Skip to content
Homepage
  • Market
    • Illinois
    • Indiana
    • Iowa
    • Kansas
    • Kentucky
    • Michigan
    • Midwest
    • Minnesota
    • Missouri
    • N Dakota
    • National
    • Nebraska
    • Ohio
    • S Dakota
    • Tennessee
    • Texas
    • Wisconsin
  • Sector
    • CRE
    • Education
    • Finance
    • Healthcare
    • Hospitality
    • Industrial
    • Legal
    • Multifamily
    • Net Lease
    • Office
    • Retail
    • section
    • Seniors Housing
    • Student Housing
  • Events
  • Real Estate Awards
  • Subscribe
  • Publications
IllinoisStudent Housing

Marcus & Millichap brokers sale of largest ever student housing portfolio in Champaign-Urbana market

April 15, 2022
Share on Facebook Share on Twitter Share on LinkedIn Share via email
304 E. Daniel, Champaign, IL
615 S. Wright, Champaign, IL
Previous Next

Marcus & Millichap has brokered the $150 million sale of a portfolio comprising over 50 student housing properties totaling nearly 1,100 units near the University of Illinois Urbana-Champaign campus in Champaign, Illinois.

The transaction, which closed in four tranches, set several records in Champaign County, including the highest-ever portfolio sale price, as well as the largest number of units, bedrooms and buildings in a single portfolio sale. Together, the buildings total 863,961 square feet and range from single-family rental homes to traditional student housing apartments, with the newest property being constructed three years ago and the oldest more than 50 years old.  

Marcus & Millichap’s Senior Managing Director Investments Scott Harris and Senior Associate Bryan Kunze represented the longtime owner, Campus Property Management, and procured the buyer, Fairlawn Capital.

Tags
ChampaignMarcus & Millichap
" "

Subscribe

Subscribe to our email list to read all news first.

Subscribe
Related Articles
IllinoisMultifamily

Interra Realty brokers $10.7 million sale of 22-unit multifamily property in Chicago’s Lincoln Park neighborhood

July 11, 2025
MissouriIndustrial

Colliers lists 556,287-square-foot distribution facility in Bridgeton

July 11, 2025
OhioHospitality

Nationwide Realty Investors announce that renovations, rebrand at Columbus’ Nationwide Hotel and Conference Center are almost complete

July 11, 2025
KentuckyHealthcare

NAI Isaac negotiates lease for behavioral health center in Lexington

July 11, 2025

Subscribe

Subscribe to our email list to read all news first.

Subscribe
REJournals logo

Market

  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Michigan
  • Midwest
  • Minnesota
  • Missouri
  • N Dakota
  • National
  • Nebraska
  • Ohio
  • S Dakota
  • Tennessee
  • Texas
  • Wisconsin

Sector

  • CRE
  • Education
  • Finance
  • Healthcare
  • Hospitality
  • Industrial
  • Legal
  • Multifamily
  • Net Lease
  • Office
  • Retail
  • section
  • Seniors Housing
  • Student Housing

Subscribe

Subscribe to our email list to read all news first.

Subscribe
  • Events
  • Office Locations
  • Advertise
  • Terms and Conditions
  • Contact
© 2025 REjournals.com