Urbana, Ill. — The Wernke Team has arranged the sale of Lincoln Place Apartments, a 60-unit, 155-bed student housing community located in Urbana.
Provo, Utah — Redstone Residential Inc. has been awarded management of four new student housing communities located in Michigan and Illinois.
Champaign, Ill. — Asset Campus Housing has been awarded management of the Latitude, a 519-bed purpose-built student housing community under development near the University of Illinois. The Latitude is owned and being developed by Investment Property Advisors.
Urbana, Ill. — Peak Campus has been awarded and assumed management for Campus Circle, located in Urbana near the University of Illinois.
Champaign, Ill. — Alpha Alternative Investments has closed a $14 million CMBS loan for a student housing facility in Champaign near the University of Illinois.
Champaign, Ill. — The development will open in August 2015.
Savoy, Ill. — New owner, Bridge Partners, plans to update the 192-unit student housing community.
Campus Living Villages owns the 16-story, 725-unit student housing property in Champaign.
309 East Green is a 416-unit community located near the University of Illinois.