Hamilton Zanze has acquired the 304-unit Jefferson Square at Washington Hill apartment community in Baltimore, changing the community’s name to The Tala at Washington Hill. Financial terms were not disclosed.
The purchase marks the firm’s 12th acquisition in the state of Maryland. With this latest acquisition, the firm now owns and operates five properties in the Baltimore market, including Arbor Ridge, Point at Winterset, Preserve at Cradlerock, Timbers at Long Reach, and now Jefferson Square at Washington Hill.
“We are excited to expand our presence in Maryland with the purchase of The Tala at Washington Hill,” said David Nelson, Hamilton Zanze’s chief investment officer. “The 2014 asset features favorable amenities, convenient location near employers like The Johns Hopkins Hospital, and close proximity to an abundance of retail and entertainment in Downtown Baltimore.”
The community is located at 101 N. Wolfe St. in the desirable downtown Baltim
