ICON is the sole project in Campustown Opportunity Zone Fund II and the flagship student housing development for JDP at the University of Illinois. This 276-bed, 6-story project is just two blocks from campus and one block off of Green Street and features a mix of Studio, One, Two, Three, and Four Bedroom units, all with bed-bath parity. Featuring a full amenity package including fitness center, clubhouse with tenant lounge, business center, and second floor rooftop amenity deck, ICON opened for occupancy in August of 2021.
| Investment | Development |
| Asset Class | Student Housing |
| Status | Stabilized |
| Market | University of Illinois |
| Construction | 2021 |
| Beds | 276 |
| Square Feet | 116,350 |
Ryan Tobias, Managing Partner
Ryan is a Managing Partner of Jackson Dearborn Partners. He oversees all elements of the JDP business including acquisitions, site selection, fundraising, and investor relations. With 16 years experience, Ryan has worked on over $1 billion in transactional real estate and has developed or acquired over $200 million in student housing and multi-family real estate. Read more
Prior to founding Jackson Dearborn Partners, Ryan worked at brokerage firms Marcus and Millichap and Newmark Knight Frank before starting Triad Real Estate Partners in 2010. Triad is a leading broker of student housing and multi-family in the Midwest completing nearly $1.6 billion in sales since inception. Following the success of Triad, he launched JDP with Shaun Buss and Sean Lyons in 2014 with the goal of building out a vertically integrated real estate investment portfolio.
Ryan is a graduate of the University of Michigan and after a decade in Chicago, moved back to Ann Arbor where he now resides with his wife Brittany and their two children.