Scion adopts enhanced quality and service standards, supported by new technology, to empower nearly 1,800 team members to deliver a world-class resident experience. These capabilities support expansion of a key investment partnership, with Scion adding nearly 11,000 beds to reach 140 communities in 82 campus…
Scion brings together all central teams on two circulating floors of state-of-the-art collaborative space at 401 N. Michigan Avenue, enhancing the employee experience and demonstrating its commitment to Chicago’s downtown.
As it continues to expand the expertise and tenure of its team, including a 25% increase in corporate-level employees in a year, Scion adds strategic leadership, including six new vice presidents with over 60 years combined experience in their respective fields.
Scion strengthens existing investment partnerships, adding nearly 5,800 beds in 11 campus markets and growing its position as the global leader in purpose-built, off-campus student housing, now operating 127 communities in 78 US markets. Scion’s world-class operations team employs over 1,750 and has approximately $9…
Over a period of 90 days, Scion establishes new investment partnerships with two of the world’s leading real estate investors, adding 32 new communities and nearly 20,000 beds, representing $1.7 billion in project value. As a result, Scion becomes the global leader in purpose-built,…
As the COVID-19 pandemic unfolds, Scion communities remain open at near normal capacity and continue to safely provide all essential services to residents. It becomes clearer than ever that college-aged constituents value the entire college experience, not just taking classes to acquire a degree. Most…
As of its 20th anniversary, Scion is North America’s largest privately‐held owner/operator of student housing, operating over 58,000 beds and managing $5 billion of assets in partnership with institutional investors, supported by a corporate staff of nearly 180 and a site-level team of over 1,300.…
Scion begins the process of developing what will become the sector’s first fully curated, experiential family of brands. Drawing on nearly 20 years of experience operating all types of student housing assets, Scion recognizes the need to create a distinctive family of brands for the…
Scion officially begins to launch its new family of brands across its portfolio, with the introduction of the Redpoint brand in Denton, Texas.
In late 2017 and early 2018, a Scion affiliate, in partnership with sovereign investors GIC and CPPIB, completes the acquisition of 24 properties, for $1.1 billion. Scion’s earlier conviction about pursuing physical and operation upside is unabated, as this acquisition includes the most extensive value-add…