Urbana, Ill. — JLL Capital Markets has arranged the sale of and financing for Campus Circle, a 524-bed student housing community located near the University of Illinois Urbana-Champaign campus in Urbana. Scott Clifton, Kevin Kazlow and Jack Goldberger of JLL represented the seller, an affiliate of Blue Vista Capital Management, in the disposition. Jake Wisness, Dan Kearns, Mike Brady, Sam Tarter and Bill Maloney, also of JLL, secured financing for the transaction on behalf of the buyer, Horizon Realty Advisors. Freddie Mac provided the five-year, fixed-rate loan, which will be serviced by JLL Real Estate Capital. Located at 1010 W. University Ave., Campus Circle offers 181 units in one-, two- and four-bedroom configurations with bed-to-bath parity. Shared amenities include a yoga and dance studio, outdoor lounge, business center, two-story club room, coffee bar, rooftop terrace with fire pits, theater room, virtual classroom, heated pool, game room, private study rooms and a two-story fitness center.
Campus Circle is located at 1010 W. University Ave. near the University of Illinois Urbana-Champaign campus.
JLL Arranges Sale of 524-Bed Community Near University of Illinois Urbana-Champaign
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