Sale of University of Missouri student housing community closes

DALLAS, August 29, 2022 – JLL Capital Markets announced today that it has closed the sale of The Wylder, a 172-unit / 656-bed student housing community near the University of Missouri in Columbia, Missouri.

JLL worked on behalf of the seller, Trimont Real Estate Advisors. Tailwind Group acquired the asset.

Built in 1989 and renovated in 2000, The Wylder features fully furnished two- and four-bedroom units with black appliances, washers and dryers, faux wood flooring, double vanities and vaulted ceilings. Community amenities include a swimming pool, a study room, a computer room, a fitness center, a basketball and tennis court, a volleyball court and a bonfire area.

Situated at 301 Campusview Dr., the property is positioned adjacent to Highway 163, one of Columbia’s main north-south thoroughfares that leads directly to campus. Located approximately 1.7 miles south of campus, students have convenient access to all the university’s retail, restaurant and entertainment attractions. The community is well-positioned to attend the Mizzou Tigers’ state-of-the-art Memorial Stadium via S. Providence Road. Additionally, residents are proximate outdoor recreation with the nearby Corporate Lake and Hinkson Creek Trail.

The JLL Capital Markets Investment Advisory team representing the borrower was led by Senior Directors Teddy Leatherman, Stewart Hayes and Scott Clifton and Executive Vice President Henry Voges.

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 and sales advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

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Trimont’s mission, our purpose, is to be our clients’ trusted partner. Our core values of mastery, individuality and serving are specifically designed to advance this mission. Woven in between our core values is a culture that continuously seeks to advance collaboration, global integration, and an uncompromising attention to detail.

Over the last fifteen years, Tailwind Group has earned a stellar reputation for pioneering new standards in purpose-built student housing—and for meeting or exceeding investor returns on all legacy properties. Today, Tailwind Group and its entities provide asset management services for more than 30 properties across the United States, generating annual revenues in excess of $70 million. With more than $850 million in assets under management and a solid track record of successful projects, Tailwind Group is recognized as a national provider of real estate investment opportunities.