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Scion Group & Ares Management Team Up to Buy $910M in Student Housing

Scion Group CEO Rob Bronstein said that his team is targeting real estate around universities that represent a 'strong return on investment' in terms of tuition, as his company announces a deal with Ares Management to but $910M in student housing properties. Bronstein, joined by Bloomberg's Norah Mulinda, said that his investment is aimed at providing a wide net of locations and price points in the student housing market. (Source: Bloomberg)

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BloombergLean L·2h ago
Scion Group & Ares Management Team Up to Buy $910M in Student Housing
Scion Group CEO Rob Bronstein said that his team is targeting real estate around universities that represent a 'strong return on investment' in terms of tuition, as his company announces a deal with Ares Management to but $910M in student housing properties. Bronstein, joined by Bloomberg's Norah Mulinda, said that his investment is aimed at providing a wide net of locations and price points in the student housing market. (Source: Bloomberg)
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Scion Group & Ares Management Team Up to Buy $910M in Student Housing

How 1 sources are covering this

Scion Group & Ares Management Team Up to Buy $910M in Student Housing

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