CONAM Strategic Investments Fund IV LP, a discretionary fund sponsored by The CONAM Group, has acquired the Skylar Grand in Portland, Oregon. This Class A multi-family community features 170 units and 5,698 square feet of retail space. It is the latest addition to CONAM’s growing portfolio in Portland and marks the first investment for Fund IV.
According to Robin Elihu, CONAM’s Western U.S. Acquisitions Director: “We are pleased with our acquisition of Skylar Grand as it aligns well with our existing assets within one mile.” Located in Burnside Bridgehead – one of Inner Eastside’s newest neighborhoods – this property offers direct access to both A and B loops on the Portland Streetcar line. Additionally, it is just minutes away from popular destinations such as Moda Center (home of the Portland Trailblazers) and Willamette River.
The area also boasts convenient entry points for pedestrians and cyclists via Eastbank Esplanade trail which connects to Willamette Greenway loop. With its prime location and strong potential for growth within Fund IV’s national portfolio expansion plans; Skylar Grand presents an exciting opportunity for CONAM Strategic Investments Fund IV LP.
