Hamilton Zanze JV sponsors the acquisition of class A apartment community in Nashville

Hamilton Zanze announced it has sponsored the purchase of The Morris, a 19-story, 344-unit class A apartment community in Nashville. The acquisition closed on Aug. 16.

Hamilton Zanze sponsored the transaction through HZ Capital Partners Fund I, its discretionary fund that targets the acquisition of multifamily properties, alongside joint venture partner Lionstone Investments. Mission Rock Residential, an affiliate of Hamilton Zanze, has assumed management of the property.

"We are pleased to sponsor the acquisition of this exceptional multifamily asset," said David Nelson, president and CIO at Hamilton Zanze. "This is a transaction in which our relationships and persistence produced a generational piece of real estate at a time of dislocation in core, infill multifamily. The Morris is well positioned to capture future growth as supply slows down over the next 18 to 24 months."

Located at 818 19th Ave. South, The Morris was built in 2017 and offers studio, one-bed