SAN FRANCISCO, CA – Hamilton Zanze, a leading San Francisco-based multifamily real estate investment firm, announced that it has sold Villages at Parktown, a 309-unit garden-style community in Deer Park, Texas. The firm sponsored the acquisition of the property in May 2014.
“We are thrilled with the sale of Villages at Parktown,” said Anthony Ly, senior director of transactions at Hamilton Zanze. “This community represented a unique opportunity in a limited-supply submarket, and its larger units, including some as spacious as 1,600 square feet, proved highly attractive to residents. By building on that foundation through unit upgrades and the addition of a brand-new clubhouse and pool, we were able to make a better resident experience.”
Situated at 500 W Pasadena Boulevard, Villages at Parktown features one-, two-, three- and four-bedroom homes ranging from 810 to 1,600 square feet. The Gulf Plains location is approximately 20 miles southeast of Houston and 10 miles west of Trinity Bay. The commuter-friendly location easily connects to Highway 225 (Pasadena Freeway), Interstate 10 and the Sam Houston Tollway, which provide connectivity to the greater Houston area and beyond.
Common-area amenities at the pet-friendly community include an Olympic-sized swimming pool, sundeck, barbecue/picnic area, fitness center and an onsite playground. Homes include walk-in closets, air conditioning, ceiling fans, washer/dryer connections and private patios or balconies. Select homes feature wood-style flooring, quartz countertops, stainless steel appliances, subway tile backsplashes, custom cabinetry and private yards.
Villages at Parktown is surrounded by dining, entertainment and recreational options, including The Battleground Golf Course and San Jacinto Battleground State Historic Site. Several grocery options are within a small commute, as well.
The sale represented Hamilton Zanze’s ninth disposition of 2025. The firm has sold over $4.5 billion in multifamily properties since its founding in 2001.

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TUCSON, AZ – Bascom Arizona Venture, an affiliate of Irvine, California-based private equity firm The Bascom Group, bought the Retreat at Speedway, a 304-unit multifamily property located in Tucson, Arizona for $53.4 million or $175,658 per unit. The property was bought by Bascom’s current fund offering, Bascom Value Added Apartment Investors VI, LLC.
Constructed in 2001 and positioned along Speedway Boulevard against the backdrop of the picturesque Catalina Mountains, The Retreat at Speedway benefits from proximity to the premier Catalina Foothills and access to major employment centers. The two-tale, garden-style property offers residents spacious, open concept one- and two-bedroom floorplans and a strong amenity package that features a swimming pool and spa, fitness center, and clubhouse.
The Retreat at Speedway presents a compelling value-add opportunity, with new ownership plotting a thoughtful capital improvement program designed to elevate everyday living through refreshed clubhouse spaces, enhanced pool, spa, and fitness areas, and upgraded residences.
This transaction marks BAZV’s first acquisition since February 2020. “BAZV has remained disciplined and committed to sourcing the right opportunity to align with their business plot,” says Joe Daiutolo, Acquisitions Manager for BAZV. “This acquisition reflects our commitment to reinvesting in the community through a thorough renovation program designed to enhance the day-to-day resident experience while unlocking the property’s long-term potential.”
BrightSpire Capital Acquisitions provided debt financing, which was arranged by Brian Eisendrath, Cameron Chalfant, Jake Vitta, and Jesse Zarouk of Institutional Property Advisors (IPA), for the acquisition. Steve Gebing, Cliff David, Hamid Panahi, and Clint Wadlund of IPA advised the buyer and seller in the transaction. Arizona-based property manager Bryten Real Estate Partners will manage the property.
Bascom Value Added Apartment Investors VI, LLC (“Fund VI” or the “Fund”), which is sponsored by Bascom, launched a new offering of its securities pursuant to Rule 506(c) under the Securities Act of 1933, as amended. Fund VI is focused on acquiring apartment communities throughout the U.S. that can be repositioned through value-add renovations, management improvements, recovery from being over leveraged and distressed, or may be a foreclosure and trading at a significant discount. The Fund has been actively raising capital and acquiring property assets. The Fund currently owns six apartment properties with approximately $83 million of equity invested. The Fund is seeking to raise an additional approximately $70 million in equity for this offering.
Chad Sanderson, Fund VI Manager states, “Fund VI is focused on building a diversified multifamily portfolio that emphasizes capital preservation, long-term value creation, and consistent cash flow. With property values resetting meaningfully across many markets and increased pressure on sellers, we see a favorable environment for deploying disciplined capital. The portfolio to date reflects that approach, with attractive investments across markets, asset types, and risk profiles.” Joe Ferguson, Vice President, adds, “The Retreat at Speedway is a excellent illustration of this dynamic. We are acquiring a well-located, institutional-quality property at a strong going-in yield, with clear value-add upside and a cost basis meaningfully below replacement cost, reflecting the types of attractive, risk-adjusted opportunities made by today’s pricing reset.”

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DENVER, CO – Buchanan Capital Partners, an Austin-based, zero-fee commercial real estate investment firm, announced its recent capitalization of Garrett Centennial Apartments, a 368-unit garden-style multifamily development located in the Denver Tech Center submarket.
The project is BCP’s second Joint Venture with The Garrett Companies in conjunction with their strategic partner, Telis Group. Weinstein Properties also joined the transaction as an equity partner. In 2024, BCP, The Garrett Companies and Telis collectively capitalized Garrett Fillmore Apartments, a 196-unit multifamily development in Colorado Springs.
Situated on a 19-acre site in the Denver Tech Center submarket, Garrett Centennial benefits from exceptional regional connectivity at the intersection of I-25 and Arapahoe Rd, minutes from the well-established corporate district, downtown Denver, and Cherry Creek State Park.
The project sits within the highly sought-after Cherry Creek School District, positioning the property well for future demand from families priced out of homeownership in the affluent area. Garrett Centennial is also centrally positioned within Midtown Centennial, an 800-acre, city-led redevelopment effort transforming legacy office parks into a walkable, mixed-use district.
The development will consist of 14 residential buildings offering a diverse unit mix designed to serve a broad renter base, including families, professionals, and long-term residents seeking access to top-tier schools and employment centers. Residents will be near major retail, dining, and entertainment destinations, including Top Golf Centennial, Park Meadows Mall, Cherry Creek State Park, and Centennial Center Park.
Keith Buchanan, Founder and Principal of Buchanan Capital Partners, said “Garrett Centennial allows us to deploy capital at an attractive cost basis in one of Denver’s best performing submarkets that has long-term demand fundamentals that support durable rent growth and value creation, while aligning with a Best-In-Class development partner who shares our long-term view of the market.”
Ford Albert, Director at Buchanan Capital Partners, added, “Over the past two years, BCP has been highly selective in multifamily investments. This opportunity stood out by meeting all our key criteria: an exceptional location in a top school district, discounted basis relative to recent comparable sales, dwindling supply pipeline, and vertically integrated development partner with a differentiated unit mix. Given Garrett’s attractive cost basis, BCP can conservatively underwrite lease-up rents at a significant discount to the submarket’s current rent levels. In 2026, we will look for similar JV development and direct acquisition opportunities in pockets with limited future supply.”

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