Morgan Stanley Real Estate Investing And The Scion Group Acquire Student Housing Portfolio For $262M

The property asset involved in the transaction is a 2,000+ bed student housing portfolio located at 2405 Anderson Road in Oxford, MS. The sale price for the portfolio is $262,000,000, and it comprises 1,018 units, with a price per unit of $257,367.

Summary of transaction details:

• Property Type: Student Housing
• Transaction Amount: $262,000,000
• Units: 1,018
• Price Per Unit: $257,367
• Buyer: Morgan Stanley Real Estate Investing & Rob Bronstein - The Scion Group
• Market: Oxford, MS
• Financing Arranged By: TSB Capital Advisors

A joint venture has been established between Morgan Stanley Real Estate Investing and The Scion Group to manage this acquisition of the student housing portfolio. The deal highlights collaborative efforts in the investment of educational housing facilities targeted at the student demographic in the region.