Morgan Stanley Real Estate Investing & The Scion Group Acquire 2000-Bed Student Housing In Oxford For $262M

The property asset involved is a 2,000-bed student housing portfolio located at 2405 Anderson Road in Oxford, MS. The acquisition price for the portfolio was set at $262 million, with a financing amount of $170 million secured through a loan arrangement.

Summary of transaction details:

• Property Type: Student Housing
• Transaction Amount: $262,000,000
• Loan Amount: $170,000,000
• Loan Type: Acquisition
• Lender: J.P. Morgan Chase & BMO
• Landlord: Morgan Stanley Real Estate Investing & Rob Bronstein - The Scion Group

The deal highlights the involvement of Morgan Stanley Real Estate Investing and The Scion Group, who secured senior financing to facilitate the acquisition of the student housing portfolio near the University of Mississippi.