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The Dean
DevelopmentIllinoisNews

Core Spaces to Complete 672-Bed Community Near the University of Illinois at Urbana-Champaign

by Katie Sloan

Champaign, Ill. — Construction is set for completion on The Dean, a 672-bed development by Core Spaces located near the University of Illinois at Urbana-Champaign. The community is scheduled to open on August 19 and will offer a mix of studio, one-, two- and four-bedroom, fully-furnished units. Shared amenities will include ground-floor retail; a rooftop sundeck with a hot tub and a swimming pool; an outdoor lounge with a barbecue area and seating; a spa with a sauna; a clubroom and lounge; an executive business area; meeting and study rooms; and …

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Bridle Works
DevelopmentIllinoisNewsOperations

CA Ventures Launches Property Management Platform for European Student Housing Portfolio

by Katie Sloan

Chicago — CA Ventures has launched Novel Student, a property management platform that will operate the Chicago-based firm’s portfolio of student housing properties across Europe. Upon launch, the platform will operate three communities currently under development by CA Ventures:  Hillside House, a 250-bed community located near Sheffield University and Sheffield Hallam University; Bridle Works, a 422-bed community located near the University of Strathclyde, the University of Glasgow and Glasgow Caledonian University; and Silk Mill, a 225-bed community near Edinburgh Napier University and the University of Edinburgh. All three properties are set for …

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Hub-Limestone
DevelopmentIllinoisNews

Construction Underway on Five Properties by Core Spaces Totaling 2,709 Beds

by Katie Sloan

Chicago — Construction is currently underway on five properties totaling 2,709 beds by Chicago-based Core Spaces. New Developments include:  The ōLiv, a 605-bed community serving students attending the University of Arizona in Tucson; A second project named The ōLiv, offering 464 beds near Arizona State University in Tempe; Hub on Campus Gainesville 3rd Ave, a 661-bed community located near the University of Florida in Gainesville;  Hub on Campus Gainesville University, another 413-bed project serving students attending the University of Florida; and Hub on Campus Lexington Limestone, a 566-bed community located …

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Company NewsIllinoisNews

The Scion Group Launches Strategic Initiative to Boost Collaboration with University Housing Departments

by Katie Sloan

Chicago — The Scion Group has launched Scion Campus Connections, a new strategic initiative aimed at improving collaboration between university and college housing departments and Scion’s off-campus housing teams. “The COVID-19 pandemic has changed the way we think about student housing density, dramatically illustrating the fact that it takes both on-campus and off-campus housing sources to meet the needs of the students that we collectively support,” says Rob Bronstein, president and co-founder of The Scion Group. “Scion Campus Connections is a unique collaboration initiative that will promote open communication, robust …

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Company NewsIllinoisNews

SFive Consulting Launched to Provide Guidance, Solutions for Student Housing Industry

by Katie Sloan

Chicago — Shannon Failla has launched SFive Consulting, a Chicago-based consulting firm that will specialize in building out business infrastructure and streamlining processes in the student housing sector. Failla has over 10 years experience in the student housing industry, seven of which were spent working for Cardinal Group Cos. During her tenure there, she held multiple director positions overseeing operations support, training and transitions. “I am really excited to take my passion and decade worth of knowledge to help other companies grow,” says Failla. “I want to bridge the gaps …

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Company NewsIllinoisNews

Greg Gonzalez Joins Core Spaces as Director of Acquisitions

by Katie Sloan

Chicago — Core Spaces has hired Greg Gonzalez as director of acquisitions. In his new position, Gonzalez will be responsible for sourcing new development, redevelopment and acquisition opportunities nationwide for Core Spaces’ co-living and student housing verticals. Gonzalez will also partner with the Chicago-based company’s development and construction teams to source, underwrite, acquire, design and entitle projects across the U.S. Prior to joining Core Spaces, Gonzalez worked as director of Berkadia’s student housing group. 

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Company NewsIllinoisNews

CRG Hires Struan Robertson as Vice President of Investments

by Katie Sloan

Chicago — CRG, the real estate development and investment arm of Chicago-based Clayco,  has hired Struan Robertson as vice president of investments. In his new position, Robertson will lead financing and underwriting for CRG’s national multifamily and student housing projects alongside managing partner, J.J. Smith. Robertson’s responsibilities will include procuring capital partners, overseeing investment underwriting, deal due diligence, and transactions and asset management. “Struan is as savvy as they come on the investment front and an absolute workhorse,” says Smith. “He’s capable of sourcing and managing multiple deals with a …

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IllinoisNews

CA Ventures Partners with Rhombus Systems on Student Housing Security Platform

by Katie Sloan

Chicago — CA Ventures has partnered with security provider Rhombus Systems to implement a video security platform across its multifamily and student housing portfolio. The platform is capable of supporting an unlimited number of cameras and locations from one console, which is fully accessible from any web browser or mobile device. This will enable the company to standardize security and streamline operations for community managers.  “The real estate sector has been going through a massive technological shift, accelerated in many respects because of the COVID-19 pandemic,” says Mark Zikra, vice …

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ICON
DevelopmentIllinoisNews

JDP Breaks Ground on 276-Bed Student Housing Project Near the University of Illinois at Urbana-Champaign

by Katie Sloan

Urbana-Champaign, Ill. — Jackson Dearborn Partners (JDP) has broken ground on ICON, a 276-bed student housing development located near the University of Illinois at Urbana-Champaign. The project is being developed in partnership with Sub4 Development and Green Street Realty. The community will offer studio, one-, two-, three- and four-bedroom units with bed-to-bath parity. Shared amenities will include a fitness center, lobby and lounge area and a third-floor deck with an outdoor grilling area. The developers raised equity through CrowdStreet, an online investment platform, using qualified opportunity zone funds. Alpha Capital CRE …

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Company NewsIllinoisNews

CRG Hires J.J. Smith to Lead Residential Business, Including Student Housing

by Katie Sloan

Chicago — CRG, the real estate development and investment arm of Chicago-based Clayco, has hired J.J. Smith as managing partner of its residential business. Smith has over a decade of leadership experience at Chicago-based CA Ventures, where he launched real estate development and investment platforms that included more than 40,000 units of housing and over $6 billion in executed projects. In his role as managing partner, Smith will deliver properties for all residential asset classes across North America, including multifamily, student housing, co-living, senior living and workforce housing. Smith holds an …

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