Connor Group expands holdings in North Carolina

CENTERVILLE — The Connor Group has purchased a 186-unit apartment community in Durham, N.C., according to a news release.

Connor Group paid $17.6 million for the property, Parc at University Tower, the release states.

The acquisition marks the company’s fifth in the Raleigh, N.C., area, company officials said.

Connor Group says it has more than $1.4 billion in assets in Atlanta, Cincinnati, Columbus, Dallas and Dayton.

“This positions us to continue to take advantage of a growing marketplace,” Larry Connor, the company’s managing partner, said in a statement.

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