| RECENT NEWS |  |
MAY 4, 2010
SCION TO STUDY HOUSING MARKET FOR NORTHEASTERN STATE UNIVERSITY
TAHLEQUAH, OK. Northeastern State University has engaged The Scion Group to complete a student housing market and demand analysis for the renewal of its existing housing inventory. This study marks 90 campuses on which Scion has been engaged.
APRIL 27, 2010
CHICAGO STATE UNIVERSITY FOUNDATION SELECTS SCION FOR HOUSING DEVELOPMENT MARKET STUDY
CHICAGO, IL. The Chicago State University Foundation has announced its selection of The Scion Group to complete a housing development market and demand study, following a competitive proposal process. Scion's study will include consideration of both traditional and non-traditional student populations.
CHICAGO STATE UNIVERSITY FOUNDATION SELECTS SCION FOR HOUSING DEVELOPMENT MARKET STUDY
CHICAGO, IL. The Chicago State University Foundation has announced its selection of The Scion Group to complete a housing development market and demand study, following a competitive proposal process. Scion's study will include consideration of both traditional and non-traditional student populations.
APRIL 23, 2010
SCION TO EVALUATE HOUSING AT THREE WASHINGTON STATE UNIVERSITY CAMPUSES
PULLMAN, WA. Washington State University has selected The Scion Group to assess demand, campus impact and financing options for the potential addition of student housing at its three branch campuses in Spokane, Tri-Cities and Vancouver. Scion was selected in a national competitive process and will advise the University on benchmark "tipping points" to help determine whether to proceed with housing at each campus.
SCION TO EVALUATE HOUSING AT THREE WASHINGTON STATE UNIVERSITY CAMPUSES
PULLMAN, WA. Washington State University has selected The Scion Group to assess demand, campus impact and financing options for the potential addition of student housing at its three branch campuses in Spokane, Tri-Cities and Vancouver. Scion was selected in a national competitive process and will advise the University on benchmark "tipping points" to help determine whether to proceed with housing at each campus.
MARCH 29, 2010
LAKE FOREST COLLEGE RETAINS SCION TO EVALUATE NEW STUDENT HOUSING
LAKE FOREST, IL. Lake Forest College has engaged The Scion Group to conduct an in-depth feasibility evaluation for a contemplated expansion and renovation of its current housing operations, as part of the College’s strategic planning in anticipation of enrollment growth.
LAKE FOREST COLLEGE RETAINS SCION TO EVALUATE NEW STUDENT HOUSING
LAKE FOREST, IL. Lake Forest College has engaged The Scion Group to conduct an in-depth feasibility evaluation for a contemplated expansion and renovation of its current housing operations, as part of the College’s strategic planning in anticipation of enrollment growth.
MARCH 26, 2010
SCION ACQUIRES 564-BED PROPERTY AT GEORGIA SOUTHERN UNIVERSITY
STATESBORO, GA. An affiliate of The Scion Group has acquired "Cambridge at Southern," a 228-unit student housing community serving Georgia Southern University.
SCION ACQUIRES 564-BED PROPERTY AT GEORGIA SOUTHERN UNIVERSITY
STATESBORO, GA. An affiliate of The Scion Group has acquired "Cambridge at Southern," a 228-unit student housing community serving Georgia Southern University.
FEBRUARY 24, 2010
SCION TO ADVISE UNIV. OF ONTARIO INST. OF TECHNOLOGY, IN COLLABORATION WITH DURHAM COLLEGE AND CITY OF OSHAWA
OSHAWA, ON. The Scion Group has been selected to advise a coalition that includes the University of Ontario Institute of Technology, Durham College and the City of Oshawa, Ontario, on housing solutions for a growing student population.
SCION TO ADVISE UNIV. OF ONTARIO INST. OF TECHNOLOGY, IN COLLABORATION WITH DURHAM COLLEGE AND CITY OF OSHAWA
OSHAWA, ON. The Scion Group has been selected to advise a coalition that includes the University of Ontario Institute of Technology, Durham College and the City of Oshawa, Ontario, on housing solutions for a growing student population.
DECEMBER 31, 2009
SCION ACQUIRES 700-BED PROPERTY AT UNIVERSITY OF SOUTH CAROLINA
COLUMBIA, SC. A subsidiary of The Scion Group, in partnership with a private equity fund managed by Real Estate Capital Partners, has acquired a 206-unit student housing community serving the University of South Carolina. The partnership will invest over $1.5 million in improvements to the 700-bed property, known as "Riverside."
SCION ACQUIRES 700-BED PROPERTY AT UNIVERSITY OF SOUTH CAROLINA
COLUMBIA, SC. A subsidiary of The Scion Group, in partnership with a private equity fund managed by Real Estate Capital Partners, has acquired a 206-unit student housing community serving the University of South Carolina. The partnership will invest over $1.5 million in improvements to the 700-bed property, known as "Riverside."
OCTOBER 27, 2009
ADIRONDACK COMMUNITY COLLEGE ENGAGES SCION AND SASAKI TO PLAN FIRST CAMPUS HOUSING
QUEENSBURY, NY. A team of The Scion Group and Sasaki Associates has been selected by Adirondack Community College to explore the viability of the College's first-ever dedicated student housing. Scion will conduct a detailed market and demand analysis, study the impact on campus of new housing and create a business and financing plan. Sasaki will integrate a student housing facility plan, site survey and architectural renderings. The team's cooperative effort will result in a comprehensive student housing plan.
