VENTUS GROUP ENGAGES SCION FOR RENTAL RATE ANALYSIS, PROGRAM UPDATE FOR USC PROJECT

IRVINE, CA. Following successful analyses of the student housing market and demand by The Scion Group, the Ventus Group (formerly Spectrum Group) has again retained Scion to provide update its rental rate analysis and to recommended a housing program and rental rates for The Fig, a modern, mixed-use project located steps from the University of Southern California campus.

Scion’s services will be completed in two phases. Scion will first update recommended rental rates for the previously defined housing program for The Fig. Scion will then develop a recommended building program, including rental rates and amenities, benchmarking to comparable projects nationwide.

Founded in 2006, Ventus Group is a real estate investment and development management firm with a diverse portfolio that includes mixed-use, subdivisions, multi-family, retail, office and industrial properties.

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