CRG - Student Housing & Multifamily Development Services - 2025 Q3

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The Standard at Columbia: University of South Carolina

Developed by CRG

CRG is a leading national real estate developer. We have developed more than 12,500+ acres of land and delivered over 220 million square feet of assets, exceeding $14+ billion in value for across office, industrial, multifamily and institutional projects.

National Reach. Local Expertise.

CRG leverages a dedicated acquisitions team and eight regional offices to source proprietary investment opportunities.

CRG’s Process:

+ Hyper-focused on specific markets and sub-markets

+ Source and underwrite deals at a local level

+ Compare opportunities across multiple national markets

+ Select highest risk-adjusted returns across all markets

Our Integrated Approach

CRG benefits from real-time design and construction expertise, guaranteed pricing and high-quality project delivery. Our vertically integrated platform drives deal flow and investment opportunities with Fortune 500 clients across the United States.

Our model is based upon a collaborative team. Financial planners, designers, engineers, programmers, builders and clients work transparently, sharing information and knowledge with the common commitment of exceeding expectations of our clients, investors and partners.

planning, designers, engineers, programmers, builders and clients working transparently, sharing information and knowledge with the common commitment of exceeding the owner’s expectations.

SITE SELECTION DEVELOPMENT FINANCING ASSET MANAGEMENT

ARCHITECTURE

INTERIORS

DESIGN-BUILD

CM@RISK

SELF-PERFORM

CULTURE OF SAFETY

CRG at a glance

Integrated Development Services

Pre-Development

+ Site Selection

+ Land Acquisition and Negotiation

+ Feasibility and Economic Analysis

+ Site Planning and Cost Analysis

+ Public Engagement and Entitlements Development

+ Planning, Design and Development Management

+ Project Financing

+ Incentive Discovery and Negotiation

+ Leasing

Asset Management

+ Accounting and Financial Reporting

+ Tenant Occupancy and Coordination

+ Contractor and Vendor Maintenance

+ Disposition Strategy

Established in 1993

More than 30 years of experience.

Named the No. 1 Developer in the Midwest

Midwest Real Estate News named us the No. 1 developer for 2020 and 2021. No. 3 developer in 2022.

$14 Billion in Project Value

Including more than 12,500 acres and 220 million square feet of developments.

Industrial Influencer

Named an industry leader by GlobeSt.com and Real Estate Form in 2020, 2021 and 2022.

75+ Employees

Recruiting the industry’s best and brightest.

Investment Management

+ Fund Operations

+ Investor Relations and Reporting

+ Fund Tax / Accounting / Finance

+ SEC and FINRA Compliance

Clayco at a glance

More than 40 years of experience.

0.40 Current EMR

Annually one of the top design-build firms in the United States.

$5.8 Billion in Annual Revenue

Continued growth in 2023.

96 Sustainable Projects

3,500+ Valued Employees A

Platform Benefits

A Streamlined Process

+ Aligns values with vision; creates planning efficiencies that save both cost and time.

Increased Collaboration

+ Reduces silos between design and construction; enhances dialogue and problem-solving.

Greater Accessibility

+ Improves communication through a single point of responsibility; creates trust through transparency and open book accountability.

Greater Response to Design/ Construction Challenges

+ Enables flexibility to adapt through cooperative collaboration; encourages innovation.

Cost Certainty

+ Eliminates friction and setbacks through integration at every step; ensures an early Guaranteed Maximum Price.

Reduced Owner Risk

+ Creates peace of mind; builds trusting relationships.

Residential Development

Our Chapter residential brand is a national collection of apartments designed to provide spaces and experiences that help residents write their life story with greater intention.

Chapter Madison University of Wisconsin-Madison

Chapter at the Streets
St. Charles, MO
220 N. Ada Street
Fulton Market - Chicago, IL

Industrial Development

The Cubes industrial brand is our standard, designed with an emphasis on unmatched locations and stateof-the-art building specifications. Each site is carefully selected with consumer-centric supply chain strategies in mind, offering superior access to logistics networks and strong, qualified labor supplies.

The Cubes at Dupont (Kimberly-Clark) DuPont, WA (Seattle MSA)
The Cubes at Country Club Hills Country Club Hills, IL (Chicago MSA)
The Cubes at Glendale Tenants Include: William Sonoma & U.S. Merchants Glendale, AZ (Phoenix MSA)
The Cubes at Bridgeport - Building B Leased to: BTS for Amazon Coweta County, GA (Atlanta MSA)

Investment Management

We deliver a hands-on approach to real estate operations and investment management. Our national platform includes seven regional offices offering extensive local experience with asset management and property management designed to support our clients and provide best in class oversight for our investments.

