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Chicago & Midwest  + Midwest  + Student Housing  | 
Michigan State University front gate East Lansing MI

Champion Real Estate Enters Michigan State U. Market

JLL Capital Markets closed the $42.26-million sale of the Michigan State Portfolio, a 292-unit, 524-bed portfolio of student housing communities located just a few blocks from the campus of Michigan State University in East Lansing, MI. 

Senior directors Stewart Hayes and Scott Clifton, along with managing director Dave MacDonald, represented the seller, DTN Management Company. Champion Real Estate Company acquired the asset, its first in this market.   

The properties within the portfolio are located just north of MSU’s campus at 635 Abbot Rd., 129 Burcham Dr. and 731-787 Burcham Dr. Residents of the properties are proximate to the campus population of approximately 50,000 students, over 200 academic programs and the vibrant nightlife along East Grand River Rd. 

“In the past 12 months, we have seen a tremendous amount of interest in student-housing opportunities proximate to Tier I universities as the asset class continues to be extremely resilient,” said Hayes.

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JLL's HayesChampion Real Estate

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition