CONAM Strategic Investments Fund IV, a discretionary fund sponsored by The CONAM Group, announced the purchase of The Maxwell, a 325-unit, class A multifamily community in Frisco, Texas.
Completed in 2018, The Maxwell features three- and four-story buildings with a central podium deck parking structure providing convenient and secure access for the residents. The high-end unit interiors feature Sonos speaker packages, 10- to 14-foot ceilings, luxury kitchens and bathrooms with storage, exterior balconies, large walk-in closets, and built-in desk areas. The community amenities include a clubhouse with coffee bar and conference rooms, and a courtyard with grilling stations, fire pits and outdoor TVs.
“CONAM has been focused on expanding its presence in the Dallas-Fort Worth region seeking high-quality assets at an attractive cost basis,” said Jack Cleary, Eastern U.S. acquisitions director at CONAM. “We are pleased with the addition of The Maxwell to our portfolio