The Cubes at Bridgeport
Coweta County, GA (Atlanta MSA)
The Cubes at Mesa Gateway Mesa, AZ (Phoenix MSA)
The Cubes at Glendale
Glendale, AZ (Phoenix MSA)
The Cubes at Country Club Hills Country Club Hills, IL (Chicago MSA

Our Residential Product Types

Student Housing

+ Large public university markets with 20,000 students or more with growing enrollment and an existing shortage of available on-campus dormitory beds available

+ Pedestrian-oriented locations walkable to class, entertainment, retail and nightlife.

+ Highly amenitized, furnished apartment buildings with ample study and recreation space for residents to grow as an individual

+ Minimum density of 300 beds and maximum of 800 beds with our target size being about 550 beds.

Multifamily

+ Neighborhood oriented developments in high growth markets where job growth and rent growth are evident.

+ Wood frame wrap or wood frame podium style developments where land size allows

+ Urban infill high-rise where market indicates a premium rental rate for differentiated product.

Chapter Eugene Eugene, OR
Chapter Ann Arbor Ann Arbor, MI
Broadway Chapter Ft. Worth, TX

Student Housing

Targeting pedestrian oriented locations for high density urban infill apartment style developments adjacent to Tier 1 / Power 5 University Markets.

Features Include:

+ High-Rise or Mid-rise, floor-to-ceiling glass

+ Open floor plans

+ Recessed or decorative lighting

+ Nine-foot ceilings, ceiling-mounted lighting and pendants at island

+ LVT flooring throughout, including bedrooms and bathrooms

+ Stainless steel appliances (Whirlpool or General Electric), modern cabinetry, quartz countertops

+ In-unit laundry

+ Pet friendly

+ WiFi throughout, USB outlets in select locations

+ Electronic unit entry locks

+ Roller shades in High-Rises and wire for Mid-Rises

+ Closet Organizers

+ Glass enclosed showers, tiled walls and fiberglass base

The Dean Reno, NV
The Standard at Columbia Columbia, SC
Chapter Madison University of Wisconsin-Madison

Student Housing: Target Sites

+ Tier 1 flagship universities in Power Five Conferences

+ Pedestrian oriented sites, 4-6 blocks from campus

+ Garden style sites no more than 3 miles from campus

Top 25 Target Markets

+ Arizona State University

+ Auburn University

+ Boise State University

+ Clemson University

+ Indiana University

+ Iowa State University

+ Michigan State University

+ Ohio State University

+ Penn State University

+ Pittsburgh University

+ Purdue University

+ San Diego State University

+ Texas A&M University

+ UCLA

+ UNC

+ University of Alabama

+ University of Arizona

+ University of California, Berkeley

+ University of Central Florida

+ University of Cincinnati

+ University of Colorado, Boulder

+ University of Florida

+ University of Georgia

+ University of Iowa

+ University of Maryland

+ University of Michigan

+ University of Minnesota

+ University of Oregon

+ University of South Florida

+ University of Southern California

+ University of Tennessee

+ University of Texas, Austin

+ University of Utah

+ University of Virginia

+ University of Virginia

+ University of Washington

+ University of Wisconsin

+ Virginia Tech University

Under Construction & Completed Projects

Chapter at Madison

Park & Regent Street, Madison, Wisconsin

The project includes 172 units, 3,000 square feet of neighborhoodoriented commercial space, underground parking, bike storage, and a 1,500 square foot outdoor amenity space on the ninth floor. Chapter at Madison, occupies a critical part of the South Campus Plan in Madison. The ten-story project integrates into the existing urban environment and further strengthened the business corridor.

The design of the project is consistent with the guidelines of the Regent Street – South Campus Neighborhood Plan and furthermore recognizes the need to create a sense of enclosure and urban space in order to strengthen the business corridor along Regent and to act as an entrance to the campus from the south along Park Street. The site sits along both major vehicular and pedestrian paths, and the project highlights the unified streetscape sought in the Regent Street – South Campus Plan with the use of the stepback and setbacks and by the critical introduction of vertical breaks and an undulating rhythm which enhance the neighborhood and human scale of the project. The approach to detailing is rooted in tradition but expresses the pedestrian scale along Regent Street with texture and warmth. The architecture clearly expresses a base, middle, and top but does so with a contemporary and forward-looking vocabulary, speaking to the new vernacular of Madison.

