uuid

dealPage_DealQuery

viewer

wrapper_Viewer

dealPage_dealHeaderViewer

dealPage_DealPassReasonViewer

dealPage_DealInquiryProviderViewer

dealPage_DealFooterForCustomDesignViewer

dealPage_DealBodyViewer

dealPage3_DealPage3Viewer

teaserDealPage_TeaserDealPage_Viewer

content

wrapper_Content

deal

type

dealName

dealHeadline

filesUrl

viewerIsEditor

dealEditUrl

files

dealPageType

landingPageContent

dealPage_dealOwnerHeader

dealPage_dealHeader

dealPage_dealBody

dealPage_dealMap

dealPage_dealPassReasonFooter

dealMeta_Deal

dealPage_DealHeaderForCustomDesign

dealPage_DealBodyForCustomDesign

dealPage_DealFooterForCustomDesign

dealPage_DealInquries

vdrTable_VdrTableDeal

dealPage3_DealPage3

teaserDealPage_TeaserDealPage

actor

canFavoriteDeals

demoUrl

dealPageUrl

dealTypes

highlightedEconomics

totalDealSizeMillions

addresses

economics

teaser

offeringMemo

user

galleryFiles

propertyTypes

riskProfiles

dealDescription

richDescription

shouldSpotlightDealUser

highlightedUsers

ownerCompanies

sponsorEquityMillions

financedPreferredEquityMillions

financedPreferredEquityFilled

financedPermanentLoanMillions

financedPermanentLoanFilled

financedMezzLoanMillions

financedMezzLoanFilled

financedLpjvEquityMillions

financedLpjvEquityFilled

financedLandLoanMillions

financedLandLoanFilled

financedConstructionLoanMillions

financedConstructionLoanFilled

financedCogpEquityMillions

financedCogpEquityFilled

financedBridgeLoanMillions

financedBridgeLoanFilled

sponsorEquityPercent

financedCogpEquityPercent

financedLpjvEquityPercent

financedPreferredEquityPercent

financedMezzLoanPercent

financedConstructionLoanPercent

financedBridgeLoanPercent

financedPermanentLoanPercent

financedLandLoanPercent

inquiries

company

viewerPassReasons

potentialPassReasons

pageDesign

visibility

thumbnailImage

publicImage

dashboardUrl

approvalWorkflow

<div style="display: flex; flex-direction: column; margin-top: 0.15rem; width: 200px; height: fit-content; align-items: left;
 justify-content: center; font-family: Inter,sans-serif; ">
 <img src="https://cf.reverecre.com/cdn-cgi/image/w=200,h=undefined,fit=scale-down/https://storage.googleapis.com/revere-user-uploads/project%2Fd0bfe8df-cb4f-441a-8cf6-eabea1571284%2Fc83377d8-e42d-4dfc-84b3-a1470eb917e4" onerror="this.style.display='none'" alt="280-Bed Student Housing Complex near Illinois State University Image" style="object-fit: cover; width: 200px;" />
 Student Housing / Multifamily 
 
 280-Bed Student Housing Complex near Illinois State University
 
 Normal, IL 
 By Hilco Global

 <a href="/user/8af7cb01-1e31-4561-8935-5184b88dc36c" style="margin-top: 0.5rem; font-size: 10px; text-decoration: underline;">Jamie Cote</a>
 
 Senior Director
 
 
 <a href="tel:(847) 418-2187" style="margin-top: 0.25rem; font-size: 10px; text-decoration: underline;">(847) 418-2187</a>
 

 <a href="https://platform.reverecre.com/project/d0bfe8df-cb4f-441a-8cf6-eabea1571284" target="_blank" style="text-decoration: underline; color: #2E74B3; text-align: left; margin-top: 0.5rem">
 View Listing
 </a>
 </div>

