Hamilton Zanze Adds Loveland Multifamily Property to HZ Evergreen Fund

Hamilton Zanze, a prominent multifamily real estate investment manager headquartered in San Francisco, has announced that Greens at Van de Water Apartments in Loveland, Colorado, has been added to the HZ Evergreen Fund portfolio. With this contribution, the Fund now holds nine properties. The 252-unit, Class A garden-style community is situated in a prime Northern Colorado location, offering convenient access to major employers, retail destinations, and extensive outdoor recreation opportunities.

This acquisition further expands the Evergreen Fund’s footprint across Colorado, Kansas, Arizona, Oregon, and Washington, reinforcing its long-term objective of delivering reliable income through geographic and asset-type diversification.

“Bringing Greens at Van de Water into the portfolio advances our mission of building a resilient, diversified platform designed to perform throughout market cycles,” said Kurt Houtkooper, CEO of Hamilton Zanze. “The property reflects the Fund’s emphasis on stable, well-positioned assets in economically robust markets. Over the past year, we have achieved significant milestones and remain focused on providing steady income, tax advantages, and sustained value growth for investors.”

Introduced in August 2024, the HZ Evergreen Fund was created to give investors exposure to a curated portfolio of institutional-grade multifamily communities sourced from Hamilton Zanze’s nationwide holdings. The strategy centers on producing dependable cash flow and long-term appreciation, while simplifying tax reporting and offering estate-planning benefits. The Fund also enables investors to execute tax-deferred 721 exchanges, converting direct property ownership into Fund interests.

By the close of 2025, the Evergreen Fund had surpassed $500 million in total asset value, reflecting consistent expansion, higher investor distributions, and meaningful renovation progress across its initial properties.

Throughout 2025, the Fund achieved several key milestones, including the addition of three new assets, an increase in quarterly distributions, and capital improvements across earlier acquisitions, with renovation efforts continuing on more recently added properties. It also introduced a distribution reinvestment program, allowing investors to automatically reinvest their quarterly payouts.

Looking ahead to 2026, industry projections point to a notable deceleration in new multifamily construction, potentially creating a more favorable environment for stabilized and recently upgraded communities. These dynamics align with the Fund’s strategic outlook and support its long-term positioning across its target markets.