Scion Refines Portfolio Composition

Scion sells its ownership stake in some of its original value-add offerings, creating a successful realization as well as orienting its own portfolio toward newer, state-of-the-art housing. Following this disposition, Scion’s portfolio has an average age of under five years and an average distance-to-campus of 0.7 miles. Further, the quality of Scion’s campuses (as defined by enrollment size, graduation rates and academic prestige) is superior to any large, national portfolio in the student housing industry.