JLL Capital Markets facilitates sale of property in Oxford, Ohio
News release
24 April 2025
Student housing community at Miami University trades hands
CHICAGO, Apr. 24, 2025 – JLL Capital Markets announced today that it has arranged the successful sale of Level 27, a 216-unit, 756-bed student housing community serving Miami University in Oxford, Ohio.
JLL worked on behalf of the seller.
Level 27, located at 3770 Southpointe Pkwy., offers a prime location for students attending Miami University. Built in 2006, the property features a mix of three- and four-bedroom units, with an average unit size of 1,603 square feet. The community boasts a range of amenities including a full-size fitness center, private movie theater, gaming lounge, outdoor sports courts and modern clubhouse with study rooms.
JLL Capital Market’s Investment Sales and Advisory team representing the seller was led by Managing Directors Teddy Leatherman and Scott Clifton, Director Kevin Kazlow, Associate Jack Goldberger and Senior Analyst Grace Picchiotti. Notably, both Clifton and Goldberger are alumni of Miami University, bringing personal insight to the transaction.
"Level 27 represents an excellent opportunity in the growing student housing market at Miami University," said Clifton. "With its flexible unit mix and proven demand for creative leasing structures, the property offers significant upside potential for the new owner."
Miami University has seen steady growth, with Fall 2024 enrollment reaching 18,838 students, a 1.2% increase over the previous year. The university's reputation as a "Public Ivy" and its recent rankings for academic excellence and value contribute to its strong appeal.
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 and 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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About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $23.4 billion and operations in over 80 countries around the world, our more than 112,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.