The Connor Group
- @CNMall41: Thank you for your response. Looking closely at CORPDEPTH, I feel surprised this coverage does not qualify. I hope this draft demonstrates that the sources do indeed make it possible to "write more than a very brief, incomplete stub", and I believe they do provide description, commentary, and analysis on the topic of the organization. One of the examples provided in the final paragraph of INHERITORG is Template:Tq is only for quoting in talk and project pages. Do not use it in actual articles. I know official policies can't always capture the nuances of the factors in these evaluations, but I'm struggling to understand. Mary Gaulke (talk) 00:51, 7 April 2025 (UTC)
- @CNMall41: Thanks so much for this feedback and for taking the time. First up, made some edits to the Kids & Community Partners section I hope address your concerns there.
- On the sources I identified as most significant – I'm not sure I agree that four of the five lack significant coverage of the group. While the founder is often the headline hook, the articles themselves dig into the company itself quite a bit more – e.g., the Inc. headline focuses on the founder, but the article itself is about the company's inclusion on the publication's "Best in Business" list. The Forbes article details the company's historical performance, future prospects, business model, and workplace culture. Commercial Observer covers more about the company's strategy, operations, and nonprofit activity.
- In identifying these sources as significant, I was particularly thinking of the third paragraph of WP:INHERITORG (Template:Tq is only for quoting in talk and project pages. Do not use it in actual articles.). Please do let me know if I'm misinterpreting this, but these cases seem pretty well aligned with some of the examples cited there.
- Thank you again! Mary Gaulke (talk) 03:46, 30 March 2025 (UTC)
Comment: In addition to making some edits, listing what I believe is the most significant coverage of this org before resubmitting:
- Tognini, Giacomo (17 April 2024). "Meet The Skydiving Billionaire With Sky-High Returns". Forbes. Retrieved 22 December 2024.
- Donaldson, Ali (December 2023). "This Founder Built a School to Fight Poverty in His Community". Inc. Retrieved 22 December 2024.
- Demeropolis, Tom (30 June 2008). "Connor Group sees growth". Dayton Business Journal. Retrieved 22 December 2024.
- Setty, Ganesh (1 May 2020). "A real estate CEO made $1.6 million in the stock market. Then he gave the money to his employees". CNN. Retrieved 22 December 2024.
- Coen, Andrew (4 November 2024). "Investor Larry Connor Isn't Afraid of Heights — No, You Don't Understand". Commercial Observer. Retrieved 23 December 2024.
Thank you! Mary Gaulke (talk) 01:25, 25 March 2025 (UTC)
 | |
Formerly | Connor, Murphy and Berman |
|---|---|
| Private | |
| ISIN | 🆔 |
| Industry | Real estate investment |
| Founded 📆 | 1991 in Dayton, Ohio[1] |
| Founder 👔 | Larry Connor |
| Headquarters 🏙️ | , |
Area served 🗺️ | |
| Total assets | $5 billion[2] (2024) |
| Members | |
Number of employees | 430[3] (2024) |
| 🌐 Website | connorgp |
| 📇 Address | |
| 📞 telephone | |
The Connor Group is an American real estate investing company based in Miamisburg, Ohio.[4] As of 2024[update], it managed apartment buildings in 12 states worth $5 billion.[2] The company established the Greater Dayton School through its nonprofit arm.[5]
History
Larry Connor founded the company in 1991[6] as Connor, Murphy and Berman,[7] later Connor & Murphy.[8] Connor recruited two partners and one investor to found the company.[2][9] Connor bought out the other partners in 2003.[10]
The company invested heavily in new apartment complexes in the late 1990s.[8] In order to close sales quickly,[8][6] the Connor Group began inspecting properties prior to putting them under contract.[11] The company changed its name to The Connor Group in 2004.[10]
In 2008, the company had 325 employees and owned more than 13,000 units with a value exceeding $1 billion.[6] Following the 2007–2008 financial crisis, the company purchased many new properties while prices were low, a strategy it repeated during the first years of the COVID-19 pandemic.[2][12]
In 2011, Connor and Pat Dorsey formed First Billing Services, which the Connor Group sold to Paya, Inc. in January 2019.[13] The Connor Group's total holdings across 11 markets reached $2 billion in 2017.[14] In 2020, Larry Connor gave $1.6 million in bonuses to employees with salaries below $150,000.[15] The company exceeded $3 billion in transactions in 2022.[16]
From 1991 to 2024, the Connor Group's investments generated a 30.4% annual rate of return.[2][17]
Operations
The Connor Group sells properties it acquires after an average of five and a half years, shorter than the 10-year standard of publicly traded real estate investment trusts. As of April 2024[update], the company managed 51 apartment buildings in 12 states, with a value of $5 billion.[2] The company headquarters are on the grounds of Dayton–Wright Brothers Airport in Miami Township, Montgomery County, Ohio.[18][19]
Since 2002, the Connor Group's partnership program[20] makes high-performing employees eligible for a partnership stake.[21] In 2024, 66 partners owned a total of 7 percent of the firm; Connor and his family own the remainder.[2]
Kids & Community Partners
In 2007, the Connor Group established a nonprofit arm, Kids & Community Partners.[22] The nonprofit runs the Greater Dayton School, a private school for students who are qualified for Medicaid[23] or are below 130 percent of the federal poverty line. The school began operating in August 2022[24] and opened its campus in March 2024.[23] The school provides wraparound services like an onsite health clinic.[5] As of December 2023, the company had pledged $152 million toward building and operating the school.[24]
Kids & Community Partners has also supported disaster relief,[25] a nonprofit for first-generation college students,[26][27] and the Dayton Children's Hospital.[28]
References
- ↑ Larsen, Dave (13 October 2014). "Connor names new head of operations". Dayton Daily News. Retrieved 23 December 2024.
