Hamilton Zanze Sponsors the Acquisition of Arnada Pointe

Garden-Style Apartment Community Features 200 Homes in Vancouver, Wash.

SAN FRANCISCO, Feb. 19, 2025 /PRNewswire/ -- Hamilton Zanze, a leading San Francisco-based multifamily real estate investment firm, today announced it has sponsored the purchase of Arnada Pointe, a 200-home garden-style apartment community in Vancouver, Wash. The acquisition closed on Feb. 12.

Mission Rock Residential, an affiliate of Hamilton Zanze, has assumed management of the property, which is situated 11 miles north of Portland, Ore., on the north bank of the Columbia River. The river treads the Washington and Oregon state lines and is the largest in the Pacific Northwest. 

"We are excited about the sponsored acquisition of Arnada Pointe, as it represents an opportunity to acquire an asset at a significant discount to replacement costs with long-term upside potential," said David Nelson, president and chief investment officer at Hamilton Zanze. "Vancouver has been the fastest-growing city in the Pacific Northwest, with strong population growth and apartment demand. We believe Arnada Pointe is well-positioned to capture future rent growth as supply slows down over the next 12 to 18 months."

Located at 4820 Hazel Dell Avenue, Arnada Pointe was built in 2005 and offers one-, two- and three-bedroom apartment homes. Homes range in size from 700 to 1,188 square feet and include in-home washers and dryers, spacious closets, vinyl flooring and private patios or balconies. Common-area amenities at the pet-friendly community include a resident clubhouse, outdoor swimming pool, playground, barbecue/picnic areas and a 24-hour fitness center. 

Located just west of key thoroughfare Interstate 5 and adjacent to a local bus line, Arnada Pointe enables residents to easily connect to the thriving employment markets of Fruit Valley and the greater Portland area. Residents are also within a quick commute to Downtown Vancouver and its variety of dining, retail and entertainment options. Additionally, the community is surrounded by an array of recreational outlets, including Vancouver Lake, Leverich Park and Kiggins Bowl.

This transaction represents Hamilton Zanze's first sponsored acquisition of 2025.

About Hamilton Zanze
Hamilton Zanze is a private, San Francisco-based real estate investment company that invests with the highest standards. Since its founding in 2001, Hamilton Zanze has sponsored the acquisition of over $7.6 billion in multifamily assets primarily in the Western, Southwestern and Eastern U.S. The company's portfolio currently comprises 124 properties (22,030 units) across 28 markets. For additional information, visit www.hamiltonzanze.com.

MEDIA CONTACT:
Stephen Ursery
LinnellTaylor Marketing
(303) 682-3945
[email protected]

SOURCE Hamilton Zanze & Company