Inland Real Estate Investment Corp. and The Scion Group have formed a strategic relationship focused on operating off-campus purpose-built student housing properties owned by affiliates of Inland Investments and located at leading, top-tier universities throughout the United States.
The relationship builds upon Inland Investments’ strategic plan to continue expanding its $1.7 billion student housing footprint, which currently consists of more than 10,000 beds across 19 properties throughout the country.
“We could not be more excited to partner with Scion as a best-in-class student housing operator,” said Nati Kiferbaum, chief strategy officer of Inland Investments. “As we look to the next phase of growth in expanding our student housing platform, providing investors with access to scale and efficiencies within the sector is a key strategic objective for us.”
With more than 25 years focused solely on student housing, Scion is a leading owner, investor,