• Scion Group formed a strategic partnership with Ares Management affiliates to invest in off-campus student housing.
• The partnership’s first deal is the acquisition of a 12-property, 7,578-bed portfolio for about USD 910 million.
• Scion will serve as operating partner for the portfolio, which includes assets serving universities such as Notre Dame, Ohio State, and James Madison.
• The deal lifts Scion’s owned portfolio to more than 105,000 beds across 161 communities in 90 US markets.
• Scion reported deploying about USD 10.2 billion since 2016, including USD 3.4 billion in the past 24 months.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Scion Group LLC published the original content used to generate this news brief on May 20, 2026, and is solely responsible for the information contained therein.