The company entered the Atlanta market in 2003 and still owns five communities in the metro area.
“We were at a point where we felt we could maximize our return to investors,” said Larry Connor, managing partner, in a statement. “We like this market and we’ll continue to look for acquisitions in Atlanta.
The Connor Group owns $1.5 billion in assets. It owns and operates communities in Atlanta, Austin, Charlotte, Chicago, Cincinnati, Columbus, Dallas, Dayton, Nashville and Raleigh-Durham, N.C.
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