Early Life and Education
Larry Connor was born in Albany, New York, in 1950. His parents instilled in him a strong work ethic. After moving to Ohio, Connor's teachers initially suggested that trade school would be his best option. Despite this, he attended Ohio University, where he excelled academically, graduating summa cum laude with degrees in English and history.
Rise to Success
Connor's entrepreneurial endeavors began in his youth with a house painting business and continued with a restaurant venture and, later, into the technology sector. In 1991, he founded The Connor Group in Dayton, Ohio, initially focusing on luxury apartment communities. Starting with a single investor and seed funding, the company grew to manage over $5 billion in assets and operate in 18 markets across the U.S.. Connor's leadership has been instrumental in the company's success, achieving an annual rate of return of 30.4%.
Key Business Strategies
The Connor Group's strategy centers on acquiring, managing, and enhancing the value of luxury apartment communities. Connor emphasizes a performance-driven culture, operational excellence, and quick returns on investments, typically holding properties for about five and a half years. He prioritizes a strong company culture focused on core values. The firm has grown through strategic acquisitions and a disciplined approach to real estate investment.
Philanthropy
Connor is actively involved in philanthropy, notably through The Connor Group Kids & Community Partners. The organization has devoted significant funds to nonprofit causes, including the Greater Dayton School, Ohio's first private non-religious school for under-resourced students, which Connor founded in 2022. Connor's philanthropic efforts also include support for education and communities where The Connor Group operates.