Hamilton Zanze

This summer, Hamilton Zanze welcomed six interns who worked across our Transactions, Asset Management, Investor Relations, and Legal teams.

Wheel Program Interns
Delaney Dusi
Josh Khurin
Nicole Ayala

Investor Relations Intern
Dorje Dixey

Finance Intern
Vanessa Berlanga

Transactions Intern
Charles Musco

In-House Legal Intern
Leeza Saaed

They gained firsthand exposure to the multifamily industry and insight into how Hamilton Zanze operates. They worked on a research project, built technical and strategic skills, and learned directly from leaders across the company.

We appreciate the fresh perspective and enthusiasm each of you brought to the team this summer, and we wish you well in what comes next!

The multifamily market has turned a corner.

Our 2026 Mid-Year Multifamily Outlook webinar brought together CEO Kurt Houtkooper, President & CIO David Nelson, and Senior Director of Investor Relations Corey Sherk to unpack what’s driving the shift and what it means for investors.

A few takeaways from the conversation:
• Construction starts have fallen from their 2022 peak, easing supply pressure heading into the second half of the year
• HZ portfolio occupancy is on the rise as supply and demand rebalance
• 1031 exchange activity reached $4.5 billion in the first half of 2026, up 22% year over year
• The HZ Evergreen Fund now holds 10 properties across five states, with four paths to invest, including a 721 exchange for property owners looking to contribute real estate for fund shares

For more on regional market trends and where HZ is positioning its portfolio for the second half of 2026, watch the full webinar replay: https://bit.ly/45EtN8A

Follow Hamilton Zanze Real Estate Investments for more multifamily insights, market analysis, and long-term investment strategy.

What's fueling the multifamily recovery?

Join us on Thursday for our 2026 Mid-Year Multifamily Outlook webinar. CEO Kurt Houtkooper, President and CIO David Nelson, and Senior Director of Investor Relations Corey Sherk will discuss:

• How improving bank health is fueling renewed 1031 exchange activity
• Markets to watch
• The latest updates on the HZ portfolio and current investment activity
• The opportunity for rental property owners to contribute apartment buildings directly for shares through a 721 exchange, an increasingly active area for owners seeking diversification and tax deferral

Date: Thursday, July 30, 2026
Time: 11:00 AM PT
Duration: 45 minutes

Reserve your spot: https://na2.hubs.ly/H06WPXl0

Read the Outlook. Join Our Webinar.

Our 2026 Mid-Year Outlook is now live. Join us on July 30 for a live webinar that expands on the report and explores what we're seeing in today's multifamily market.

CEO Kurt Houtkooper, President & CIO David Nelson, and Senior Director of Investor Relations Corey Sherk will discuss the trends shaping the second half of 2026, recent market developments, and what they mean for investors.

The webinar will cover:

• What's fueling momentum in multifamily
• Bank health and its impact on 1031 exchange activity
• Updates on the HZ portfolio and current investments
• The opportunities for rental property owners to contribute apartments directly for shares through a 721 exchange

Date: Thursday, July 30, 2026
Time: 11:00 AM PT
Duration: 45 minutes

Reserve your spot: https://na2.hubs.ly/H06LH2h0

Following successful workshops in San Francisco and San Mateo with Asset Exchange Company, we're excited to bring our 1031 Exchange & Delaware Statutory Trust (DST) workshop series to San Jose.

Corey Sherk, Senior Director of Investor Relations at Hamilton Zanze, will join Leonard Spoto, Principal at Asset Exchange Company, to break down how 1031 Exchanges and DSTs can play a powerful role in deferring taxes when rental property owners are ready to sell and transition to passive investing.

This free, in-person workshop will cover:

• How 1031 Exchanges work and key IRS deadlines
• Common mistakes to avoid during an exchange
• How 1031 Exchanges support estate planning for heirs
• How DSTs may serve as a passive replacement property option
• Potential benefits and risks of DST investments

📍 San Jose
Tuesday, July 21 | 10 AM - 12 PM
Santa Clara County Association of REALTORS
1651 North First Street
San Jose, CA 95112

RSVP: https://na2.hubs.ly/H06KXR10

Light refreshments will be served.

At the midpoint of 2026, the multifamily recovery continues to progress.

Supply and demand are coming back into balance, occupancy is rising, and banks are healthy and lending again — bringing back 1031 exchange capital to the sector. The HZ Evergreen Fund continues to grow with its 10th property contributed from our nationwide portfolio, and it now offers investors the ability to invest cash, as well as contribute property directly through our 721 exchange platform in exchange for Fund shares.

CEO Kurt Houtkooper shares Hamilton Zanze's Mid-Year Outlook on these shifts and what they mean for investors.

Read the Mid-Year Outlook: https://na2.hubs.ly/H06JqFP0

Hamilton Zanze Contributes 10th Multifamily Asset to the HZ Evergreen Fund

Hamilton Zanze has added The Highlands in Overland Park, Kansas, to the HZ Evergreen Fund, bringing the Fund to 10 properties and surpassing $300 million in net asset value.

The contribution of its 10th property is an important milestone for the HZ Evergreen Fund since its launch in 2024. The Fund is structured to deliver diversification, quarterly distributions, and long-term tax efficiency, and the firm is expanding how multifamily property investors can participate through its 721 exchange platform.

The Fund now holds properties across Kansas, Colorado, Arizona, Oregon, and Washington, and is targeting at least 50 institutional-quality communities at scale.

Read the full press release: https://bit.ly/4yqow1S

Do you own rental property and wonder what your heirs will do with it?

Baby Boomers hold 58% of all rental properties in the U.S. and $18.9 trillion in real estate wealth. But for many owners, the math has shifted. Managing a rental has only grown harder, and selling outright triggers a capital gains bill ranging from 33% to 42%.

The best path depends on your timeline, your tax situation, and the legacy you want to leave your heirs.

Explore your options in our latest article.

Read more: https://bit.ly/44jFb9w

Tim Bruss, Managing Director of Asset Management, recently discussed how the 2026 spring leasing season unfolded across the sector.

Dive into the Q&A for Tim's analysis on which states were the strongest performers across the portfolio, and how economic uncertainty — from gas prices to AI's influence on younger renters — is reshaping leasing decisions.

Read the full Q&A: https://bit.ly/3RrQQA5