Announced
Completed
Financials
Tags
Real Estate Holding and Development
Acquisition
Real Estate
United States
real estate
Domestic
Friendly
Single Bidder
Majority
Private
Completed
Synopsis
The Scion Group, an off-campus student housing communities operator, completed the acquisition of The Aves, a 1,527-bed student housing community, for $160m. “Adding The Aves to our portfolio is a testament to Scion’s commitment to the student housing sector and to strategic growth. The Aves embodies all of our priorities for investment: a high-quality and growing university market, superior asset quality and a strong community,” Avi Lewittes, The Scion Group CIO.
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