Hamilton Zanze Expands Presence with Village of the Pines Acquisition in Reno

On October 9, 2025, Hamilton Zanze, a prominent multifamily real estate investment company based in San Francisco, finalized its acquisition of Village of the Pines, a charming garden-style apartment community located in Reno, Nevada. This purchase emphasizes Hamilton Zanze's commitment to growth in the Reno real estate market and marks the firm’s sixth acquisition of 2025.

The Village of the Pines is strategically situated just east of Interstate 580, offering residents quick access to various amenities, including the bustling Meadowood Mall, the Reno-Sparks Convention Center, and multiple dining options. With 272 homes consisting of one-, two-, and three-bedroom layouts, this pet-friendly community provides residents with a range of amenities designed for comfort and convenience. These include an outdoor swimming pool, barbecue and picnic areas, covered parking, a playground, and a fitness center.

David Nelson, president and chief investment officer at Hamilton Zanze, expressed enthusiasm about the acquisition, stating, "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." He further remarked on the strong cash flow the investment represents, attributed to a favorable, fixed-rate agency loan that was secured during the transaction.

The Village of the Pines, developed in 1974, is designed to cater to modern living with amenities that include air conditioning, wood-style flooring, high-speed internet access, and private patios or balconies – all contributing to a comfortable lifestyle for its residents.

Hamilton Zanze sourced this opportunity off-market, highlighting the firm's well-established relationships within the region that continue to yield fruitful investments. The company's proactive approach and keen insight into market trends in Reno suggest that further investment opportunities may be on the horizon, capitalizing on the area’s rapid growth.

Since its inception in 2001, Hamilton Zanze has demonstrated a strong track record of success, having sponsored the acquisition of over $7.9 billion in multifamily assets across various U.S. markets. Currently, the company manages a diverse portfolio encompassing 125 properties totaling 22,277 units across 28 markets. This new acquisition at Village of the Pines not only broadens Hamilton Zanze’s presence in the rapidly evolving Reno market but also reinforces its strategy of identifying and investing in robust communities that promise long-term appreciation and stability.

For more information on Hamilton Zanze and their investment strategies, visit their official website at www.hamiltonzanze.com.