Morgan Stanley Real Estate Investing and The Scion Group to Acquire University of Mississippi Student Housing Portfolio for $262 Million

CitiBiz
Written By Matthew Doherty

NEW YORK–(BUSINESS WIRE)–Morgan Stanley Investment Management, through investment funds managed by Morgan Stanley Real Estate Investing, and The Scion Group announced today a joint venture to acquire a portfolio of student housing communities in Oxford, Mississippi, for a combined investment of $262 million. The portfolio is located within two miles of the University of Mississippi campus and comprises 600 apartments, townhomes and cottages with more than 2,000 beds.

 
Matthew Doherty
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