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Hamilton Zanze Sponsors Acquisition of Vancouver MF
Hamilton Zanze has sponsored the purchase of Arnada Pointe, a 200-home garden-style apartment community in Vancouver, Washington.
Mission Rock Residential, an affiliate of Hamilton Zanze, has assumed management of the property, which is situated 11 miles north of Portland, Oregon, on the north bank of the Columbia River. The transaction represents Hamilton Zanze’s first sponsored acquisition of 2025.
“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.”
Located at 4820 Hazel Dell Avenue, Arnada Pointe was built in 2005 and offers one-, two- and three-bedroom apartment homes. The property is situated within a quick commute to downtown Vancouver and a variety of dining, retail and entertainment options.
