Hamilton Zanze (HZ) has acquired two apartment communities in Upper Marlboro, Md., the Village of Churchills Choice and Hunters Glen.
The financial terms were not disclosed. Both sellers were represented by Newmark. HZ now owns and operates 11 residential apartment communities in the Washington, D.C., metro area.
“The acquisitions of Village of Churchills Choice and Hunters Glen will help HZ expand its presence in the Washington D.C. metro and enter a new submarket of Upper Marlboro,” said David Nelson, Hamilton Zanze’s chief transactions officer. “We are excited about our continued growth in Maryland and the prospect of providing quality housing to the local tenant base.”
Village of Churchills Choice and Hunters Glen are located 20 miles from Downtown Washington, D.C. The properties are located near Interstate 495, providing residents access to Downtown Washington, D.C., Downtown Baltimore, and other major employment centers within a reasonable commut