Successfully positioning the real estate holdings within a company’s portfolio is a material component of establishing and maintaining a strong financial foundation for long-term success. At Hilco Real Estate (HRE), we advise and execute strategies to assist clients seeking to optimize their real estate assets, improve cash flow, maximize asset value, and minimize liabilities and portfolio risk. We help clients traverse complex transactions and transitions, coordinating with internal and external networks and constituents to navigate ever-challenging market environments. The trusted, full-service HRE team has secured billions in value for hundreds of clients over 20+ years. We are deeply experienced in complex transactions including artful lease renegotiation, multi-faceted sales structures, strategic asset management and capital optimization. We understand the legal, financial, and real estate components of the process, all of which are vital to a successful outcome. HRE can help identify the most viable options and direction for a company and its real estate portfolio, delivering impressive results in every situation.

Associate Director

Vice President

Senior Director

Unit mix includes one- to four-bedroom layouts with an average of 1,224± SF

Units feature bed-bath pairing, modern stainless steel appliance, faux-granite countertops, furnished living rooms & in-unit laundry

Near Illinois State University & approx. one mile from Heartland Community College

The property benefits from proximity to Illinois State University (ISU) and is approximately one mile west of Heartland Community College, with the ISU student population steadily increasing over the last few years.. The surrounding area includes multifamily residential communities, retail development, employment centers and other commercial uses, with public transportation available nearby through Connect Transit.

The location offers convenient regional access via Interstates 39, 55 and 74, all within approximately three miles of the property. Normal benefits from a diverse employment base anchored by Illinois State University, Rivian, State Farm and other education, manufacturing, insurance and service-sector employers.

UNIT MIX

Sales Team

The Park at Constitution Trail Centre presents the opportunity to acquire a newly constructed, student housing community located in Normal, Illinois, one of the Midwest’s strongest university markets. Across its 13 apartment and townhome buildings, this site contains 85 units and can accommodate 280 beds. Community amenities include a resort-style pool, landscaped courtyard, outdoor lounge pavilions, fire pits and walking trails.

Fully leased for the 2026-27 academic year, this community provides an investor with immediate in-place income and eliminates near-term lease-up risk. With stabilized occupancy, modern improvements, positive net operating income and limited capital expenditure requirements, the Park at Constitution Trail Centre offers a compelling opportunity to acquire a high-performing, institutional-quality student housing asset with established operating momentum.

Qualified bids are due to Hilco Global by October 6. On-site inspections will be held on September 16, 23 & 30, by appointment only.

Subject to U.S. Bankruptcy Court for the Northern District of Illinois (Eastern Division) Case No. 1:25-bk-19477 | In re: 100 McKnight LLC. Hilco Global in cooperation with Jeff Azuse, IL Broker, Lic. #471.011086.

Jamie joined HRE in 2023 to assist in growing both the business development and operations side of the real estate sales group. With over 20 years and $1.5B of real estate sales expertise consisting of nearly every asset class on a national basis, Jamie utilizes both conventional and accelerated structured sales as well as auctions to aid clients in achieving their business goals.

With multifamily, office, industrial, hospitality, golf course, development, retail, single family rental portfolios and special use property sales experience, Jamie has served many high-profile clients such as JP Morgan Chase, Bank of America, Prudential, Wells Fargo, Northern Trust, Fifth Third Bank, ING/Clarion, iStar Financial, Alcoa, Tyco, Ameren, American Greetings, the State of Illinois as well as Trustees, Debtors and Secured Creditors in numerous bankruptcy transactions.

Prior to HRE, Jamie held senior level positions at several national real estate firms. He has also remained actively involved in the Turnaround Management Association, having held numerous positions at both a chapter and global level and currently as a board member of the TMA Scholarship Foundation. In his free time, he enjoys spending time with his two kids, coaching sports, golfing, traveling and playing the bass in both the Chicago cover band “South of 80” as well as the restructuring industry band, “Adequate Protection.”

Overview

Investment Highlights

UNIT MIX

Photo Gallery

Sales Team

Inquire