The Scion Group and Ares Acquire Four-Community Student Housing Portfolio From SCHENK+
September 1, 2026
The Scion Group, in partnership with Ares Real Estate funds, acquired a four-community, 2,316-bed student housing portfolio from SCHENK+. The portfolio, acquired for approximately $435 million, serves students at the University of Georgia, the University of Tennessee, and Texas State University.
- Targets
- SCHENK+ (four-community student housing portfolio)
- Sellers
- SCHENK+
- Platforms
- The Scion Group
- Industry
- Real Estate
- Location
- United States
- Transaction Type
- Buyout
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