Brief
Scion Group, Ares Acquire U.S. Student Housing Portfolio for $435M
In their second major acquisition this year, student housing owner and operator the Scion Group and private equity giant Ares Management have purchased a four-community student housing portfolio in Te
Summary
In their second major acquisition this year, student housing owner and operator the Scion Group and private equity giant Ares Management have purchased a four-community student housing portfolio in Texas, Tennessee and Georgia for approximately $435 million.
Scion and Ares bought the 2,316-bed portfolio from Schenk+, a real estate development and investment company led by […]
Source
- Commercial Observercommercialobserver.com
