At The Connor Group, recognizing top performers is a fundamental part of our culture. We celebrate the associates who set the standard for excellence, push the limits of what’s possible and lead by example. But once a year, we take it to the next level.
August 10, 2023 – The Connor Group, a leading national real estate investor and operator of luxury apartments, added to its Charlotte market portfolio by closing on The Alcove at Birkdale Village (formerly Redcliffe at Kenton Place), a 314-unit luxury apartment community near Lake Norman. The purchase price was not disclosed. The Dayton, Ohio-based firm has closed on $334 million of acquisitions nationally in the last three months. The Alcove at Birkdale Village is The Connor Group’s sixth purchase in 2023, bringing its assets under management to over $4 billion. “Acquisitions are a significant part of our investment strategy, regardless of market conditions,” said Bob Lloyd, CEO of The Connor Group. “Rising interest rates may be slowing investments, but we remain disciplined in our approach and will continue to utilize our investment conviction, market knowledge, and operational excellence to identify opportunities that enable us to achieve consistent, unprecedented returns for our investors.” The purchase of The Alcove at Birkdale Village adds a third property in the Charlotte submarket for The Connor Group, joining Elizabeth Station and Greenway at Mallard Creek. “The Alcove at Birkdale Village is ideally situated in a thriving market where we have operated successfully for more than […]
June 20, 2023 – The Connor Group, a leading national real estate investor and operator in luxury apartments, added to its Miami/Fort Lauderdale portfolio by closing on The Villas at Wyndham Lakes, formerly Wyndham West Villas, for $121 million. The closing marks the second property acquisition in seven days, the fourth in 2023, for The Connor Group bringing the assets under management total to $4 billion. Bob Lloyd, partner and CEO of The Connor Group, emphasized growth is part of the company’s strategic plan. “We remain disciplined in our approach but will run towards opportunity because we have the right people, plan and processes to achieve new heights,” said Lloyd. “We have a proven track record of success regardless of market conditions. We are built for this.” The purchase is the second for the Dayton-based firm in South Florida since entering the Miami/Fort Lauderdale market in 2022. Brock Wright, partner and vice president of acquisitions, stated this acquisition in Southeast Florida aligns with the company’s long-term strategic plan. “When we enter a market, we do so with plans to operate long-term in that market. This is a great opportunity for our investors and associates. The Villas at Wyndham is a […]
June 13, 2023 – The Connor Group, a leading real estate investor and operator specializing in luxury apartment communities, officially expanded into Phoenix, Arizona, entering its 18th market. The Dayton-based firm closed on the purchase of The Aston Scottsdale, formerly known as Alta Raintree. Purchase price was not disclosed. “We’re thrilled to enter the Phoenix market. We’re incredibly enthusiastic about the opportunities in this area not only for our investors but for our associates,” said managing partner Larry Connor. “When we look to enter a new market, we’re looking to enter it for the long-term. So, we have specific criteria a city must meet. Phoenix is a thriving city, and this market checked all the boxes for us.” Aston Scottsdale is a 330-unit luxury apartment community located in the North Scottsdale submarket, with spacious one-, two- and three-bedroom floor plans. Each unit features modern architectural finishes with high-quality amenities and stunning views of Downtown Scottsdale and the McDowell Mountains from the property’s sky lounge. Additional amenities include an UrBo Market, resort-style pool, fitness and yoga studios, putting green, dog park and more. The Connor Group is confident expansion in the Phoenix area fits the organization’s long-term business model. This lifestyle […]
The Connor Group was featured in a recent article in Inc. Magazine, highlighting the firm’s ‘different’ approach to real estate that has resulted in historic returns. Read the full article on Inc.com.