Small businesses thriving three years after TCG loan

Jan. 31, 2023 –  The Connor Group completed its first property acquisition of 2023 with the purchase of The Boulevard in Tampa earlier this month. The 260-unit property is the Dayton-based real estate investment firm’s fourth purchase in Tampa since entering the market in 2019. “The Tampa market is one where we’ve been incredibly successful, and we are excited to expand our portfolio,” managing partner Larry Connor said. “The Boulevard is a Class-A asset, in an excellent location and it fits our business model.” The transaction expands The Connor Group’s portfolio to 12,971 units across 17 markets. The acquisition comes on the heels of another record-setting year for the company, which closed more than $3 billion in transactions in 2022. Shifting market conditions and The Connor Group’s long-standing reputation has created unique buying opportunities. “Over the last eight months, we’ve seen the number of potential acquisitions coming through the pipeline shrink three-fold,” Connor said. “In markets like this, we’ve always maintained a disciplined approach and ran toward the opportunity.” In 2022, The Connor Group expanded into the Miami/Ft. Lauderdale market. The company plans to enter multiple new markets over the next five years while continuing to raise the bar on […]

TCG associates fuel CKA fall events, future growth

The Connor Group Kids & Community Partners, recently honored by The Dayton Business Journal as Community Supporter of the Year finalist, grew in size, scope and impact in 2022. And it’s just getting started. In the spring, the organization broke ground on a $50-million campus for The Greater Dayton School. GDS, the state’s first private non-religious school for under-resourced students, opened its doors this summer at a temporary location. “We’re taking a revolutionary long-term approach to educating the whole child,” said Kids & Community Partners director Ryan Ernst. “That said, we’re already seeing dramatic development and improvement in our students. It’s a testament to the model, but more importantly to our founding staff. They’re just an unbelievably talented and committed group of educators.” The permanent campus will open in the fall of 2023 and feature a full-service health and wellness center. Also this summer, Connor Kids Academy expanded to Cincinnati, the program’s second market. CKA is an innovative approach to sports camps that provides kids with a potentially life-changing three-year experience. The program is delivered through partnerships with the University of Dayton and University of Cincinnati men’s basketball programs. Its curriculum, which focuses on creating healthy habits and teaching decision-making […]

Dec. 12, 2022 –  The Connor Group entered its 17th market Thursday with the purchase of Grand Riviera Miramar, formerly Bell Miramar, in the Miami/Ft. Lauderdale region. The property is the Dayton-based real estate investment firm’s third largest acquisition in its 30-year history. Financial details of the transaction were not disclosed. “We are incredibly enthusiastic about the Miami/Ft. Lauderdale market for multiple reasons,” managing partner Larry Connor said. “There’s unprecedented demand, it’s business-friendly, and we are confident we can buy at least one or two properties per year long-term.” The Class A luxury apartment community grows The Connor Group’s portfolio to a total of 13,286 units. Over the past 42 days, the company closed three of its largest acquisitions of all time amid a challenging real estate market. This latest market expansion is part of the company’s 2026 strategic plan. “Strategic planning has been one of our keys to success. Not only doing strategic plans, but executing them,” Connor said. “We expect to expand to 22 markets by 2026.” Grand Riviera Miramar is a 371-unit resort-style property that offers residents best-in-class amenities designed to promote wellness and relaxation. The luxury community sits just minutes away from Florida’s sunny beaches, including […]

Nov. 30, 2022 –  The Connor Group bought five luxury apartment communities and sold one in November, totaling $545.5 million in transactional volume. The Dayton-based real estate investment firm’s latest flurry of activity spanned five different markets – Minneapolis, Raleigh-Durham, Atlanta, Fort Worth and Indianapolis. “Market uncertainty, paired with rapidly rising interest rates, have created tremendous buying opportunities,” managing partner Larry Connor said. “While others are running to the sidelines, we are running towards the opportunities in a disciplined manner.” The acquisitions, The Coil (Indianapolis), Dock Street Flats (Minneapolis), Flats at Perimeter Place (Atlanta), Trinity Commons and Bradford Apartments (Raleigh-Durham), added 1,391 units to the company’s portfolio. Purchase prices were not disclosed. In Fort Worth, the company sold Firestone West 7th. The transaction marks The Connor Group’s 10th property sale of the year. The unique urban luxury apartment community is built around the historic 1920s Firestone Tire Shop in downtown Fort Worth. More than $2.6 million in proceeds from the property sale will directly benefit The Connor Group Kids & Community Partners, the company’s non-profit arm dedicated to serving under-resourced children in Connor Group markets. “We’ve been incredibly fortunate, and we believe we have both the opportunity and obligation to […]

Greater Dayton School students, teachers, make their mark on new facility

How Rodney Johnson’s 14-year career prepared him to manage multimillion-dollar projects

Connor Group aids Hurricane Ian disaster response teams

Connor Kids Academy, one of several non-profit programs conceived, funded and administered by The Connor Group Kids & Community Partners, is an innovative approach to youth sports programming. It provides under-resourced kids with a potentially life-changing three-year experience, leveraging professional and college athletes and coaches to provide impactful in-person experiences and an interactive app that promotes healthy habits and choices. And while the program impacts kids year-round, the highlight, undoubtedly, occurs during the summer when the program hosts its annual sports camps. In its second year CKA grew from 33 students and one market to 88 students in two markets – hosting camps with the University of Dayton men’s basketball program and University of Cincinnati men’s basketball program. Coaches and players worked with campers not just on basketball skills – reining NBA slam dunk champion Obi Toppin made an appearance at the Dayton camp – but on life skills as well. Staff and special guests led lessons and activities tied to the program’s curriculum, which focuses on healthy habits, as well as decision-making. “Like everything we do, we raised the bar from Year 1 to Year 2,” said Kids & Community VP Chuck Denning. “We looked at the mistakes we made in the first year […]