Dayton, Ohio – January 29, 2024 – The Connor Group (the “Company”), a leading national real estate investment firm, achieved strong growth and several milestones in 2023 despite challenging market conditions.
“We have a proven track record over the last three decades of operating at an elite level regardless of what the economy is doing,” said Larry Connor, Founder and Managing Partner at The Connor Group. “It all comes down to our people, plans, and process, which enable us to move swiftly with conviction no matter the endeavor.”
Business Success
- The Connor Group acquired eight properties nationwide in 2023, growing its portfolio from 12,971 luxury units to more than 15,000.
- AUM grew from $3.7 billion in January to $5.02 billion in December.
- Expanded into Phoenix, Arizona, its 18th market, with the acquisition of The Aston Scottsdale.
- Closed more than $1 billion in transactional volume in 2023 across 18 capital events.
- The Company named seven new partners: A.J. Stich, Matt Brewer, Tyler Oberly, Kara Kershner, Ted Stephenson, Josh Lloyd, and Traci Quetano.
Recognition
- The Connor Group won six Inc. Best in Business Awards, which honor companies making the biggest impact on their communities and industries.
- The Company also won six TITAN Business Awards, which recognize entrepreneurs and enterprises worldwide.
- The Greater Dayton School was recognized as “Startup of the Year,” and The Connor Group was recognized as a “Best Place to Work” by The Dayton Business Journal.
Giving Back
- Kids & Community Partners, the nonprofit arm of The Connor Group, has distributed more than $152 million since it started to help pull kids out of generational poverty and announced it will devote $800 million over the next decade.
- The Greater Dayton School, started and funded by Kids & Community Partners, welcomed teachers and students to its new permanent facility at 171 Deeds Park Drive in Dayton, Ohio, in December.
- Larry Connor helped raise $1 million for Special Operations Warrior Foundation by setting a new Guinness World Record for high-altitude formation skydiving.
“2023 was a good year for The Connor Group, but we’re already looking ahead to 2024 and bigger things ahead,” added Connor. “I want to thank all the team members who contributed to our success.”
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 has grown to $5 billion in assets with a portfolio encompassing more than 15,000 luxury apartments across 18 markets. The firm is committed to providing exceptional living experiences by emphasizing quality, innovation, and resident satisfaction. Its unconventional approach is distinguished by a strong focus on core values, a performance-driven culture, a relentless focus on operational excellence, and disregard for conventional wisdom.
Media Contact
Chris Riva
VP of Communications
criva@connorgroup.com