Amzak acquires Virginia luxury apartment community

Amzak Living, a real estate unit of Amzak Capital Management, has acquired Suffolk, Virginia-based Bainbridge 3200, a luxury apartment community. No financial terms were disclosed.


BOCA RATON, Fla., July 26, 2017 /PRNewswire/ — Amzak Living is pleased to announce the acquisition of Bainbridge 3200, a 228 unit luxury apartment community located in Suffolk, Virginia.

Built in 2016, the three story property features one, two and three bedrooms. Amenities include a resort style pool, outdoor club room and a fitness center. Interiors feature spacious layouts, modern kitchens and wood flooring.
“Amzak living focuses on Class A properties in the Southeast region. We are excited to enter into the Virginia market and look forward to expanding our portfolio,” said Luis Espinal, Vice President for the firm.
Amzak Living is a real estate division of Amzak Capital Management.

About Amzak Capital Management
Amzak Capital Management is a private investment firm owned by the Kazma family. Amzak’s current portfolio is comprised primarily of direct equity investments, fixed income securities, and real estate projects. Amzak’s real estate practice seeks to invest between $5 million to $20 million per transaction in the form of common equity, preferred equity, or bridge loans. Currently, Amzak’s real estate platform is comprised of over 50 properties and over 14,000 units, primarily located in the Southeast US.