CONAM Group Expands with Acquisition of The Maxwell
Deal News | May 22, 2025 | ConAm Group
CONAM Group's Strategic Investments Fund IV LP has announced its latest acquisition of The Maxwell, a luxury 325-unit multi-family community located in Frisco, Texas, expanding their portfolio in the Dallas-Fort Worth area. Completed in 2018, The Maxwell features high-end interiors and premium amenities, set within the prestigious Canals at Grand Park master-planned community. The acquisition aligns with CONAM's focus on high-quality assets and is supported by the area's rapid population growth and relocation of corporate headquarters to Frisco. This purchase contributes to the strategic growth of Fund IV and CONAM's national expansion ambitions.
Sectors
- Real Estate
- Investment Management
Geography
- United States – The acquisition takes place in Frisco, Texas, which is part of the United States.
- Texas – The Maxwell property is located in Frisco, a city in the state of Texas.
Industry
- Real Estate – The article deals with the acquisition of a residential property, which is a core part of the Real Estate industry.
- Investment Management – CONAM Strategic Investments Fund IV LP, as part of The CONAM Group, is managing funds to acquire a luxury property, making this relevant to the Investment Management sector.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| CONAM Group | Purchaser | Company | A private equity firm specializing in real estate investments, currently operating through its Fund IV. |
| The Maxwell | Target | Company | A luxury 325-unit Class A multi-family community located in Frisco, Texas. |