Elliston 23 record transaction

Connor Group acquires record setting Nashville property

Dayton, Ohio-based real estate investment firm The Connor Group on Tuesday made the largest acquisition in company history with the purchase of a recently-completed mixed-use apartment and retail space in Nashville. The company acquired the 331-unit Elliston 23 from 2300 Ellison Place LLC. Although specific financial information was not disclosed, The Connor Group confirmed the transaction was the highest-priced acquisition in company history. “No matter the size or cost of an acquisition, we are always very disciplined in our underwriting processes,” said managing partner Larry Connor. “Not only is Elliston an incredible property, it’s a fantastic fit for our operational model.” Elliston 23, located in Nashville’s West End submarket, was completed in 2013. The Connor Group, which specializes in Class A apartment communities in Class A locations, last year entered the Nashville market with the $60.5 million acquisition of Ashton Brook. Connor said the company has had its eyes on Nashville for years and has become more interested since its initial purchase there. “At the end of the day, our people dictate whether or not we expand in a particular market,” he said. “We have a great team in place in Nashville and they’re ready to grow our operations there.” […]

Glassdoor best places to work.

TCG honored as top workplace

Careers website Glassdoor.com has honored The Connor Group as one of the Best Medium-Sized Companies to Work For in 2014. “We’re always looking for ways to become a more associate-focused organization,” said Connor Group managing partner Larry Connor. “That means increased training, more advancement opportunities and better benefits, among other things. Culturally, we’re big believers in constant improvement. We don’t think these rankings mean we’ve accomplished everything we want to do, but I think it’s a sign that we’re on the right track.” The Connor Group was ranked 48th by the website, among companies with fewer than 1,000 employees. In the past, the site has honored larger companies like Facebook, Google, LinkedIn, Apple, Nike, Twitter, Boeing and Starbucks. Glassdoor has more than 22 million users and rates nearly 300,000 companies. The Glassdoor Employees’ Choice Awards rely solely on the input of employees, who elect to provide feedback on their jobs, work environments and companies via Glassdoor’s anonymous online company review survey. “Glassdoor is working to create greater workplace transparency and is committed to helping people find jobs they love,” said Glassdoor CEO & Co-founder Robert Hohman. “Through the Employees’ Choice Awards, we aim to highlight those employers that excel in […]