Scion has managed the development, launch, acquisition and/or operation of over 10,000 beds of student housing. Today, we directly manage 4,250 beds of high-quality housing on or near college campuses.

Since 2002, Scion has provided complete property management and residence life services for a wide variety of student housing types, from garden apartments to downtown high-rises, and from institutional master leases to fully private operations.

Our property management clients have included universities, private equity managers, real estate developers, institutional fund advisors and our own close investors. We formed the team that beginning in 2003 successfully launched and managed the landmark University Center of Chicago. From 2004 to 2006, we acquired, upgraded and repositioned 650 beds of housing adjacent to Illinois State University – including 352-bed The Point – which we manage under the Stepping Stone Properties brand. In 2007 and 2008, Scion partnered with institutional equity manager ASB Real Estate Investments to acquire a portfolio of nearly 4,000 beds in four states, including ON50 and 42North at the University of South Florida, the Millennium and Bloom communities near Indiana University, 2040 Lofts at Marquette University, The Automatic Lofts next to University of Illinois at Chicago and Dwight Lofts serving Columbia College Chicago and other nearby "South Loop" schools.
In 2008, Scion participated in the development of and began managing the 342-bed 4 Eleven Lofts at the University of Michigan and led the private-equity acquisition of two communities totaling 1,596 beds adjacent to the University of Illinois at Urbana-Champaign, now combined into ONE North and ONE South. In 2009, we partnered with private-equity manager Real Estate Capital Partners to acquire the 700-bed Riverside at the University of South Carolina, and in 2010 we acquired the 564-bed Cambridge at Southern at Georgia Southern University.

We also apply our expertise in offering marketing and leasing services for on-campus facilities such as Illinois Institute of Technology's 362-bed State Street Village (opened successfully in 2003) and Case Western Reserve University's Village at 115 (opened August 2005 with 1,100 applications for its 740 spaces), operational and facility reviews such as for Howard University and Portland State University, and management startup and operations consulting particularly for institutions just beginning residential offerings such as the University of Monterrey [Mexico], the University of Medicine and Dentistry of New Jersey (both opened Fall 2006), and Blackstone Group's "nido" student housing in London, U.K. (opened Fall 2007).