380. How Larry Connor Built a Multi-Billion-Dollar Multifamily Machine

In this special guest episode of The TreppWire Podcast, we sit down with Larry Connor, Founder and Managing Partner of The Connor Group, one of the largest privately held multifamily investment firms in the U.S. Larry shares how he went from a failed business venture to building a multi-billion-dollar multifamily platform grounded in operational discipline. He explains why operations, not renovations, drive the greatest value creation, how his team uses real-time data and AI to measure resident satisfaction, and why the 2020- 2022 liquidity era created a market that couldn’t last. Beyond real estate, Larry reflects on serving as pilot on Axiom Mission 1 to the International Space Station and participating in other demanding expeditions, outlining the philosophy of disciplined risk, preparation, and purpose that guides both his missions and his investment strategy. He closes with advice for builders and operators alike: aim high and don’t self-limit. Tune in now.Episode NotesBackground & Start in Real Estate (1:10)Parallels Between AI & Introduction of Computers (4:09) Tenant Satisfaction & Property Value (4:39)Real Estate Market Predictions (12:43)The Connor Group Investment Strategy (17:14)Adventures and Philanthropy (24:12) Questions or comments?Contact us at [email protected].    Follow Trepp:  X: www.x.com/TreppWire LinkedIn: www.linkedin.com/company/trepp