CONAM Expands Las Vegas Portfolio with Acquisition of 180-Unit Community, Reverb at Spring Valley

SAN DIEGO, July 25, 2025 /PRNewswire/ -- CONAM Strategic Investments Fund IV LP, a discretionary fund sponsored by The CONAM Group (CONAM), is pleased to announce the purchase of Reverb at Spring Valley, a 180-unit multi-family community in Las Vegas, NV. This property adds to CONAM's portfolio within the Las Vegas market and is the latest acquisition in Fund IV.

Completed in 2000, Reverb at Spring Valley features two-story garden style buildings with large floor plans and majority two-bedroom floor plans. The community amenities include a clubhouse with a coffee bar, game room, fitness center, and a pool deck with assorted outdoor games, fire pits, and barbeques for residents.

"CONAM, which has long enjoyed a robust presence in the Las Vegas market, has been focused on expanding its presence seeking quality, well located assets at an attractive cost basis. We are pleased with the addition of Reverb at Spring Valley to our portfolio as it complements our fund investment strategy and holdings throughout the Las Vegas market," says Zach Markell, CONAM's Western US Acquisitions Director. "Reverb at Spring Valley will continue to flourish in the dynamic Summerlin/Spring Valley market with its robust population growth, strong lifestyle amenities, and diversifying economy."

Reverb at Spring Valley is located along the Las Vegas Beltway at the nexus of Summerlin and Spring Valley, which provides residents with easy access to major employers in Southwest Las Vegas and on the Las Vegas Strip. Nearby, residents can access major retailers such as Target and Albertsons, a multitude of dining options, the Las Vegas Athletic Club, and the dynamic retail and lifestyle amenities in Downtown Summerlin and The Curve.

CONAM continues to evaluate opportunities that align with our investment strategy in Fund IV. We are active buyers within the market and are excited to continue to grow the portfolio nationally.

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SOURCE CONAM