Real Estate Forum: Forum 100
The Connor Group
Owner/Investor | Honorable Mention
Company:   The Connor Group
Address: 6485 Centerville Business Parkway
City: Centerville
State: OH
Zip:   45459
Phone: (937) 434-3095
Fax: (937) 434-6215
Email: prini@theconnorgrp.com
Website: www.theconnorgrp.com
Key Executive  
1. Name: Larry Connor
    Title: Managing Partner
2. Name: Jim Murphy  
    Title: Senior Partner
3. Name: Patrick Rini  
    Title: Partner
4. Name: Bob Holzapfel
    Title: Partner and CFO
*Number of Offices: 1
*Number of Employees: 300
*Gross Revenues Fiscal Year 2006: 88 million
*Projected Revenues Fiscal Year 2007: 100
Selected Areas of Specialization: Own and operate quality apartment communities in Ohio, Atlanta, Dallas and Charlotte / Raleigh-Durham NC
Company Overview: Buy Class A or high B apartments that are underperforming by our standards. Re-engineer the businesses through our systematic management style and sell or refinance the apartments in the first 24 to 60 months. We've generated internal rates of return on average of 30% a year for our investors since we began investment funds in 1998.
*Total Portfolio Size: 39 apartment communities
Number of buildings: n / a
Square Footage: n / a
Number of Units/Rooms: 12,000
*Total Value of Portfolio: 875 mikllion
Percentage by Property Type:  
Office: %
Industrial: %
Retail: %
Apartments: 100 %
Hotels: %
Other: %
(Please specify)
Percentage by Geographic Area:  
Northeast: %
Southeast: 35 %
Midwest: 50 %
Southwest: 15 %
West: %
International: %
Total Acquisitions in 2006:  
Number of buildings: 11 apartment communities
Square Footage: n / a
Number of Units/Rooms: 3,000 units
Total Value of Acquisitions in 2006:   232 million  
Total Dispositions in 2006:  
Number of buildings: 6 apartment communities
Square Footage: n / a
Number of Units/Rooms: 1,500 units
Total Value of Acquisitions in 2006: 102 million