Ares Management and Scion Acquire Student Housing for $435 Million

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Summary · why it matters

Ares Management Corporation and The Scion Group have acquired four U.S. student housing communities for approximately $435 million, adding 2,316 beds near the University of Georgia, University of Tennessee, and Texas State University. This is the second major transaction for the Ares-Scion partnership in 2026, following their $910 million acquisition of 12 student housing communities in May, bringing their total student-housing investments this year to roughly $1.35 billion. The properties are located in markets where Scion already operates, which should make integration and management more efficient. Following the acquisition, Scion will operate nearly 117,000 beds across 187 communities in 92 U.S. markets. The deal reflects Ares' strategy to scale efficiently by purchasing groups of properties, capitalizing on resilient student housing demand driven by enrollment growth and limited on-campus supply.

Impact on assets 3

Financials▲ · 1 stocks
Ares Management LP
ARES
▲ PositiveCapitalrelevance

Ares acquired four student housing communities for ~$435M, its second major 2026 deal with Scion, scaling its real estate portfolio.

Aging Population▲ · 1 stocks
Artificial Intelligence▲ · 1 stocks

Off-coverage companies 1

The Scion GroupPrivate▲ Positive
Capitalrelevance

Scion partnered with Ares to acquire 2,316 beds for ~$435M, expanding to nearly 117,000 beds across 187 communities.

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