Chapter at Eugene

University of Oregon

Located at 754 E. 13th Ave., Chapter at Eugene offers a mix of studio, two-, three-, four- and five-bedroom apartments, with pre-leasing expected to begin in early fall 2023. The furnished residences will feature upscale finishes, including wood-style flooring; kitchens with quartz countertops and stainless steel appliances; living rooms with smart TVs; and in-unit laundry.

The building’s market-leading amenity package will boast a 5,000-square-foot rooftop recreation deck with a dog run, dining areas, and fire pits with seating overlooking the Western Cascades and Willamette Valley. Below the rooftop, the 12thfloor resident lounge will showcase unobstructed views of campus and downtown Eugene, and features a demonstration kitchen and various study rooms for individual and group work. The ground floor will feature a state-of-the-art fitness center with a dedicated yoga room, as well as additional study areas, resident storage, and bicycle parking.

Chapter at Eugene is steps from UO’s most frequented oncampus destinations, including the Erb Memorial Union (EMU), Knight Library and Student Recreation Center. Residents will also enjoy easy access to popular shops, restaurants and nightlife throughout downtown.

The development is led by CRG and Kenter Capital, which obtained the construction financing from Byline Bank. Chapter at Eugene was designed by Seattle-based Jackson Main Architecture, while Springfield, Ore.-based John Hyland Construction, Inc. is serving as general contractor.

220 N. Ada Street

Fulton Market | Chicago MSA

The 29-story residential building will offer 308 rental apartments and over 12,300 square feet of ground-floor retail.

115 VEHICLE SPACES 58

BIKE RACKS TOTAL PROJECT COST

$147,000,000

TARGET COMPLETION Q4 2025

Shapack Partners, a multi-asset class development company rooted in the Fulton Market District, and CRG are developing a multifamily residential building at 220 N. Ada St. in Fulton Market. The partnership has secured full capitalization for the 29-story residential development. The mixed-use project will include 308 rental apartments, 62 of them affordable, and 12,300 square feet of ground-floor retail. Apartments include studios, one- and two-bedrooms, as well as nine penthouse units.

Shapack Partners and CRG are developing 220 N. Ada St. along with Bill Williams, founder and principal of KMW Communities, LLC (“KMW”), a Chicago-based developer. KMW has led or participated in a wide range of residential, commercial, and mixedincome public/private partnership developments in Chicago. The partnership with KMW is part of CRG’s PILLAR initiative. PILLAR is CRG’s diverse developer program which works closely with a group of Chicago-based developers aimed to address the lack of diversity in commercial real estate.

Rising 314 feet, 220 N Ada St. will be positioned on a 27,244 square-foot parcel at the corner of West Fulton and North Ada streets, replacing a one-story warehouse building.

The Standard at Columbia

1401 Assembly Street, Columbia, SC at the University of South Carolina

The Standard at Columbia is a 17-story student housing tower in Columbia.

Completed for the Fall semester of 2023, The Standard includes 247 fully-furnished units with 678 beds and an amenity package that boasts a podium-level rooftop pool,

hot tub, grilling stations, jumbotron television, resortequipped fitness and wellness center, golf simulator, gameday lounge, and ample group and private study lounge space. The Standard creates an unmatched experience for students in downtown Columbia.

The Standard at Columbia offers a mix of studio, one, two, three, four, and five-bedroom apartments across nearly 443,000 square feet. The project is the only new high-rise in the market, delivering the convenience of being downtown near retail, restaurants and the city’s nightlife while maintaining “roll out of bed” access to campus.

Construction financing for the project was provided by Citizens Bank. CRG’s integrated partner Lamar Johnson

Collaborative (LJC) designed the project, while parent company Clayco served as the general contractor.

The Dean

1461 Virginia, Reno, NV at the University of Nevada, Reno

The Dean is a 12 story, 773-bed, highly amenitized, student housing high-rise development with rooftop podium pool directly across the street from the rapidly growing University of Nevada. The Dean is the most well located student housing development at UNR situated just steps from the student union and the new on campus fitness center.

The fully furnished property has a state-of-the-art fitness center, game and club lounge, BBQ grills, fire pits, ample group and individual study lounge spaces, as well as a rooftop terrace providing views of the surrounding Sierra Nevada mountain range.

The opportunity was first identified by the CRG Residential team at the end of September 2020 and secured through the quick action of the team involved and the company’s ability to close on the land and a JV with GMH Communities.

