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larry connor

T2 · manager / operator

Larry Connor founded The Connor Group in 1991 with $400,000; today it manages over $5B in luxury apartment assets with 30%+ annual returns over 33 years. Also an accomplished adventurer (Mariana Trench dives, ISS mission, racing champion) and philanthropist (Colin's Lodge for adults with Down syndrome).

1 call·1 name·100% bull·last heard 8 months ago·Generating Alpha Podcast
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$CONNOR-GROUPThe Connor Groupposition

Connor Group founder details 30%+ annual returns via contrarian apartment acquisitions and broad equity ownership

The Connor Group achieves 30%+ net annual returns by buying the 1% of underperforming luxury apartments in prime locations, using proprietary qualitative-quantitative underwriting models, and aligning all 400 employees via equity partnership (70 partners including groundskeepers).

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The Connor Group
HIGHlarry connor·Generating Alpha Podcast·8 months ago·Episode 46: Larry Connor - Founder of The Connor Group· position
Connor Group founder details 30%+ annual returns via contrarian apartment acquisitions and broad equity ownership
The Connor Group achieves 30%+ net annual returns by buying the 1% of underperforming luxury apartments in prime locations, using proprietary qualitative-quantitative underwriting models, and aligning all 400 employees via equity partnership (70 partners including groundskeepers).
"So, the average size deal that we buy today is about $85 million. They generally tend to be more suburban than urban. And so what we buy is and how we describe it is we buy great…"
17:40
8
Private Marketstailwind
Contrarian crisis buying and proprietary models drive 30%+ net returns in real estate private equity
During the 2008 financial crisis, The Connor Group ran toward distressed apartment assets while competitors fled, leveraging proprietary underwriting models that merge quantitative and qualitative factors to acquire only 1% of screened deals, resulting in just 9 losses out of 210 acquisitions over 33 years.
7
Private Marketstailwind
Broad-based equity ownership aligns incentives and drives operational excellence in labor-intensive assets
The Connor Group's partner program makes 70 of 400 associates equity owners—including groundskeepers and sales staff—creating a culture where high achievers self-select and operational accountability compounds returns in a business dependent on daily execution.