
No documented loss found in searched sources as of Sep 8, 2026.
Programs found in SEC fundraising filings (Form D)
HZ Arnada Point DSTFirst filed 2025Still operating as of July 2026 - the Arnada Pointe property (200-unit garden-style community at 4820 Hazel Dell Avenue, Vancouver, WA; acquired Feb 12, 2025) is actively managed and leased by Mission Rock Residential, Hamilton Zanze's property management affiliate, with active listings on Zillow and the Mission Rock website; no sale, disposition, distress, or 721 UPREIT news found (source: missionrockresidential.com, prnewswire.com, zillow.com). Source ↗
HZ Chestnut DSTFirst filed 20251400 Chestnut Apartments (200-unit mid-rise, Chattanooga TN) was acquired by HZ Chestnut DST on March 11, 2025; as of evidence collection the property remains actively leased/managed by Mission Rock Residential with no disposition, 721 UPREIT, or distress event reported. Source ↗
HZ Kirkwood II DSTFirst filed 2025Still operating as of July 2026 - the Reserve at Kirkwood property (264-unit garden-style community at 3000 Dalton Smith Court, Clarksville, TN; acquired Dec 18, 2024) is actively managed and leased by Mission Rock Residential, Hamilton Zanze's property management affiliate, with active 2026 leasing promotions; no sale, disposition, distress, or 721 UPREIT news found (source: missionrockresidential.com, prnewswire.com, hamiltonzanze.com). Source ↗
Village of the PinesMultifamily·Reno, NVSEC filing, Dec 4, 2025
$48.4M
$38.6M
80%Filed Dec 4, 2025
Multifamily
Legends 267Multifamily·Kansas City, KSSEC filing, Oct 2, 2025
$53.7M
$26.9M
50%Filed Oct 2, 2025
Chapter 4
Who is behind this record?
Hamilton Zanze is a privately held, San Francisco-based real estate investment firm founded in 2001 that specializes in value-add multifamily investment and sponsors 1031 exchange programs, including offerings structured as Delaware statutory trusts. As of the first quarter of 2026 the firm reported acquiring $8.1 billion of properties since inception and completing $5.1 billion of investment sales. Top1031 tracks 19 HZ-named DST programs with first filings from 2020 through 2026. Sponsored acquisitions include the 208-unit Seasons at Horsetooth Crossing in Fort Collins, Colorado, which closed on August 6, 2026, and the 272-home Village of the Pines in Reno, Nevada, which closed on October 9, 2025.
Hamilton Zanze is a privately held real estate investment firm based in San Francisco and founded in 2001, specializing in value-add multifamily investment and the sponsorship of 1031 exchange programs1. The firm offers multifamily investment opportunities for 1031 exchanges, including interests structured through Delaware statutory trusts2. Top1031 tracks 19 HZ-named DST programs, with first filings running from HZ Steelyard DST in 2020 through HZ Fairways DST in 20263.
Reported scale and 2026 acquisition volume
As of the first quarter of 2026, Hamilton Zanze reported $8.1 billion of property acquisitions since inception and $5.1 billion of completed investment sales4. In an August 2026 market commentary, the firm reported closing approximately $140 million of acquisitions during the first half of 20265.
Dated acquisitions and fund activity
Hamilton Zanze announced that its acquisition of The Seasons at Horsetooth Crossing, a 208-unit community in Fort Collins, Colorado, closed on August 6, 2026 and was its third sponsored acquisition of that year6. The firm announced the October 9, 2025 closing of Village of the Pines, a 272-home community in Reno, Nevada, described as its sixth sponsored acquisition of 20257. On July 14, 2026, Hamilton Zanze said it contributed The Highlands, a 448-unit community in Overland Park, Kansas, to the HZ Evergreen Fund, a vehicle it launched in August 2024 and reported at that date as holding more than $300 million of net asset value and $700 million of gross asset value8.
Representative completed dispositions
Hamilton Zanze reported that Tresa at Arrowhead, a 360-unit community in Glendale, Arizona whose acquisition it sponsored in May 2016, was sold on February 26, 2026 after more than nine years of ownership9. It reported that Harvest Station, a 297-unit community in Broomfield, Colorado acquired under its sponsorship in November 2016, was sold on August 28, 202510. It also reported the September 25, 2024 sale of Maple Bay Townhomes, a 414-unit Virginia Beach community it had acquired in 201911.
Leadership and ownership
In April 2022, Kurt Houtkooper succeeded Mark Hamilton as chief executive, with Hamilton continuing as a founding partner in senior leadership; the firm also added six leadership members to its shareholding partnership alongside Houtkooper, Hamilton, and Tony Zanze12.
Waterton Sells Las Vegas-Area CommunityTrade-press article reporting that Waterton sold the 320-unit Fairways on Green Valley apartment community in Henderson, NV to a group sponsored by Hamilton Zanze for $75 million.
Hamilton Zanze triples down on RenoTrade-press article on Hamilton Zanze's third 2025 Reno acquisition: the 272-unit Village of the Pines garden-style community, secured in an off-market transaction with an existing in-place loan.
Legends 267 Apartments Gets AcquiredKansas City business journal reporting that Hamilton Zanze sponsored the acquisition of Legends 267 in Kansas City, KS, with the deal having closed Sept 17.
HZ Echelon DST: Investor LawsuitThe dated page identifies HZ Echelon DST as a Hamilton Zanze-created Delaware Statutory Trust offered for 1031 investors and discusses an investor-loss lawsuit investigation, but gives no underlying property address or size.
HZ Foothills DST: Investor Claims Under ReviewInvestor-loss law firm discussing HZ Foothills DST and possible FINRA arbitration claims against brokerage firms that sold the high-risk DST investment.
ICG Deer Valley DST: Investor AlertLaw firm publishes investor-suitability alert for the ICG Deer Valley DST, noting a Form D filed in 2023 to raise $47.2 million and identifying sales commissions exceeding 9%.
CONAM Buys Vegas-Area Property for $58MThe article reports CONAM Group's $58 million acquisition of Alicante Apartment Homes and cites Hamilton Zanze's sponsorship of the separate 320-unit Fairways on Green Valley acquisition in Henderson, without reporting a new Fairways transaction or DST subscription milestone.
2026 Multifamily Outlook: What's AheadSponsor-site webcast/article by CEO Kurt Houtkooper recapping key 2025 Hamilton Zanze transactions (including the Legends 267 acquisition) and noting the firm's prior 2025 Private Credit Program was fully subscribed.
Use the record as a starting point. Compare the current Programs, save offerings to your Watchlist, or ask a licensed specialist about the facts shown here.