Chapter at the Streets of St. Charles

Lombard Street, Saint Charles, MO

Opened July 2023

$61,200,000

PNC REALTY ADVISORS

STATUS

COMPLETED JULY 2023

Chapter at The Streets includes 245 units and ground-level parking. Completion is scheduled for the second quarter of 2023. Chapter at The Streets will offer one- and two-bedroom floor plans, with rents starting at $1,400 per month. Apartment features include modern open plans with wood-style flooring; eat-in kitchens with islands, quartz counter tops and stainless steel appliances; thoughtful work from home space; primary bedrooms with walk-in closets; in-unit laundry; and designer lighting, including statement pendants and overhead recessed fixtures.

Chapter at the Streets resident amenities include a swimming pool with hot tub; an outdoor recreational sun deck with fire pits, grilling stations, and seating areas with shade; a fitness center with cardio and strength equipment and on-demand training; a resident lounge designed with a chef-inspired demonstration kitchen; a coworking space and Zoom-rooms to accommodate remote work; and a pet-grooming station. The community will offer AT&T’s InstantOn service and wireless connectivity at speeds of up to 1GB with coverage to include all common areas, including the lobby and outdoor recreation areas. Residents will have access to ample parking, electric car charging stations, and bicycle storage on the ground level.

1980 N Milwaukee Road, Chicago, IL

CRG developed A.M. 1980, a multifamily rental building at the intersection of Milwaukee and Armitage Avenues in Chicago’s Bucktown neighborhood. Located at 1980 North Milwaukee just south of Logan Square, the new building is 110,000-square-feet with approximately 132 units and 16 parking spaces.

$36,200,000

TOWNSHIP / INCLENBERG

LENDER

PRINCIPAL

DATE COMPLETED

JULY 2018

Bucktown is one of Chicago’s creative epicenters with a thriving nightlife, live music, restaurants and art galleries. Residents at AM 1980 enjoy a sophisticated, sleek and collective living experience. Located less than 500 feet from the Blue Line Western CTA Station, residents also enjoy easy access to The 606, Downtown and O’Hare International Airport.

A.M. 1980 includes studio, jr. one bedroom one and two-bedroom options. High-end cutting-edge amenities such as a state-of-theart fitness center, lounge and coffee bar, secure package storage, Pressbox dry cleaning lockers, 96 Walkscore, CTA bus and train tracker located in the lobby, onsite dog run, landscaped rooftop deck and 6,000-squarefeet of ground retail.

Upshore Chapter

1980 N Milwaukee Road, Chicago, IL

CRG developed this multifamily rental building in Chicago’s historic Uptown neighborhood at the intersection of Sheridan and Wilson. The development is located two blocks from the Red Line at 975 West Wilson.

$41,300,000 CAPITAL PARTNER

POB CAPITAL LENDER

PRINCIPAL

DATE COMPLETED AUGUST 2019

Nearby development includes new high rise apartments and an urban Target, historically significant entertainment venues and close proximity to the lakefront make Upshore Chapter an exciting place to live.

This transit-oriented development contains 149 apartments in a twelve-story glass tower with 5,000 square feet of ground floor retail space and 29 parking spots. Residents can enjoy cutting edge amenities such as a 2,000-square-foot rooftop deck with views of Downtown Chicago, a coffee bar, exercise facility, business center and dog salon.

Clayco was the design-builder and its subsidiary, Lamar Johnson Collaborative served as the architect on the project. Construction began May 2018.

Broadway Chapter

401 Hemphill St, Fort Worth, TX 76104

Broadway Chapter is a 5-story wood-framed multifamily housing complex in Fort Worth, Texas, located on two acres at the corner of Hemphill Street and West Broadway Avenue. Design specialist and executive Shanna Noelle Khan worked with Lamar Johnson

PARTNER

TOWNSHIP / SPEEDWAGON

DATE COMPLETED

JULY 2021

Collaborative (LJC), to create a mix of studio, one- and two-bedroom apartments, including 15 one-bedroom lofts boasting 20-foot ceilings. Indoor amenities include a state-ofthe-art fitness center with Peloton bicycles and a yoga area, a resident lounge with a coffee bar, and a lush library space. Ms. Khan applied purposeful, value-conscious interior design services to diverse elements of the layout, fit, finish, components, and materials to enhance the project’s rooms and common spaces and acted as a principal equity investor. Outdoor recreational amenities include a landscaped courtyard and sun deck with an infinity-edged swimming pool, in-pool loungers, grilling stations, dining areas, fire pit and terrace seating.

American Landmark Apartments, a Tampa, Fla.-based real estate investment group focused on multifamily, office and industrial assets, purchased the property on June 6.

