The Scion Group has secured a $1.4 billion refinancing for a 39-community student housing portfolio totaling nearly 25,000 beds across 29 university markets, representing one of the largest financings in the student housing sector to date. The first-mortgage financing comes at a time when volatility across…
The Scion Group has completed its acquisition of the operating business of Student Quarters, bringing the Atlanta-based student housing operator into Scion’s national platform and closing out one of the most active periods of growth in the company’s history. Over the past 24 months, Scion has…
Scion has expanded its national student housing platform with the portfolio acquisition of four communities totaling 2,316 beds, in partnership with funds managed by Ares Real Estate. The over $400 million transaction adds communities serving Texas State University, the University of Georgia and the University…
The Scion Group today announced that it has entered into a definitive agreement to acquire the operating platform of Student Quarters, an Atlanta-based owner and operator of purpose-built student housing. The portfolio includes nearly 13,000 beds across 21 markets, and represents approximately $1.5 billion in…
The Scion Group and affiliates of Ares Management Corporation today announced the formation of a strategic partnership to invest in off-campus student housing, with a focus on high-quality assets in markets characterized by strong enrollment fundamentals and limited new supply. The partnership’s inaugural transaction is the…
At the midway point in the 2026-2027 lease-up, the data is telling a clear story: Over the past decade, Scion has developed the premier research and analytics platform in student housing, spanning…
Scion has added three purpose-built student housing communities serving major campuses to its portfolio, at Purdue University, Baylor University and the University of Virginia, launching a new relationship with an Inland affiliate, with Scion investing in the communities and leading operations and resident experience. “Welcoming these…
The Scion Group and Morgan Stanley Investment Management, through its managed investment funds, have announced a joint venture to acquire a portfolio of student housing communities in Oxford, Mississippi, comprised of 600 apartments, townhomes and cottages with more than 2,000 beds. The acquisition of College Town…
The Scion Group, the largest owner-operator of off-campus student housing in North America, is pleased to welcome four Columbia, Missouri communities together known as the Element Communities, totaling 1,613 beds and serving the University of Missouri market. In partnership with the existing equity owner, affiliates of…
The Scion Group marked the company’s 25th anniversary at its annual Leadership Summit from February 25-27 in Chicago. The event brought together nearly 430 attendees from across the US and Canada, including community general managers, regional management, central office team members, service partners and industry specialists.…