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| Teddy Leatherman |
CHICAGO –– JLL Capital Markets announced it has arranged a joint venture partnership for the development of LivRed, a 154-unit, 575-bed student housing project near the University of Nebraska-Lincoln in Lincoln, Nebraska.
JLL represented Campion Devco, LLC and sourced a joint
venture partner in Tailwind Group for the development.
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| LivRed, a planned 154-unit, 575-bed student housing project near the University of Nebraska-Lincoln in Lincoln, NB |
LivRed
is located within Lincoln, which boasts a population of approximately 290,000
people and serves as the capital of the state as well as home to the University
of Nebraska-Lincoln.
 |
| Scott Clifton |
The
seven-story building will offer students furnished one-, two-, three- and
four-bedroom units all with en-suite bathrooms.
Units will all be outfitted
with the latest technologies to include keyless entry, smart thermostats and
high-speed wi-fi connectivity, and luxury finishes such as plank flooring,
stone countertops and stainless appliances.
Shared community amenities will
include a fitness center, spray tan stations, functional lounges and gaming
areas, private study rooms, an “Uber” lounge, on-site parking garage and
package room.
The
project’s development team includes the award-winning local Lincoln contractor
Sampson Construction with Architecture by Grace Hebert Curtis Architects and
Engineering and Civil design by Lincoln’s ETI and REGA Engineering.
 |
| Stewart Hayes |
The JLL Capital Markets team representing Campion was led by Senior Directors Scott Clifton, Stewart Hayes, Teddy Leatherman and Director Dan Kearns.
“The University of Nebraska’s enrollment
continues to grow, reaching over 25,000 students in 2019,” said Clifton. “As a
result, there is a housing shortage for nearly 40% of students ensuring
developments like LivRed immediate success.”
JLL Capital Markets is a full-service
global provider of capital solutions for real estate investors and occupiers.
The
firm's in-depth local market and global investor knowledge delivers the
best-in-class solutions for clients — whether investment sales advisory, debt
placement, equity placement or a recapitalization.
The
firm has more than 3,700 Capital Markets specialists worldwide with offices in
nearly 50 countries.
For more news, videos and research
resources on JLL, please visit our newsroom.
 |
| Dan Kearns |
About Campion Development Company
Campion Development, LLC is a woman-owned, fully
integrated real estate development company equipped with the capabilities of a
full-service general contractor and construction manager.
Campion
maintains a focus on Student, Workforce & Affordable housing development
& construction. For more, please visit: campiondevco.com.
About Tailwind Group
Tailwind Group capitalizes on real estate
opportunities in acquisition, development and management. The firm identifies
underserved and undervalued markets that have a strong college or university
population and lack of a robust commercial presence. For more, please visit: thetailwindgroup.com.
About JLL
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities.
JLL is a
Fortune 500 company with annual revenue of $16.6 billion, operations in over 80
countries and a global workforce of more than 91,000 as of December 31, 2020.
JLL is the brand name, and a registered trademark, of Jones Lang LaSalle
Incorporated. For further information, please visit jll.com.
CONTACT:
Kristen Murphy
JLL Senior Manager
Public Relations
Phone: +1 617 848 1572
Email: Kristen.Murphy@am.jll.com
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