OUR EXPERIENCED TEAM

J.J. Smith
Executive Vice President & Partner, Residential Group | CRG
Struan Robertson
Senior Vice President of Investments, Residential Group | CRG
THE AR T & SCIENCE OF BUILDING
Upshore Chapter
Chicago, IL

Bob Clark

Executive Chairman & Founder, Clayco

CLAYCO ENTERPRISE LEADERSHIP

Anthony Johnson Chief Executive Officer

Shawn Clark

Chief Executive Officer, CRG Chief Strategy Officer, Clayco

Jim Havel

Executive Vice President & Chief Financial Officer

Chris McKee President Steve Schnur Chief Operating Officer CRG

Struan Robertson Senior Vice President Investments

Tom Shanabruch Vice President Investments & Capital Markets

Alison Mills Vice President of Design & Development

Jeff Schroeder Vice President

Morgan Whiteley Director of Investments

Louie Colella Vice President of Leasing & Operations Bryan Greger Vice President of Construction

Sam Williams Analyst, Investments

Our integrated process creates impact beyond these walls.

CRG

A national investment and development firm, who specializes in office, industrial and multifamily projects from coast-to-coast.

Lamar Johnson Collaborative

A full-service design and architecture firm committed to enhancing the quality of the human experience.

A full-service, designbuild firm with clients across North America, delivering the highest quality solutions on time, on budget and above and beyond expectations.

Concrete Strategies

Our focused group with expertise in architectural site cast concrete, structural concrete, flatwork, site utilities and all types of self-performing concrete construction.

Our expert team who designs, supplies, and installs highperforming curtain wall facade systems.

Clayco
Ventana

LJC Overview

Lamar Johnson Collaborative (LJC) is a full-service design and architecture firm committed to enhancing the quality of the human experience and improving how design and architecture impact the individual.

advance strategies

Real Estate Strategy

Facility Planning

Workplace Strategy Change

Engagement

On-Site Services

planning & urban design

Visioning + Strategic Planning

Portfolio Assessment

Optimization

Regional + Community

Planning

Master/Campus

Planning

Site Planning + Design

Design Guidelines

Regulatory Agency

Approval

Public Engagement

landscape architecture architecture interiors

Site/Campus Design

Storm Water Strategies

Ecosystem Restoration

Product Design

Functional

Site Integration

Conceptual Design

Sustainability Systems

Value Design

Building Systems

Technologies

Construction

Documents

BIM + VDC

Building Representation

Commissioning

Interior Design

Interior Architecture

Conceptual Design

Furniture Design & Specification

Design

Development

Construction

Documents

Construction

Administration

3D Modeling & Rendering

Pricing

Clayco Overview

Today’s customers want more from their projects. They desire a transparent, collaborative partnership and singlesource responsibility. Clayco fits neatly into that role, as it seamlessly collaborates with its partners at every stage of the project.

a true design-builder services

Clayco’s unique approach to design-build offers clients cost and schedule certainty. We offer one entity, one contract, one unified flow of work from initial concept through completion.

Design-build Advantages:

Single point of Responsibility & Accountability

Informed Decision Making

More Efficient Work Flow

Savings (Time & Cost)

Maximized Scope

Encourages Innovative Solutions

Higher Quality

Enjoyable Process

Decreased Administrative Burden

Early Risk Transfer (Risk Reduction)

Better Insurance Coverage

Transparency/Open Book

Early Guaranteed Maximum Price (GMP)

Safety

Site Logistics

Cost Control

Just-In-Time Scheduling

Internal Procurement Strategies

Procurement/Subcontractor Relations

Document Management

Technology In The Field

Commissioning

Virtual Design and Construction (VDC)

Fast-Track Delivery

Competitive Buying Power

Move-In Facilitators

FF&E Procurement And Installation

Operations Technology Management Training

Sustainability Certifications

concrete construction services

Tilt-Up Concrete

Precast Erection

Structural Foundations

Flatwork

Concrete Strategies Overview

Construction success is the standard at Concrete Strategies. Our firm has an unparalleled track record in architectural site cast concrete, structural concrete, flatwork, site utilities and all types of self-perform concrete construction for commercial projects.

Mobile Batch Plant

Architectural Concrete

Concrete Restoration, Water Proofing and Coatings

Ventana Overview

Ventana designs, supplies and installs high performing curtain wall facade systems. By working closely with the design team, we ensure a competitively priced façade that is water and air tight, and allows for optimal thermal control of the interior space.

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