Wright said the Naperville, Ill. submarket is one the company plans to continue operating in long-term, expecting the area to continue to outperform other areas of the Chicago real estate market.
The Connor Group is on track for what it called Monday a “record-setting summer,” having closed or placed under agreement $848 million in transactions.
Today, the company is on pace to surpass $2 billion in transactions for the first time in its history.
The business owns and operates 45 apartment communities in 16 markets nationwide, buying apartments it deems ripe for appreciation and selling them when the time is right.