SCION ACQUIRES 959-BED COMMUNITY AT ARIZONA STATE UNIVERSITY

TEMPE, AZ. The Scion Group has announced the acquisition of a 959-bed student housing community serving the Arizona State University campus market, in a $65 million transaction. Scion purchased the property in a joint venture with a private equity fund. The property, built in 2009, is…

SCION ACQUIRES SEVEN COMMUNITIES, ADDS OVER 5,000 BEDS

CHICAGO, IL. The Scion Group has completed the acquisition of seven student housing communities from American Campus Communities (ACC), in a directly negotiated transaction valued at approximately $175 million. The 5,096-bed portfolio includes properties serving students at James Madison University, the University of Florida, the…

SAN JUAN COLLEGE ENGAGES SCION FOR THIRD TIME

FARMINGTON, NM. San Juan College has contracted with The Scion Group as its advisor throughout the development process for a new student housing community. The College first engaged Scion in 2008 to assess the feasibility of student housing on the campus. Despite significant student demand, economic…

SCION ACQUIRES THREE COMMUNITIES, ADDS 2,300 BEDS

CHICAGO, IL. The Scion Group has announced completion of three simultaneous acquisitions of student housing communities from three separate sellers, in a transaction exceeding $100 million in value. The properties, totaling 2,293 beds, serve the University of South Carolina, Oklahoma State University and Louisiana State…

SCION COMPLETES FACILITY IMPROVEMENT FRAMEWORK PLAN FOR UNIVERSITY OF MICHIGAN

ANN ARBOR, MI. The Scion Group has delivered a framework plan for the third phase of the University of Michigan’s comprehensive facility improvement program for campus housing, known as the Residential Life Initiative (RLI). The University engaged Scion for this assignment concurrently with graduate and…