2024

The Connor Group shows with the right people, plans, and process, anything is possible!

Entrant Company

The Connor Group

Category

Company & Organization - Best Workplace of the Year

Client's Name

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 15,000 units across 18 markets. Over the firm’s 32-year history, it has grown rapidly in assets, establishing itself as one of the top private real estate investors in the U.S. The Connor Group’s novel approach to operations, investment, culture, and innovation has produced unmatched success and investor returns.

Since its inception, the firm has delivered a 30.4% annual internal rate of return (IRR) after fees, and in the last five years, has delivered a 37% IRR. The firm’s people are its #1 key to success. Their relentless focus on operational excellence increases the bottom line of its apartment communities by on average 60%+ in only 18 months. Compare this to the wider apartment industry, which needs 5-7 years or longer for similar growth.

The firm believes in sharing the wealth, and 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 March 2024, Connor Group opened a state-of-the-art permanent campus for The Greater Dayton School, Ohio's first private, nonreligious school exclusively for under-resourced children, which the company founded in August 2022. Funded by Kids & Community Partners, The Greater Dayton School's revolutionary model focuses on educating the whole child, providing top-notch tailored instruction to each student with wraparound clinic services, and allowing kids to grow to their full potential.

98% of students are up to date on their pediatric, dental, and vision visits, and far exceed other low-income students in the county in terms of reading and math proficiency, and kindergarten readiness. The school plans to invest in each child's education over ten years, nearly 3X the national average, and will grow to serve more than 500 annually. Kids and Community Partners has dedicated itself since its 2016 inception to pulling kids out of generational poverty. Over the next decade, it will be devoted to this work.

Credits

The Connor Group
Larry Connor
The Connor Group
Bob Lloyd
The Connor Group
Brock Wright
The Connor Group
Ryan Ernst
The Greater Dayton School
AJ Stich
 
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