JLL Arranges Sale of The Flats at ISU, a 447-Bed Student Housing Community in Normal, Illinois

Reuters
2025/07/01
JLL Arranges Sale of The Flats at ISU, a 447-Bed Student Housing Community in Normal, Illinois

JLL Capital Markets has successfully arranged the sale of The Flats at ISU, a 155-unit, 447-bed student housing community located in Normal, Illinois. The property, serving Illinois State University, was sold by a joint venture between Campus Advantage and Heitman to Jackson Dearborn Partners. The Flats at ISU, completed between 2011 and 2014, offers a range of modern accommodations from studios to four-bedroom apartments, along with amenities such as a fitness center, study spaces, and retail offerings. The sale was managed by JLL's Investment Sales and Advisory team, including Managing Director Scott Clifton, Director Kevin Kazlow, and Associate Jack Goldberger. The property's premier location and high occupancy rates highlight its strong market position, with Illinois State University's growing enrollment contributing to its continued leasing success.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jones Lang LaSalle Inc. published the original content used to generate this news brief on June 27, 2025, and is solely responsible for the information contained therein.

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免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

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