Workforce Multifamily · South Jersey + Upstate NY
Zamo Property Group
We buy durable multifamily real estate based on current performance — stabilize, hold, and compound through operating discipline, not market timing.
Zamo Property Group owns and operates workforce multifamily housing. Marc Balzamo runs the platform. We are operators first, investors second — every asset is underwritten to cash-flow on day one, not on a pro-forma exit.
How We Build
The Operating Cycle
Acquire on Current Performance
We underwrite to in-place rents and in-place expenses. No aggressive rent growth assumptions. If the deal does not cash-flow at the purchase price as it stands, we pass.
Stabilize Through Operations
Upside comes from running the asset better — tenant quality, delinquency, capex sequencing, tax-assessment appeals. Not from betting on the market.
Hold and Compound
We are not a fund. No forced exit. We refinance when it makes sense, re-invest the proceeds, and compound over decades. Forever-hold by default.
What We Buy
Deal Criteria
Asset Type
Workforce multifamily · 20–50 units
Stabilized or value-add. Class B / C product. No new construction, no luxury, no operating Airbnb.
Geography
South Jersey + Troy, NY metro
We operate where we live. Anything within a two-hour radius of the platform makes the first cut.
Price Band
$800K – $6M per asset
Bolt-ons and small portfolios up to $12M considered if operating overlap is strong.
Capital
Operator equity · Agency / bridge debt
We buy with our own balance sheet. No fund mandate, no LP clock, no forced exit.
Brokers, Lenders, Partners
Bring Us a Deal
Deals, capital sources, or partnership conversations — reach out and we'll respond.