Luxury community is the national real estate investment firm’s fourth property in the Denver area
Dayton, Ohio – December 21, 2023 – The Connor Group, a leading national real estate investment firm, announced the acquisition of Olivine, a luxury multifamily community in Littleton, Colorado. The purchase price was not disclosed.
Olivine is The Connor Group’s fifth acquisition in Colorado since entering the market in 2017 and its eighth purchase overall in 2023, bringing its total assets under management to more than $4.5 billion.
“Littleton is a highly sought-after destination within the Denver metro that provides residents with a community-driven environment and great schools,” said Bob Lloyd, CEO of The Connor Group. “Couple this with the fact that Olivine has extraordinary amenities and floor plans, and we’re confident it will continue to be a highly desirable place to live.”
“Anytime we enter a market, we do so with the intent to remain investors in that market for fifteen-plus years,” said Brock Wright, Senior Vice President of Acquisitions at The Connor Group. “Denver continues to be one of those markets that meets or exceeds expectations for our investors. We are
thrilled to continue to grow our portfolio with the addition of Olivine.”
Olivine offers residents easy access to an 18-hole golf course with scenic mountain views, an outdoor swimming pool, a state-of-the-art fitness center, and a rooftop lounge. Additional amenities include a marketplace, co-working space, practice putting green, a dog park, ski-tuning, and a community clubhouse.
Pet-friendly apartments feature designer kitchens with stainless steel appliances, full-size washers and dryers, stone tile and glass showers, large walk-in closets, and spacious private patios.
Located close to the Rockies and Downtown Denver, the City of Littleton is a vibrant, historic community with a wide range of cultural activities from popular breweries and restaurants to theater, museums, and art galleries, as well as 1,500 acres of open space with a variety of outdoor options including golf, tennis, fishing, and an extensive trail system including 35 miles of bikeways.
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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