09/02/2026
CONAM Strategic Investments Fund IV LP has acquired Alicante Apartment Homes, a 232-unit multifamily community in the Spring Valley submarket of Las Vegas, Nevada. The acquisition expands CONAM's presence in the Las Vegas market and represents the latest investment for Fund IV, according to the company.
Built in 2001, Alicante consists of 232 units across two-story, garden-style buildings on 11.29 acres. The community offers one-, two-, and three-bedroom floor plans averaging 1,092 square feet. All 232 units feature luxury vinyl plank flooring, quartz countertops, stainless steel appliances, and a full-size in-unit washer and dryer.
Read more: https://mfsummit.com/articles/conam-acquires-alicante-apartment-las-vegas