Scion Continues Growth with Four Oxford, Mississippi Communities

The Scion Group welcomes an additional four communities at the University of Mississippi, which will be branded together as The Heritage Collection at Oxford. This acquisition adds nearly 250 additional beds to Scion's current operation of nearly 1,400 in this market, providing differentiation in product type and location to Scion's other local communities, Lark Oxford and Archive Oxford.

"This acquisition reinforces our commitment to delivering exceptional living experiences and expanding our presence in this highly desirable market," said Nick Eberhardt, Director of Investments for The Scion Group.

With the completion of this transaction, The Scion Group now owns and operates 141 communities in 82 campus markets located across 35 states. The company's workforce of over 1,600 team members helps deliver over $1 billion in aggregate annual rental revenue and a sector-leading standard for resident experience. In its 25-year history, Scion has also advised colleges, universities and public-private partners on nearly 300 campuses across North America.