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 […]
People always have been – and always will be – The Connor Group’s No. 1 key to success. It’s our job to find, interview and evaluate those special people. In recent months we’ve asked recruiters and leaders within the organization about their all-time best hires. Partner and area manager Payton Stone, who oversees our Atlanta, Charlotte and Raleigh-Durham markets, recently told us about his senior lead tech Willie Edmonds … Why was he your best hire?Willie’s been able to show new techs that we hire what is possible when you have a solutions-oriented, optimistic, team-first mentality. What do you remember most from his recruiting process?From the very beginning, he not only said he would be the best, but he backed it up through actions from his day in the field through his first 90 days. He was a servant leader from Day 1. What made you think he would be a good fit?Willie has incredible discipline from his days in the military. He’s also an ultra-competitive human being when it comes to everything that has a winner involved. He hates losing more than he loves winning. Which of his traits do you wish you could find in more candidates?Competitor and […]
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 […]
Our Awards Breakfasts are filled with surprises, but nothing quite compares to promotions to partner. Today five associates walked down the red carpet at our Central Support Office, bringing the total number of Connor Group partners to 63. Cheers and applause filled the atrium as each promotion unfolded. Indianapolis market founder and veteran lead tech Phil Cyphers is best known for his customer service. He started with the company 10 years ago and now has earned the distinguished title of partner. “People love to be around you,” partner and senior regional trainer Rob Murray said. “You service everyone with a smile. Everybody knows your name at the properties. It’s amazing all the customer service you give to everybody. You’re one of a kind.” Senior director Tiffany Montoya teared up as her name was announced at this morning’s celebration. Since joining The Connor Group in 2018, she’s brought a can-do attitude, moving to Columbus and then across Cincinnati and Dayton. “You’ve been the difference maker in the Cincinnati and Dayton markets,” partner and regional head Sal Gracia said. “You’re now one of the cornerstones, the foundational pieces of the market. A go-to resource that trains and sets new standards.” Three CSO […]
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