Hamilton Zanze, a San Francisco–based multifamily real estate investment firm, announced it has sponsored the purchase of Lakeview and Sand Pebble/Spanish Oaks, two apartment communities in the Reno, Nev., metropolitan area. The acquisitions closed on June 30, 2025.
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 New York Life Real Estate Partners. Mission Rock Residential, an affiliate of Hamilton Zanze, has assumed management of the properties, which sit within seven miles of one another.
“We're thrilled to be expanding our portfolio in Reno — a market that continues to demonstrate strong fundamentals,” said David Nelson, president and CIO at Hamilton Zanze. “With its business-friendly climate, a limited multifamily supply pipeline and recent investments from Amazon, Google and Tesla, Reno is well-positioned for sustain
