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 Class-A asset in a thriving community in a market where we believe we will be very successful.”
The Villas at Wyndham Lakes is a 332-unit luxury apartment community located in the Coral Springs submarket, with a diverse range of unit types, including one, two, and three-bedroom apartment homes and townhomes. Each unit boasts high-end finishes such as stainless appliances, kitchen subway tile backsplash, wood-style plank flooring, vaulted ceilings, garden tubs, in-home full-size washer and dryer and attached garages.
Nestled in one of South Florida’s most sought-after neighborhoods, The Villas at Wyndham Lakes offers a serene and sophisticated environment, perfectly blending modern design with natural beauty.
The latest acquisition comes on the heels of The Connor Group’s expansion into the Phoenix market with the addition of Aston Scottsdale.
About The Connor Group
The Connor Group is one of the country’s top privately held real estate investors and operators with a 31-year track record of innovation, accelerated growth, and industry-leading investment returns. Based in Dayton, Ohio, The Connor Group was founded in 1992 and has grown from $0 to $4 billion in assets. With a portfolio encompassing more than 13,000 luxury apartments across 18 markets, The Connor Group is committed to providing exceptional living experiences, focusing on quality, innovation, and resident satisfaction.
The firm’s unconventional approach is distinguished by its strong focus on core values, performance-driven culture, relentless focus on operational excellence, and disregard for conventional wisdom, allowing it to outpace competitors and deliver consistent, top 1% results to its investors for three decades.
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