The property asset involved in the transaction is a MultiFamily located at 14210 Slidell Ct, Upper Marlboro, MD. The asset consists of two apartment communities known as Village of Churchills Choice and Hunters Glen. Village of Churchills Choice features 192 residential units and Hunters Glen offers 154 units. Both properties were 95% occupied at the time of purchase. The properties are situated in Upper Marlboro, 20 miles from downtown DC.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: Not disclosed
• Buyer: Hamilton Zanze
• Seller's Rep: Robert Garrish (Newmark)
• Property Management: Transitioned to Mission Rock Residential
• Capital Improvements: Exterior maintenance, landscaping, community amenity improvements, interior unit renovations

Hamilton Zanze, the San Francisco-based buyer, has acquired two apartment communities in Upper Marlboro, MD. The seller's representative for both transactions was Robert Garrish from Newmark. All property management responsibilities have been shifted to HZ affiliate Mission Rock Residential, a Denver-based company. With this acquisition, HZ now owns and operates a total of 22 residential apartment communities in the DC metro area.