The Edge at SIUE (Southern Illinois University Edwardsville) is a $21.5 million 384-bed student housing project located in Edwardsville, Illinois. Koman and Clayco Realty Group were co-developers, provided $3.7 million of total equity, arranged the construction financing, and arranged the disposition of the asset. The development opened in time for the 2015-2016 academic year fully leased.
// EDWARDSVILLE, ILLINOIS
// STUDENT HOUSING
// 10.23 ACRES, 149,981 RSF, 120 UNITS, 384 BEDS, $21.5 MILLION TOTAL CAPITAL STACK
// COMPLETED AUGUST, 2015
// 100% OCCUPANCY
// SIX THREE-STORY WALKUP BUILDINGS AND A CLUBHOUSE