2023

People are our #1 Key to Success

Entrant Company

The Connor Group

Category

Company & Organization - Most Innovative Company of the Year

Client's Name

The Connor Group

Country / Region

United States

Founded in 1992 and based in Dayton, Ohio, The Connor Group is an industry-leading owner and operator of luxury apartments with a portfolio of more than 13,000 units across 18 markets. Over the firm’s 31-year history, it has grown from $0 to billions in assets.

The Connor Group’s unique approach to real estate operations, investment, culture, and innovation has produced unmatched success and investor returns. Since inception, the firm has delivered a 30.4% annual internal rate of return (IRR) after fees. In the last five years, it has delivered a 38% IRR.

The firm’s people are its number one key to success. Their relentless focus on operational excellence increases the bottom line of its apartment communities on average 60%+ in only 18 months. Compare this to the wider apartment industry, which needs 5-7 years or longer for similar growth.

As an organization, the firm believes in sharing the wealth. A percentage of firm revenue goes to its non-profit arm, The Connor Group Kids & Community Partners, which is committed to pulling kids out of generational poverty.

In August 2022, Connor Group opened The Greater Dayton School, Ohio's first private, nonreligious school exclusively for under-resourced children. Funded by Kids & Community Partners, The school's revolutionary model focuses on educating the whole child, providing top-notch tailored instruction to each student with wraparound clinic services, allowing kids to grow to their full potential. The school plans to invest $300,000 in each child's education over ten years, nearly three times the national average. During its first nine months, students went from 51% proficient or advanced in academics and fitness to 83%. Thanks to wraparound services, 98% of students are now up to date on pediatric, dental, and vision visits. The school opened with 100 students and will grow to serve more than 500 annually. A state-of-the-art $60 million permanent facility will open in Dayton in Fall 2023.
Kids & Community Partners dedicated $152 million since its 2016 inception towards pulling kids out of generational poverty. Over the next decade, it will devote $600 million toward this work.

Credits

Founder, managing partner
Larry Connor
Partner, CEO
Bob Lloyd
Partner, Senior VP
Brock Wright
Partner, Kids & Community Partners Director
Ryan Ernst
Partner, Greater Dayton School Founding Principal
A.J. Stich
 
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Entrant Company

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Category

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Country / Region

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People are our #1 Key to Success

Entrant Company

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Category

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Country / Region

United States

 
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Category

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Category

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Country / Region

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