Texas
Local real estate investor scores dual Texas transactions
The agency acquired the property in Could 2020 and after simply shy of two years, the deal supplied investor returns almost 5 occasions bigger than unique projections, the Connor Group stated. Once more, monetary particulars weren’t disclosed.
“L2 Uptown supplied us a singular alternative to enter a submarket we had been thinking about for fairly a while,” managing companion Larry Connor stated in a launch. “Whereas nearly all of firms have been operating to the sidelines, we have been all in.”
The Connor Group focuses on discovering condominium properties nationwide that firm leaders consider are poised for future appreciation and ripe for funding. They purchase the properties, specializing in enhancements, then promote once they consider the time is correct.