Hamilton Zanze Acquires 320-Unit Henderson Community in First Sponsored Deal of 2026

Hamilton Zanze expands its Las Vegas-area footprint with the $75M purchase of Fairways on Green Valley, a 320-unit community in the high-growth Henderson submarket.

By: AXL Media

Published: Mar 12, 2026, 11:25 AM EDT

Source: https://www.multihousingnews.com/

Transaction Details and Capital Structure

Hamilton Zanze acquired the asset from Chicago-based Waterton in a deal brokered by CBRE’s Las Vegas Multifamily Investment Group. The $75 million purchase price represents a significant appreciation from the property's previous trade in 2019, when Waterton purchased it for $61.5 million. To finalize the acquisition, Hamilton Zanze utilized a $47.1 million loan provided by Freddie Mac. Mission Rock Residential, an affiliate of the buyer, has been tapped to oversee property management and operational strategy.

Asset Profile and Amenities

Fairways on Green Valley, completed in 1990, is a garden-style community spread across 15 acres at 1851 N. Green Valley Parkway. The property features a mix of one- and two-bedroom units equipped with contemporary finishes, including stainless steel appliances, in-unit laundry, and fireplaces. Community amenities cater to an active lifestyle, offering:

Golf Integration: An on-site golf simulator and direct adjacency to The Legacy Golf Club.

Wellness & Social: A fitness center, swimming pool, spa, clubhouse, and game room.