The Alcove is a 115 Bed / 59 unit Student Housing apartment building located at 202 East John Street in the Heart of Campustown at the University of Illinois. R2 acquired the Property as a “tack-on” investment to the Bankier Portfolio in Q1-2025.

R2 will make significant in-unit renovations to the Property as well as cosmetic and infrastructure improvements throughout. The Alcove’s unique design, private outdoor spaces, and A+ location make it an ideal addition to our Student Housing Portfolio at UIUC.