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Illini Tower Near UIUC Finds Buyer
JLL Capital Markets has closed the sale of and arranged acquisition financing for Illini Tower, a 725-bed student housing community located near University of Illinois Urbana-Champaign. Terms of the sale, including the buyer and seller, weren’t disclosed.
The JLL Capital Markets Investment Sales team representing the seller was led by senior directors Scott Clifton and Stewart Hayes.
Representing the borrower, the JLL Capital Markets Debt Advisory team was led by senior managing director Doug Opalka and directors Jackson Finch and Jayme Nelson.
- ◦Sale/Acquisition