- ↑ 2.0 2.1 2.2 2.3 2.4 2.5 2.6 Tognini, Giacomo (17 April 2024). "Meet The Skydiving Billionaire With Sky-High Returns". Forbes. Retrieved 22 December 2024.
- ↑ "The Connor Group". The Business Journals. Retrieved 17 January 2025.
- ↑ Gnau, Thomas (5 December 2023). "Miami Twp.'s Connor Group makes Inc. magazine 'Best in Business' list". Dayton Daily News. Retrieved 22 December 2024.
- ↑ 5.0 5.1 Scott, Greg (22 November 2023). "The Greater Dayton School boasts world-class feel". Dayton Business Journal. Retrieved 23 December 2024.
- ↑ 6.0 6.1 6.2 Demeropolis, Tom (30 June 2008). "Connor Group sees growth". Dayton Business Journal. Retrieved 22 December 2024.
- ↑ Archdeacon, Tom (7 October 2017). "Local adventurist spearheads UD Arena project". Dayton Daily News. Retrieved 22 December 2024.
- ↑ 8.0 8.1 8.2 Thompson, Julie (13 May 2002). "Apartment investors prepare for buying spree". Dayton Business Journal. Retrieved 22 December 2024.
- ↑ McClory, Eileen (8 December 2023). "See why Larry Connor says Dayton has 'huge advantages'". Dayton Daily News. Retrieved 23 December 2024.
- ↑ 10.0 10.1 "Connor and Murphy changes name". Dayton Business Journal. 9 August 2004. Retrieved 23 December 2024.
- ↑ Thompson, Julie (16 April 2001). "Apartment developer ready to roll". Dayton Business Journal. Retrieved 23 December 2024.
- ↑ Wiltermuth, Joy (10 January 2024). "This landlord is seeing apartment rents increase amid a U.S. construction boom". MarketWatch. Retrieved 23 December 2024.
- ↑ Gnau, Thomas (8 January 2019). "Connor Group sells company for $57.5M". Dayton Daily News. Retrieved 22 December 2024.
- ↑ Gnau, Thomas (24 February 2017). "Explosive growth: Dayton-area company now has $2B in assets". Dayton Daily News. Retrieved 22 December 2024.
- ↑ Setty, Ganesh (1 May 2020). "A real estate CEO made $1.6 million in the stock market. Then he gave the money to his employees". CNN. Retrieved 22 December 2024.
- ↑ Jarrell, Zachary (11 August 2023). "One of Dayton's top companies continues adding to its portfolio". Dayton Business Journal. Retrieved 17 January 2025.
- ↑ Coen, Andrew (4 November 2024). "Investor Larry Connor Isn't Afraid of Heights — No, You Don't Understand". Commercial Observer. Retrieved 23 December 2024.
- ↑ Gnau, Thomas (28 January 2022). "JobsOhio backs Connor Group expansion with $800K". Dayton Daily News. Retrieved 18 March 2025.
- ↑ Bush, John (28 January 2022). "New details emerge on Dayton-area company's $20M headquarters expansion, facility investment". Dayton Business Journal. Retrieved 18 March 2025.
- ↑ Peralta, Paola (16 February 2024). "Why this founder lets employees own part of his company". Employee Benefit News. Retrieved 23 December 2024.
- ↑ "Dayton real estate firm names new partners". Dayton Business Journal. 7 March 2019. Retrieved 18 March 2025.
- ↑ Bova, Dennis (14 November 2022). "The Connor Group's nonprofit arm creates new spinoffs". Dayton Business Journal. Retrieved 17 January 2025.
- ↑ 23.0 23.1 McClory, Eileen (13 March 2024). "'It's the learning in the building that matters': New school opens downtown". Dayton Daily News. Retrieved 22 December 2024.
- ↑ 24.0 24.1 Donaldson, Ali (December 2023). "This Founder Built a School to Fight Poverty in His Community". Inc. Retrieved 22 December 2024.
- ↑ Levingston, Chelsey (1 April 2010). "Coalition's relief effort to Haiti is paying off". Dayton Daily News. Retrieved 18 March 2025.
- ↑ McClory, Eileen (11 December 2023). "Nonprofit aims to help first-generation students get into, graduate from college". Dayton Daily News. Retrieved 23 December 2024.
- ↑ Mistretta, Nicole (25 April 2024). "Dayton university's partnership with nonprofit will expand access to college for first-generation students". Dayton Business Journal. Retrieved 17 March 2025.
- ↑ Fisher, Jacob (14 October 2020). "The Connor Group pledges $5M to support thousands of Dayton Children's patients, families". Dayton Business Journal. Retrieved 23 December 2024.
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