Hamilton Zanze Secures Village of the Pines, Advancing Growth in Reno’s Multifamily Market
Hamilton Zanze, a recognized name in multifamily real estate investment based out of San Francisco, has recently expanded its portfolio with the acquisition of Village of the Pines in Reno, Nevada. The garden-style apartment community is poised to offer Hamilton Zanze investors an entrée into the burgeoning Reno market, capitalizing on the region’s post-COVID economic growth.
In a strategic move, Hamilton Zanze’s affiliate, Mission Rock Residential, will be overseeing the management operations of Village of the Pines, which enjoys a strategic location just east of Interstate 580. Commanding a significant presence in the Reno area, the acquisition attests to the company’s keen market insights and commitment to fostering long-term investment value.
David Nelson, president and chief investment officer at Hamilton Zanze, expressed enthusiasm for the firm’s ventures within the Reno market. He noted, “We’ve long admired the Reno market, and we’re excited to sponsor the acquisition of Village of the Pines. This investment presents a fantastic opportunity for HZ investors to participate in Reno’s post-COVID growth.”
Nelson further highlighted the financial aspects of the transaction: “We were able to assume a highly accretive, fixed-rate agency loan that ensures strong cash flow throughout the hold period.” He credits strategic regional relationships for creating this off-market opportunity and hints at the potential for more investments in the compelling and expanding Reno milieu.
Village of the Pines, situated at 700 E Peckham Lane, proffers a diverse range of living options, encompassing 272 one-, two-, and three-bedroom units. Each home is designed with modern living in mind, featuring air conditioning, wood-style flooring, high-speed internet, and private patios or balconies, set against the backdrop of a 1974 construction’s charm.
Residents of the pet-friendly enclave can enjoy various on-site amenities – from an outdoor swimming pool and barbecue picnic areas to covered parking and a playground, to a practical laundry facility and a fitness center.
With its strategic position offering convenient access to the nearby Meadowood Mall, Reno-Sparks Convention Center, Atlantis Casino Resort Spa, and a myriad of dining venues, Village of the Pines presents an attractive residential option for those seeking the nexus of comfort and convenience.
This transaction marks Hamilton Zanze’s sixth sponsored acquisition of 2025, further solidifying its investment footprint in Reno. Two previous June acquisitions, Lakeview and Sand Pebble/Spanish Oaks, demonstrate the firm’s sustained strategic momentum in the area.
By harnessing its robust network and maintaining its disciplined investment approach, Hamilton Zanze continues to exemplify efficient, forward-looking stewardship in the multifamily apartment sector. Through initiatives like the recent Village of the Pines acquisition, it fortifies its position as a leader in multifamily innovation, technology, and strategic growth, responding effectively to the dynamic landscape of regional real estate investment.