Scion Becomes Largest Owner/Operator of Off-Campus Student Housing

The Scion Group is pleased to announce the addition of 32 high-quality assets to its portfolio of student housing communities over the past 90 days. These transactions were completed in separate investment partnerships with a Brookfield Asset Management private fund and with PGIM Real Estate…

Scion and PGIM Real Estate Acquire Two Student Housing Communities

The Scion Group and PGIM Real Estate, the real estate investment and financing arm of Prudential Financial’s global asset management business, announced today that their recently formed joint venture has completed the acquisition of two Class A student housing communities totaling 1,244 bedrooms. Both properties…

Scion Congratulates Production Partner, RLD Creative

Scion is proud to recognize creative production partner, RLD Creative, as a winner of a 2021 Gold recognition for Health & Wellness Design, from the Hermes Creative Awards. Throughout the COVID-19 pandemic, RLD worked without interruption to support Scion’s production needs for…

Scion Internal Promotions Generate Positive Change

The Scion Group’s latest internal promotions come after a year of proven resiliency in the student housing sector, positioning the company for continued growth and innovation. Scion has grown in its sales capacity creating more than 38 opportunities, 80% of which were filled through internal promotions.…

Scion Expands Key Departments

The Scion Group is proud to announce new additions to its leadership and strategic departments. Two new team members have joined Scion’s Financial Planning & Analysis team. Adding ten years of combined experience to the team led by Vice President John Carr are Kosta Kallco, FP&A…

Scion Completes $21 Million of Capital Projects

The Scion Group has announced the undertaking and completion of several capital projects during 2020, totaling $21 million of investment across its portfolio of student housing communities. Large-scale renovations at communities serving the Purdue University and University of Maryland markets comprised the most significant portion of…

Scion Welcomes New Team Members

The Scion Group is proud to announce recent additions to its leadership. John Carr, Vice President, Financial Planning & Analysis (FP&A), leads the Financial Planning & Analysis team. With over seven years of analytical expertise in the field, he will lead refinement of Scion’s budget and…

IREM – Property Spotlight

For decades, the student housing experience was a predictable one. Fresh­men, for the most part, lived in on-campus dormitories with a roommate; sophomores and upperclassmen had the increased options of off campus residences-two-flats, smaller rental houses, apartment complexes with few amenities-or sorority or fraternity houses,…

Scion Launches New Collaborative Program

The Scion Group has announced the launch of Scion Campus Connections, a new strategic initiative to improve collaboration between higher education housing departments and Scion’s off-campus housing teams. The new program reflects Scion’s commitment to align with the overall missions of higher education institutions in the…

Scion Team Members Advance

The Scion Group is proud to announce promotions of four key team members. Nicole Beach, now Senior Vice President, Property Management Services, manages the company’s Facilities and Capital team in addition to her continuing responsibilities for talent acquisition, training, property management systems and corporate office administration.…