ADIRONDACK COMMUNITY COLLEGE ENGAGES SCION AND SASAKI TO PLAN FIRST CAMPUS HOUSING
QUEENSBURY, NY. A team of The Scion Group and Sasaki Associates has been selected by Adirondack Community College to explore the viability of the College's first-ever dedicated student housing. Scion will conduct a detailed market and demand analysis, study the impact on campus of new housing and create a business and financing plan. Sasaki will integrate a student housing facility plan, site survey and architectural renderings. The team's cooperative effort will result in a comprehensive student housing plan.
OCTOBER 5, 2009
MARYLAND ECONOMIC DEVELOPMENT CORP. RETAINS SCION TO ADVISE ON FINANCIAL PERFORMANCE OF TWO PROPERTIES
BALTIMORE, MD. The Maryland Economic Development Corporation (MEDCO) has engaged The Scion Group to provide an independent-party analysis of revenues and expenses and to develop recommendations on improving financial performance at housing properties serving two public university campuses. This engagement follows Scion's successful management consulting services for MEDCO in 2008, which resulted in increased debt-service coverage for MEDCO-owned properties on three Maryland campuses.
MARYLAND ECONOMIC DEVELOPMENT CORP. RETAINS SCION TO ADVISE ON FINANCIAL PERFORMANCE OF TWO PROPERTIES
BALTIMORE, MD. The Maryland Economic Development Corporation (MEDCO) has engaged The Scion Group to provide an independent-party analysis of revenues and expenses and to develop recommendations on improving financial performance at housing properties serving two public university campuses. This engagement follows Scion's successful management consulting services for MEDCO in 2008, which resulted in increased debt-service coverage for MEDCO-owned properties on three Maryland campuses.
SEPTEMBER 8, 2009
UNIVERSITY OF IOWA RETAINS SCION TO EXAMINE FAMILY AND GRADUATE STUDENT HOUSING
IOWA CITY, IA. The University of Iowa has engaged The Scion Group to examine options for the replacement, renovation or elimination of its existing family and graduate housing. Having previously conducted several facility and alternatives reviews of the properties (collectively known as Hawkeye Campus Housing), the University has engaged Scion to provide an independent-party analysis of its options.
UNIVERSITY OF IOWA RETAINS SCION TO EXAMINE FAMILY AND GRADUATE STUDENT HOUSING
IOWA CITY, IA. The University of Iowa has engaged The Scion Group to examine options for the replacement, renovation or elimination of its existing family and graduate housing. Having previously conducted several facility and alternatives reviews of the properties (collectively known as Hawkeye Campus Housing), the University has engaged Scion to provide an independent-party analysis of its options.
AUGUST 26, 2009
BLACKSTONE GROUP RETAINS SCION FOR THIRD TIME TO ADVISE ON 1,045-BED NIDO KING'S CROSS DEVELOPMENT
LONDON, U.K. Following its successful engagements to assist in the development of the residence life program at its Nido King's Cross property in downtown London, Blackstone Property Management Ltd., part of The Blackstone Group, has engaged Scion for a third time, to identify opportunities for improved efficiencies and net operating income along with an enhanced experience for residents.
BLACKSTONE GROUP RETAINS SCION FOR THIRD TIME TO ADVISE ON 1,045-BED NIDO KING'S CROSS DEVELOPMENT
LONDON, U.K. Following its successful engagements to assist in the development of the residence life program at its Nido King's Cross property in downtown London, Blackstone Property Management Ltd., part of The Blackstone Group, has engaged Scion for a third time, to identify opportunities for improved efficiencies and net operating income along with an enhanced experience for residents.
AUGUST 13, 2009
CSU-PUEBLO OPENS NEW STUDENT HOUSING FACILITY FOLLOWING SCION'S RECOMMENDATIONS
PUEBLO, CO. Following a 2008 engagement of The Scion Group by Allen & O'Hara Inc. to explore the feasibility of a contemplated new student housing community on the campus of Colorado State University – Pueblo, which stemmed from Scion's 2006 student housing master plan for the University, the first phase of the project successfully opened in Fall 2009 with a 97% occupancy rate and with a second phase already under construction.
CSU-PUEBLO OPENS NEW STUDENT HOUSING FACILITY FOLLOWING SCION'S RECOMMENDATIONS
PUEBLO, CO. Following a 2008 engagement of The Scion Group by Allen & O'Hara Inc. to explore the feasibility of a contemplated new student housing community on the campus of Colorado State University – Pueblo, which stemmed from Scion's 2006 student housing master plan for the University, the first phase of the project successfully opened in Fall 2009 with a 97% occupancy rate and with a second phase already under construction.
AUGUST 12, 2009
SCION TO PRESENT AT ACUHO-I BUSINESS OPERATIONS CONFERENCE
COLUMBUS, OH. The Association of College and University Housing Officers - International (ACUHO-I) Business Operations Program Committee has announced its acceptance of two program proposals from The Scion Group for its Business Operations Conference, scheduled for October 4-7, 2009. Along with the Director of Housing and Residence Life at the University of Louisville, Scion will co-present "Affiliation Agreements between Schools and Off-Campus Housing Providers" and "De-Mystifying Public-Private Partnerships."
SCION TO PRESENT AT ACUHO-I BUSINESS OPERATIONS CONFERENCE
COLUMBUS, OH. The Association of College and University Housing Officers - International (ACUHO-I) Business Operations Program Committee has announced its acceptance of two program proposals from The Scion Group for its Business Operations Conference, scheduled for October 4-7, 2009. Along with the Director of Housing and Residence Life at the University of Louisville, Scion will co-present "Affiliation Agreements between Schools and Off-Campus Housing Providers" and "De-Mystifying Public-Private Partnerships."
